I love this argument, there’s a lot of nuance to unwrap here. I see a lot of India startup cofounders who are really smart but fail to understand the challenges (often out of their control) that are in their way of making their businesses sustainable. Aside from the political, regulatory and socioeconomic challenges, India has a huge void to fill in terms of energy needs, manufactured goods, labor productivity and infrastructure before the economy becomes efficient enough to support high level services. The startup ecosystem, barring a few companies in logistics, is not focused on making any tangible improvements in productivity in the larger economy, for example, to start moving people away from agriculture.