Indian Startups Should Aim To Build Mega Unicorns: Jayant Sinha

Indian Startups Should Aim To Build Mega Unicorns: Jayant Sinha

SUMMARY

The Minister Of Civil Aviation Advised Startups To Cater To First Time Internet Users

Startups must not think about building unicorns and must, instead, aim to build companies that can attain a value of $100 Bn, said Jayant Sinha, Minister of State for Civil Aviation during the inaugural keynote session at an event in Delhi.

“The Indian startups need to work on solving India’s design point, and India’s design point is 80% of the functionality at 20% of the price. The Indian mass market is not the market of Times Square at New York or Union Square at San Francisco,” said Jayant Sinha, who worked as an investment fund manager prior to joining politics.

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