India vs China Startup Ecosystem what is important to start startups know senior Founder advice
#startupmahakumbh2025 #startupmahakumbh #startup #startupindia #piyushgoyal #pmmodi #indiavschina #chinastartup
~ED.148~HT.336~GR.125~
#startupmahakumbh2025 #startupmahakumbh #startup #startupindia #piyushgoyal #pmmodi #indiavschina #chinastartup
~ED.148~HT.336~GR.125~
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00:00Hello, my name is Diggvijay Singh and you are on Good Returns.
00:09I am now in Startup Mahakoum 2025 where there are more than 3,000 startups.
00:16There are more than 50,000 people who have come to understand the ecosystem and participate.
00:23There are a lot of business partners in the world.
00:26We have a lot of business partners, especially in AI and Google Workspace.
00:33Sir is the founder of the web advisor.
00:38They are working on AI for the field of AI.
00:41Sir is working on the work space and management for clients.
00:46What I want to do and understand is the topic of China versus India's startup ecosystem.
00:55The reality check is a big viral post and infographic.
01:00Where is India's startup focus?
01:02And where is China?
01:04So the online debate started.
01:08It is saying that India's focus is food delivery, fancy ice cream, cookies, instant groceries.
01:14And China's focus is futuristic.
01:16AI battery tech and semi-connector AI segment.
01:21Where is India lagging?
01:23First of all, is it true?
01:26Is it true?
01:27Is it true in China?
01:29But see, I want to say this.
01:31We are not back.
01:32But still, it is a little bit of attitude to adapt.
01:35It is a little slow.
01:37But otherwise, the government of India definitely is now putting a step ahead.
01:42It is doing it.
01:43But now there is a little bit of misbalance in terms of the future.
01:48If you will see in the future, China will be a little bit more than 100 years.
01:53So I think we are ready to gear up.
01:55Indian start-up ecosystem is normally basic needs.
02:02It is focused on basic needs.
02:05It is easy to do instant delivery.
02:08And AI is less.
02:10Because I see that AI has a lot of stall and ports.
02:14But they don't get push or the adoption is less.
02:18It is a problem.
02:20I don't think so.
02:21But what is happening now?
02:22So we are gearing up.
02:23But the only thing is that the speed is a little bit lower.
02:26Okay.
02:27Otherwise, I think we are...
02:28So why is the speed is a little bit lower?
02:30What do you think?
02:31Support.
02:32I think, you know, if you know China, you know.
02:34So if you look at manufacturing,
02:36there is a government with a lot of support.
02:38It is beyond our imagination.
02:41It is definitely much ahead of any other country.
02:44So we should get the support.
02:46That is something that is missing.
02:48Okay.
02:49Government care and all that.
02:51And the clients and users are saying,
02:54what are they doing?
02:55Because you are in the field.
02:56So what is their pricing that comes in?
03:00What do you do in India is that it is more free.
03:03So if anything else comes in,
03:06we want free.
03:07So we don't want to pay for quality.
03:09So if we shift a little,
03:11let's pay for quality service and product.
03:14So we definitely take access.
03:17This debate is not the same, but we are lacking in India.
03:25Now, if I talk about AI, which is the normal lifestyle, which is the normal life of people,
03:32how much growth you are seeing, how much utilization is in AI?
03:37I will give you an example. When the AI tool of Google Workspace is integrated,
03:45many of our customers start to start themselves.
03:48Now, the commander has an email.
03:50So, AI will immediately ask you to summarize this email.
03:53So, you don't need to summarize it automatically and use the real part.
03:58If you have 10-15 emails, you don't have the time to go through all this.
04:02So, it will summarize all this and use the right points.
04:05And it will auto-compose.
04:07If you reply to the 2-3 lines, it will compose all this.
04:11If you have a lot of time, I think it will start.
04:15So, the pricing has also increased.
04:18But no one is complaining.
04:20The AI is integrated.
04:22So, the value is showing you.
04:24One big question is that,
04:27normally, the start-up, the star, which we see,
04:31is promoting a company.
04:33There is a marketing stunt.
04:35There is a marketing strategy.
04:36There is a marketing strategy.
04:37There is a celebrity.
04:38Why do you think that?
