Zepto boi with balls of steel...

Agree completely with you @DaringTrain TBH - the union minister just made a populist statement

In a country like India where the stage of our ecosystem is still very early, discouraging ecommerce/D2C brands is not something you should do - because we're nowhere in the AI race

But I get what he's done. His argument is as sensible as a woke liberal college kid who speaks against the government. They both sound great to dimwits.

@Micheal_Scott let’s have another AMA with @Aadit

It’s true that a significant chunk of Indian startups tend to focus on low-hanging fruit like delivery services, e-commerce, fintech apps, and consumer convenience platforms. This is largely because they’re easier to scale and attract VC funding quickly.

But but but and a big but India still spends less than 1% of its GDP on R&D, and most startups reflect that environment. There’s a gap between academic research and industry application. Startup’s in India often don’t have the bandwidth or risk appetite to engage in long-term research-heavy innovation.

Also, I believe the startup ecosystem is still new as compared to China’s. India’s startup culture began to mature only in the past 10–12 years.
Just because a startup delivers groceries faster doesn’t mean it lacks impact. India is a diverse and complex country. Solving logistical challenges, financial inclusion aren’t most important and aren’t just convenience plays; they are socio-economic interventions.

I wonder what govt is doing to incentivise what he say. Just like PLI schemes for electronics and semiconductors, India could benefit from dedicated funding pools or sandboxes for AI, quantum computing, or biotech. Maybe lower GST on hardware components, faster IP clearance, and reduced compliance burden.

Or simply stupid?

It's not just him, lots of entrepreneurs speaking up against his statement on Twitter. My feed is filled with pissed off founders with stories of corruption and govt malpractices.

Piyush Goyal messed with a hornets nest tbh, govt will need a good distraction to stop this bad PR spiral lmao.

@DaringTrain you missed chance to tell kid is daring 😁😆

Some people think that Zepto will be the next BYJU’s, that only time will tell, appreciate the views of Aadit!

If it was not for the likes of the so called delivery boy companies, we would have lakhs of unemployed youth in the country (because the government has done a shit job solving for employment).

The rich arent bound by the law but protected by it and the poor aren’t protected by the law but bound by it.

So no Aadit doesn’t have balls of steel but rather he knows nothing will happen even if he speaks up. Also in this case I feel its good that he said what he said coz at least he is doing something unlike our politicians.

I think if you are doing business in India ... No matter what don't mess up with politicians or any political party. This is bitter fact we need to live with. For Aadit Papa can only help you in securing funding and not in political mess.
And Zepto first needs to work on food safety at their dark stores.