Aman Gupta sides with Piyush Goyal’s comments on Indian startups to focus on deep tech
New Delhi, Apr 06 (PTI): boAt co-founder Aman Gupta has come out in support of Commerce and Industry Minister Piyush Goyal's recent remarks urging Indian startups to focus more on deep-tech innovation. Gupta's comments come amid an ongoing debate within the startup ecosystem where several founders have countered Goyal's critique of consumer-focused ventures like food delivery and luxury goods startups.
Gupta took to social media platform X to echo Goyal's call for startups to move beyond consumer-centric models like food delivery and fantasy sports apps and instead prioritise technologies like artificial intelligence, robotics, and quantum computing.
"It's not every day that the government asks founders to dream bigger. But at Startup Mahakumbh, that's exactly what happened. I was there. I heard the full speech. Hon. Minister @PiyushGoyal Ji isn't against founders. He believes in us. His point was simple: India has come far, but to lead the world...we need to aim higher.
"It reminded me of something I say often on Shark Tank India, If you want to build a world-class product, you must know your competition. That applies to India too," Gupta wrote.
The minister, during the inaugural of Startup Mahakumbh on Thursday, asked the Indian startup community to shift their focus from grocery delivery and ice cream making to high-tech sectors like semiconductors, machine learning, robotics, and artificial intelligence.
He had questioned Indian food delivery startups for turning unemployed youth into cheap labour.
"Are we going to be happy being delivery boys and girls... Is that the destiny of India...this is not a startup, this is entrepreneurship... What the other side is doing -- robotics, machine learning, 3D manufacturing and next generation factories," Goyal said, showing a slide titled "India vs China. The Startup Reality Check".
The minister had pointed out that only 1,000 of India's 1.57 lakh recognized startups operate in deep-tech spaces-a situation he described as "disturbing" given India's aspirations to become a developed nation by 2047.
Startup founders including Zepto CEO Aadit Palicha, Zoho founder Sridhar Vembu, and Paytm founder Vijay Shekhar Sharma have countered Goyal's comments.
Gupta, however, said pitching the country against China is a smart strategy.
"Benchmarking against China, the US, or anyone else -- isn't weakness. It's a smart strategy. We're already the 3rd largest startup ecosystem in the world and the fastest-growing major economy. But if we want to be No.1, we need to also go deep into AI, deep tech, climate, mobility, and infra. We need LLMs and innovation stacks that compete on global standards.
"And to make that happen, we also need Scientific risk, More patient capital, Founder-policymaker collaboration and a long-term national vision," Gupta wrote.
It’s not every day that the government asks founders to dream bigger.
— Aman Gupta (@amangupta0303) April 6, 2025
But at Startup Mahakumbh, that’s exactly what happened. I was there. I heard the full speech. Hon. Minister @PiyushGoyal Ji isn’t against founders. He believes in us.His point was simple: India has come far,… pic.twitter.com/bA4ontAz1M
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25 killed in lightning strikes, hailstorms in several districts of Bihar
Patna, Apr 10 (PTI): At least 25 people were killed in lightning strikes and hailstorms in several districts of Bihar on Thursday, officials said.
According to a statement issued by the Chief Minister's Office (CMO), Nalanda reported 18 deaths, followed by two in Siwan, one each in Katihar, Darbhanga, Begusarai, Bhagalpur and Jehanabad.
RJD leader Tejashwi Yadav, however, claimed in a post on X that over 50 people died on Thursday.
“I am deeply saddened by the tragic deaths of more than 50 people in various incidents of storm, rain, lightning, tree and wall collapse in Bihar. I express my deepest condolences. May God provide strength to the families affected by the disaster in this hour of grief,” he wrote in Hindi.
He also said that the state government should compensate farmers for their crop loss due to the sudden rain and give them proper compensation.
Earlier, Chief Minister Nitish Kumar condoled the deaths and announced an ex gratia of Rs 4 lakh each for the next of kin of the deceased.
On Wednesday, 13 people had died in lightning strikes in four districts of Bihar.
The India Meteorological Department has issued an ‘orange alert’ (be prepared) for a number of districts, including Darbhanga, East Champaran, Gopalganj, West Champaran, Kishanganj, Araria, Supaul, Gaya, Sitamarhi, Sheohar, Nalanda, Nawada and Patna.
It has also forecast heavy rainfall on Friday and Saturday in these districts.
"Thunderstorms with lightning and gusty winds (40-50 kmph) likely to occur at few places over Madhubani, Darbhanga, East Champaran, Gopalganj, West Champaran, Kishanganj, Araria, Supaul, Gaya, Sitamarhi, Sheohar, Nalanda, Nawada, Patna," the IMD said in a bulletin.
Water-logging was also reported on Thursday from several parts of Patna following heavy rain.
The state capital recorded an average of 42.6 mm rainfall till 5.30 pm.
Officials of the Patna Municipal Corporation (PMC) and district administration, however, claimed that rainwater was drained out in the shortest possible time despite the downpour.
