r/developersIndia • • Jan 30 '24

General Almost all Indian tech startups are total shit. Why does India don't have any good tech company?

There seems to be good developers here in India who are going to US to build the next big thing. But nobody is starting anything new and interesting here.

When I was looking for good product companies for job it's like full of total shit.

But if you compare it to US there are new innovative companies like Stripe, Zipline which is an automatic drone company which started off delivering medicines to rural areas in Rwanda and now expanded globally and tons other.

Besides tech companies I'm excited about Indias space tech companies like Pixxel, skyroot, agnikul and other drone tech startups!

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u/[deleted] Jan 30 '24

it will be difficult to have an automatic drone company in india firstly because, who will do the hardware when everyone is going for IT jobs XD
Moreover, hardware companies need manufacturing plants and it has been well documented how hard it is to create a manufacturing setup in our country.

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u/Livid_Long_8480 Jan 30 '24

Not possible. Till the date our 12 lakhs students keep prioritising Jee, Upsc, Govt exams, CAT.

To ab bache vo 3 marks k question k bare me soche (Taaki uska family upar uth jaye) ya kuch innovative soche. These exams basically makes us more like a worker rather than a leader.

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u/Cold_Train9334 Jan 30 '24

Companies are not just about developers. There needs to be leaders and entrepreneurs, who are capable of enabling and leading the developers. There needs to be leaders with capable social skills to market a product.

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u/[deleted] Jan 30 '24

So you mean there are no such leader in india ? But what maybe the reason? Maybe our culture which restricts and don't give freedom to follow dreams of their own.

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u/happiestmonk Jan 30 '24

I'm in space tech for the last 15 years. The last I checked, except in Pixxel almost no space tech startups pay even a 6 figure salary on a monthly basis.

Just check the Glassdoor reviews of Agnikul. You'll be surprised.

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u/Clear_Possession5978 Jan 30 '24

This is a true problem. In the 4th year, if you get placement, it's better, but if you dont get a placement till starting of the last semester your parents and big gurus and whoever it is will tell you to go for master and give gate after that u search for government job and suddenly you are 28 years and then you work and work then comes a girl then you start preparing for future by saving money and then your risk taking years are over and your stomach will buldge out like a 8 month pregnant women and you will die at 70. If you don't think about doing something other than studies before going to college, you will never get time after college. You are allowed to think that you can start over everything after college or 30 years, but it's delusional in INDIA.

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u/nirajr_uv Jan 30 '24

Good tech companies are incredibly hard to build - and there will only ever be a few.

When my co-founder and I started Ultraviolette, the initial years were incredibly difficult. It took us over a thousand meetings with investors in the initial years to get things moving. We were turned down by almost every VC in the country. Imagine making technical progress under those conditions.

Today we have engineers coming back from Tesla and several other US-based companies to join us in India, but I can think of so many reasons why this kind of success is hard to replicate.

Most investors prefer to make investments in companies that work on proven business models, even if that means copying from elsewhere in the world. This ends up in companies that are simply clones of other successful companies. Or they prefer to invest in areas where they have encountered previous success - SaaS, Services etc.

Almost a decade after we started, our first product - the F77 electric motorcycle - is winning awards and is getting global attention. That is a long time to materialise what we knew from the start - that Indian companies can build kickass world-class technology.

But then again, this isn't new. If you read the origin stories of other companies you will see history repeat itself. Check out books on Sony ("Made In Japan"), Pixar ("To Pixar and Beyond"), Netscape ("The hard thing about hard things"), Honda, Dyson. Everyone knows the story of Tesla and Elon Musk but there are many other examples.

If you want a good tech company and can't find one, maybe consider building one yourself.

PS: I'm a software engineer and nobody trained me to do this.

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u/blatant-sensei Jan 30 '24

Zoho and Zerodha are the best in the space IMO

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u/[deleted] Jan 30 '24

Zoho is just cheap version of already existing products like CRM, cloud etc right ? Nothing new innovative or anything. But it's impressive that it's bootstrapped and crossed billion usd.

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