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Entrepreneurial Lessons
Indian entrepreneurs should not try to conquer the whole world because they have cracked a cost-efficiency-based business model for Indian customers which is different from the way the rest of the world thinks, according to Hotmail founder and investor Sabeer Bhatia. Bhatia was in the city for the launch of a free online Artificial Intelligence (AI) and inquiry-based course in entrepreneurship on his short-form app Show Reel, in collaboration with Jamia Millia Islamia. "It all comes down to learning how to walk before you can run. Simply saiddon't try to conquer the whole world because you've conquered India the way people in India think is different from the way the rest of the world thinks," Bhatia told PTI on the sidelines of the collaboration announcement. Bhatia said Indian startups have a cost efficiency economics while US startups are focused on what saves them time. He stood by his former statement that Indian startups are copying western business models. "A lot of the ...