To conclude, Piyush Goyal is both right as well as wrong. He is right in pointing out that much of India ’s startup ecosystem today revolves around services that sit atop pre-existing systems. They are funded by venture capital and thus chase scale over substance. India 's Commerce Minister Piyush Goyal ' s recent comments about the country's start - up ecosystem have sparked a massive debate on social media and evoked strong reactions from some... Indian startups need to focus on tech, not grocery delivery and ice creams: Piyush Goyal Piyush Goyal , at Startup Mahakumbh 2025, said that luxury consumer brands created by the children of ... Union Commerce Minister Piyush Goyal inaugurated the second edition of Startup Mahakumbh 2025 in New Delhi today, emphasising India ’s rising global prominence and urging private-sector collaboration to fuel growth. The commerce minister asked the investor community to rope in the private companies in a big way.
