Archive · 29 May 2025
Suhel Seth: Indian Startups Replicating Western Models
Suhel Seth, a business expert, says many Indian startups are just copies of ideas from other countries, not really new or innovative.
He thinks they care more about how much money they make and how quickly they can sell the company, rather than making a real difference.
He wonders why India hasn't created tech giants like Google or Facebook.
He suggests focusing on making startups that help Indian society and last a long time, rather than just making money quickly.
Suhel Seth criticized Indian startups for replicating Western business models.
He stated that most startups lack genuine innovation and focus on valuation.
Seth believes Indian startups prioritize financial gains over societal impact.
He questioned why India hasn't produced global tech giants.
Seth advocated for startups that are meaningful, sustainable, and visible in their impact.
- Who
- Suhel Seth, Managing Partner of Counselage India
- What
- Seth criticized Indian startups for lacking genuine innovation and replicating Western business models.
- When
- May 29, 2025
- Where
- New Delhi
- Why
- Seth believes Indian startups are not creating original solutions, focusing on short-term gains instead of meaningful impact.
- Suhel Seth's Position
- Counselage India Managing Partner
- Event Mentioned
- CII Annual Business Summit 2025