India on the Rise

Hope springs from a Letdown

On January 24, 2023, short seller Hindenburg Research dropped an explosive report on India’s richest man, Gautam Adani.

His business empire lost $132 billion in market value as it was accused of shell games, stock manipulation, and fraud.

Headline readers will move on to the next dopamine hit, Adani will hire a crisis PR team, and elitists will handwave that India lacks the legitimacy & institutions to enter the highest tiers of the global economy.

At the Daily Entrepreneur, we will avoid falling for any of those narratives.

Instead, we’ll point to the increasing relevance of India in geopolitics, the exceptionally strong culture of engineering, and the evolving culture that has more tolerance for dynamism and failure.

We’ll also point to a collection of talented Indians who build businesses the right way:

Azim Premji, known as the "czar" of the Indian IT industry and sometimes called the Indian Bill Gates.

Aarthi Ramamurthy, founder of Lumoid, a try-before-you-buy rental service for consumer electronics and photography equipment startup and rising podcast star.

Big Tech CEOs like Satya Nadella of Microsoft, Shantanu Narayen of Adobe, and Sundar Pichai of Google (Alphabet).

We broke all of this down in more detail in a long-form video, it’s gotten a great response so far.

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