14/01/2026
At the launch of ’s The Ground Breaker, , a member of TiE Mumbai, brought his copy of The Maverick Effect for me to sign. Kanwal and I ended up holding each other’s books, an unplanned moment, but a meaningful one.
Kanwal and I have shared many such conversations over the years. In the 1990s, he would often tease me that India was getting paid for its sweat, not its grey matter. His provocation was that India needed to build innovation-driven, IP-led entrepreneurship, not just execute work designed elsewhere. I would reply, “Aap yahan aakar dhanda karogey toh maloom padega, kitna mushkil hai to build an IP driven monetization model!”
And that was the truth. Building such businesses in India meant navigating fragile capital markets, weak IP enforcement, limited risk appetite, and the absence of trusted local ecosystems.
But during the dot-com boom, it became clear that something was missing. That realization was a catalyst that prompted me to bring TiE to India in 1999, an organisation dedicated to fostering entrepreneurship through mentoring, networking, education, incubation, and funding. Today, TiE’s India community spans about 25+ chapters, connecting founders, mentors, and ecosystems across regions.
That kind of long-term ecosystem building matters even more now. India needs millions of entrepreneurs over the next decade to create livelihoods at scale, from founders building new-age industries to micro-entrepreneurs and intrapreneurs within companies. Real job creation will come from many forms of entrepreneurship working together.
But unleashing this potential isn’t a walk in the park. It requires us to overcome India’s deep structural challenges such as access to capital, regulatory friction, trust deficits, and weak local support systems, and to build robust, trusted ecosystems on the ground.
While nasscom continues to strengthen the technology ecosystem across services, startups, and institutions, the larger challenge before institutions like nasscom and TiE Global is making entrepreneurship aspirational, accessible, and sustainable across India by fixing the structures around it, not just celebrating the outcomes.