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Software 3.0. Code that evolves, algorithms that think.

Many critics and casual observers have been vocal about their concerns regarding the Indian tech ecosystem and recent IPOs. Currently, tech excluding ITES forms a very small portion of our $4 trillion stock market. While some of the criticism is valid, having a myopic view of the future of new-age tech companies and their contribution to a developed India overlooks the fact that if India is to become a developed economy by 2047, tech will be one of the biggest contributors. This is akin to missing the forest for the trees. Despite a few lackluster IPOs, the future of tech is bright, and this sector will be the shining star that lifts the nation and brings us closer to our goal of a $30 trillion economy. In this blog, Utkarsh Pande analyzes the dilemma of the IPO question for Indian startups and attempts to answer it. While the tech sector currently holds a small market share, its broader contributions to the national ecosystem, especially in areas like AI and skill development, underscore its critical importance. By understanding these nuances, we can better appreciate the sector's true value and its role in shaping a prosperous future for India. https://lnkd.in/d9sQMasQ

The uncomfortable IPO question for Indian startups. Is there a silver lining.

The uncomfortable IPO question for Indian startups. Is there a silver lining.

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