‘Only back dashboards and coffee companies…’: Founder slams India’s VC scene for killing innovation early

The innovation in India is walking between the promise and reality. Despite the Prosperity Ecosystem and Deep Talent Pool, Entrepreneurs often turn to the wall of systemic apathy: bureaucratic inertia, charged inertia, the above investors.

Nowhere is not more dramatically captured than a recent conversion record, the founder of which ai-powered autonomous retail startup hit the deadlock, but the broken funding system that could not break from rapid victories.

The co-founder of Indian newly created Indian-Retail stores has become naked to Indian innovators in the blunt reddish records entitled “Indian innovative”.

“Hello, I’m an Indian co-operation co-operation that works on building autonomous stores using Vision AI and Sensor Fusion 24×7 retail,” said the founder. “We are the only company in India that has created a fundamental vision of Vision AI to identify people and follow people …

Despite the construction of a global expenditure, the three team could not attract funding. The founder shared blut rejections from Indian VCS.

• “VC. Indians do not need such shops, QCommerce Hai Hamare Paas (we have qcommerce).”
• “VC. Don’t go to innovation, Yaha Pe Koi Paisa Nai DeGA (no one gives you money). Just leave this.”

Some demanded to remove the scope of seeding. “VC. Get $ 100k $ 200k arr than we can talk,” said one. The foundation pushed back.

The disappointing, post ended with a gloomy note.

The post quickly started the debate.

One user highlighted the mismatch of cultural and market.

Another oriented structural issues. “Every vC wants to see either IIM or IIT Tag …

Others cautiously encourage and advice on the equalization of partnership, grants and investors.

But the most brutal commentator struck deep cultural roots. “The top costs of Indian Higher Companies were nowhere near our peers … Indians live on the floor of Maslow’s pyramid … Self-tests will not work …

The post is completed with a sober estimation. In India, innovation often does not lack intellect or effort, but because the ecosystem has not been built to support it.