Mohandas Pai flags lack of domestic capital for Indian startups, calls for policy overhaul

Indian startups are being held back by a lack of adequate domestic investment due to restrictive regulations of the government, according to industry veteran and Aarin Capital chairman Mohandas Pai, who called for policy reforms and R&D investments to strengthen the ecosystem.

Despite India being the world’s third-largest startup hub, Pai cautioned that the country risks falling behind in global innovation unless these challenges are addressed.