<ul><li>Consumer internet startups play a vital role in driving innovation and wealth creation, say startup founders in response to Union Minister Piyush Goyal's criticism on the startup ecosystem in the country.</li><li>Many technology innovations have originated from consumer internet startups, according to Zepto Co-founder and CEO Aadit Palicha.</li><li>The startup community emphasizes the importance of consumer tech companies and building strong local champions in the internet space.</li><li>Stakeholders in the startup ecosystem call for government support in accelerating deeptech innovation and addressing specific challenges and frictions faced by deeptech entrepreneurship.</li></ul>

Consumer tech drives innovation too: Founders push back on Goyal's remarks

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