Ideas are taking centrestage in India’s booming startup ecosystem
The rush of the ordinary Raj and Rahul (and his mate from IIT) becoming entrepreneurs is surprising because getting a salaried job had always been considered a better option in India than the risky proposition of starting one’s own business. Padmaja Ruparel, founding partner of Indian Angel Network, recalled how her parents told her to look for a job when she started her business. “Today parents come to me saying ‘my son is doing a startup’,” she said. “When I tell them about the possibility of failure, they say, koi baat nahi, we will look for a job then!”