Capability Without Ownership: Who Should Fund India's First Risky Bets?
Kudva's October 2026 editorial uses Tracxn, GitHub and NASSCOM data to argue that India needs deeper pools of disciplined early-stage risk capital so its developers create and own products and IP. Former Crisil head Roopa Kudva warned that a 37% drop in seed funding threatens India's ability to create technology products, despite having 21.9 million developers. For UPSC aspirants, this highlights the critical gap between…