04:39Like the start-up,
04:40there is no cost cost.
04:42There is a lot of cost.
04:43This is a great strategy.
04:45What is AI in the world of AI?
04:48Now, if you have talked about start-up,
04:50it is a lot of cost.
04:51Because we had a start-up.
04:52Yes.
04:53So, what will happen now?
04:54Everybody is interested to start a start-up.
04:57And so, the start-up is going to be a lot of cost.
05:00One or two years,
05:01one or two,
05:03the team is going to be a lot of cost.
05:04But,
05:05the reason why,
05:06it is not a long-term vision.
05:08So, they just wanted to start up,
05:11make some investment,
05:12take some investment,
05:13but that doesn't work at this.
05:15Many of them closed down.
05:17Less than two years.
05:18So, I have a question now.
05:20Normally,
05:21when we do 9 to 5 jobs,
05:23we think that
05:24we have to do something.
05:26So, we define the start-up.
05:27It is going to be a start-up.
05:28It is going to be a start-up.
05:29When the start-ups are coming in our mind,
05:31what should we take to start-ups?
05:33What should we take to start-ups?
05:35What should we take to start-ups?
05:37What should we take to start-ups?
05:39Consistency is the success.
05:41Keep success.
05:43You should be consistent.
05:44You don't expect miracles to happen
05:46in one year.
05:47It will not happen.
05:48It will definitely not happen.
05:49Okay.
05:50So, you should be consistent.
05:51Very clear about your concept.
05:53And then,
05:54you should solve your problem.
05:55What will happen?
05:56That's what I do.
05:57Today, it will not happen.
05:58So, you should make a start-up,
05:59and try to get some investment,
06:01and try to save.
06:02It will not happen.
06:03Try to solve your problem.
06:04You should solve your problem.
06:05You should solve your problem,
06:06and you will sustain it.
06:08One more thing.
06:09The last thing is,
06:10because,
06:11in a time of the time,
06:13that when they were in that job,
06:15they said,
06:16start-up.
06:17Like we are in that job,
06:19we have to start-up.
06:20Start-up.
06:21In both,
06:22in the time of the time,
06:23because you have experience,
06:24and you have experience,
06:25and the time of the time,
06:26the word,
06:27the word,
06:28and the ideation,
06:29and the start-up.
06:30What difference is it?
06:31The difference is the same.
06:32The word is the same.
06:33You should have clarity.
06:34You should have absolute clarity of what you are doing.
06:39And then,
06:40you should also do the basic groundwork of your finances.
06:43So,
06:44I will give you an example of Dunzo.
06:46You all know Dunzo.
06:47You all know Dunzo.
06:48So,
06:49it just vanished just like that.
06:50So,
06:51one fine day,
06:52I was trying to book a Dunzo,
06:53and the CEO vanished,
06:54and he went and joined a different company,
06:56and the app doesn't work today.
06:57So,
06:58where did things go wrong?
06:59So,
07:00they've overspent on ads,
07:01and other things,
07:02without realizing,
07:03you know,
07:04that basically,
07:05if you look at the Indian real business scenario,
07:08have you seen any business scenario,
07:10closing down business?
07:12They're doing for the last 20-30 years.
07:13What's going on?
07:14So,
07:15they're very clear on their finance.
07:16You should be
07:17cashed it.
07:18And you must have cash flow.
07:19See,
07:20that's very, very important.
07:21I mean,
07:22what's happening in the startup?
07:23They're getting carried away.
07:24What's happening in the startup?
07:25They're getting carried away.
07:26What's happening in that?
07:27That's not the management of cash flow.
07:28So,
07:29you're only trying.
07:30If it's like this,
07:31so,
07:32if an investment is coming,
07:33then,
07:34let's go.
07:35That's where everything is going missing.
07:37Thank you, sir.
07:38Thank you very much.
07:39You all started participating.
07:41And I finally just thought,
07:42Mr.
07:44Mr.
07:45Mr.
07:47Mr.
07:48Mr.
07:49Mr.
07:50Mr.
07:51Mr.
07:52Yes,
07:53I think
07:54I can take it.
07:55Thank you, Mr.
07:56Mr.
07:57Mr.
07:58Mr.
07:59Mr.
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