Bullshit! This is sheer whataboutery.
The five layers of infra start with energy and chips. There is no agent inference chip being designed in India except
@phynomy_chips, which is working its ass off to ensure the chip gets taped out over next 18 months in one of the three global foundries: ASML, TSMC, and Skywater.
So the sovereignty narrative is not going to help your case. People like you exploited young amateurs and made them slog to fill your coffers. That’s the truth. Period.
Today, whatever investment Indian VCs including you make in startups is based on your limited understanding of what it takes to succeed as an application layer business. Name one moonshot idea that you collectively invested in over the last decade.
You folks start shitting your pants when someone brings a thesis based on first principles. “What’s the revenue you’re making?” That’s where your whole argument ends.
Frontier success requires years of open-ended, thesis-backed research with a belief that it’ll converge in future. India doesn’t have an ecosystem of investors specifically funding physical sciences-driven ventures, barring a few exceptions.
All the successful startups in emerging tech are mostly backed by institutions like IIT Madras ARTPark, or visionary investors who themselves have been operators with an eye for innovation and market dynamics.
None of you “successful” ones have the balls to back frontier research as a thesis.
So please spare this futile attempt to salvage your credibility.
Please understand the 5 layers of AI and where we should invest. You are a rational sensible person. The speed of change, the huge investments of the US are unparalleled and we need a proper response