I am increasingly concerned that the Indian startup ecosystem is experiencing a trust loss, exemplified by Flipkart’s recent turmoil. Since April 2026, more than ten senior SVP and C‑suite leaders—each with at least five years at the company—have departed, including the CPTO and CFO. The Cleartrip acquisition has turned into a ₹3.2 trillion net loss over five years after an initial ₹300 billion outlay. Core e‑commerce growth has stalled at roughly 15 % versus the earlier ~40 % pace and posted a ₹5,000 crore loss in FY26. Meanwhile, Flipkart is pouring ₹5,500 crore into quick‑commerce to catch up with rivals, reflecting a high‑stakes “war of attrition.” These data points signal deteriorating confidence among investors, talent, and partners in India’s leading tech firms.
I argued that the consumer mindset has been studied many times and used that insight to counter the claim that culture, market, or price is the main filter for consumer behavior.
I think Snabbit’s current model is too leaky compared to tier‑1 India firms and would need a hard pivot to become profitable. I can’t change my mind on this.
I am worried that India’s tech landscape is dominated by a single AI lab and monopolistic forces, leaving most firms to chase low‑quality government tenders.
India has only one AI lab working on frontier‑model development.
Protests are raging across the country over basic rights and lack of internet access.