Storm The Norm 14: Indian Startup Ecosystem is at Best a Clone of its Global Counterparts

At a time when the Indian Government is ruthlessly banning Chinese apps and pushing the Indian Start-up eco-system to raise their game,the question really is, "Are we ready to take the challenge"?It's well known that most Indian startups are prone to emulate successful global ideas, by and large fine-tuning an existing model to serve local needs. There’s Ola for Uber, Gaana for Spotify, OYO Rooms for Airbnb, and Flipkart for Amazon. So while India has provided for a nurturing ground to numerous startups in the past few years but they are merely clones of Western ideas.To storm this very pertinent norm we have none other than GV Ravishankar, who is a Managing Director of Sequoia Capital India. GV’s specific focus areas are the Consumer, Financial Services, and Education sectors. Two of the most interesting Indian start-ups GV works with are Byju’s and Rebel Foods. A President’s Gold Medal awardee from IIM Ahmedabad, GV’s experience spans many years with Wipro Technologies and then McKinsey & Company in senior advisory roles.

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