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'It's easy to criticise consumer internet startups in India...we created 1.5 lakh jobs—isn't that innovation': Zepto CEO on Goyal's remark

  • VC-funded quick commerce unicorn Zepto CEO Aadit Palicha defends India's consumer internet startups.
  • Palicha argues that consumer-facing internet businesses lay the groundwork for large-scale innovation.
  • Palicha emphasizes the need for homegrown tech startups that generate substantial free cash flow and reinvest in cutting-edge research.
  • Former Infosys CFO Mohandas Pai criticizes Piyush Goyal's remarks and highlights challenges faced by startups in India.

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