‘Don’t fund the next food delivery company’: Sabeer Bhatia says India lacks real innovation

When India delivers 10 minutes of chips and shampoo, Saberi Bhatia asks that several questions dare. What is the meaning? The co-founder of Hotmail, which speaks in Bengaluru, has directly slipped the country’s fast trade craze and the burning investors. “Do not fund the next food delivery company,” he said, saying the absence of real innovation with immediate satisfaction.

“Everyone just copies,” Bhatia said. “They can change a small structure for five minutes or 10 minutes or a faster or on a motorcycle, but it is not innovation. It’s structural changes.

He was in Bengaluri on Wednesday in Bengaluru, the Orchestra’s Young Entrepreneurs Program to launch an international school. Addressing speed of operation, he mentioned.

He also spoke about the role of education in promoting real innovation. “Deep Tech is about the interrogation of things and to find out different ways of doing things, and it comes from education. Thus, our education system should do fair technology.

During the failure of Batty, he had a Podcast called India’s “false” calculation, claiming that it promotes economic activities. “Our GDP is all wrong. And I just just need two seconds to watch how they count the GDP, “he said.

Bringing an example – he added.

He opposed the United States where he said that GDP reflects work and outcome. “Everyone has an hourly rate. Everyone lists how many hours of effort you make and you report you to pay your GDP.

Offering a more honest, AI connected system, Bhatia said. “It simply came to our notice then.

He also flagged India’s ineffective work culture, where the authority exceeds productivity. “People are too focused on status, power and signs,” he said, noting that most engineers ended in government. “99% of engineering graduates join the management and start giving them all. Where is the work ethic where they really work and really go?