{"id":919833,"date":"2025-04-05T11:33:46","date_gmt":"2025-04-05T06:03:46","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=919833"},"modified":"2025-04-05T11:33:46","modified_gmt":"2025-04-05T06:03:46","slug":"tech-entrepreneurs-hit-back-at-goyals-remark-on-startups","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/04\/05\/tech-entrepreneurs-hit-back-at-goyals-remark-on-startups\/","title":{"rendered":"Tech entrepreneurs hit back at Goyal&#8217;s remark on startups"},"content":{"rendered":"<p>In response to Union commerce minister Piyush Goyal&#8217;s jibe about Indian startups focusing on food delivery and quick commerce instead of deep-tech innovation, and drawing comparisons with China&#8217;s progress, Zepto&#8217;s co-founder and CEO Aadit Palicha offered a strong rebuttal. He staunchly defended the quick commerce sector, citing Zepto&#8217;s impact &#8211; creating 1.5 lakh jobs, paying over Rs 1,000 crore in taxes, and drawing more than $1 billion in FDI.<\/p>\n<p>&#8220;It is easy to criticise consumer internet startups in India, especially when you compare them to the deep technical excellence being built in the US\/China,&#8221; Palicha wrote on X.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In response to Union commerce minister Piyush Goyal&#8217;s jibe about Indian startups focusing on food delivery and quick commerce instead of deep-tech innovation, and drawing comparisons with China&#8217;s progress, Zepto&#8217;s co-founder and CEO Aadit Palicha offered a strong rebuttal. He staunchly defended the quick commerce sector, citing Zepto&#8217;s impact &#8211; creating 1.5 lakh jobs, paying over Rs 1,000 crore in taxes, and drawing more than $1 billion in FDI. &#8220;It is easy to criticise consumer internet startups in India, especially when you compare them to the deep technical excellence being built in the US\/China,&#8221; Palicha wrote on X.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-919833","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/919833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=919833"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/919833\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=919833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=919833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=919833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}