- Published on May 12, 2025
- In AI Features
India Has Tech Companies, But Not Enough
“India has a lot of tech-enabled companies, not pure-play tech ones.”
- By Mohit Pandey
Lately, Indian startups have been receiving a lot of flak. This started with union minister Piyush Goyal calling out the “fancy ice-cream” problem of Indian startups, implying that there is not enough deep tech research happening in India. This was also a jab at Indian investors, like the ones in Shark Tank, who do not invest in deep tech startups.
Anupam Mittal, founder of Shaadi.com and also one of the Sharks from Shark Tank India, possibly responding to Goyal’s recent remark, said, “There is no tech in India,” in a recent discussion with Nikhil Aggarwal, founder and group CEO of Grip.
Giving examples of tech giants like NVIDIA, Google, Meta, and Apple, Mittal said that these Western companies operate on larger margins to become billion-dollar enterprises within a few yea
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Mohit Pandey
Mohit writes about AI in simple, explainable, and often funny words. He's especially passionate about chatting with those building AI for Bharat, with the occasional detour into AGI.
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