Moneycontrol Podcast 4466: Sachin Bansal’s UPI critique, Karnataka’s startup push & L&T tech CEO's ER&D bet | Moneycontrol Tech 3
Mar 7, 2025
Sachin Bansal criticizes major payment platforms for underestimating UPI's potential. Karnataka reveals an ambitious budget aimed at boosting its startup ecosystem. L&T's CEO highlights a strong focus on Engineering R&D, suggesting it might eclipse traditional IT services. Meanwhile, concerns arise from Nasscom regarding new data protection rules. The discussion is a vibrant blend of startup innovation and critiques in the tech landscape.
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Sachin Bansal on UPI
- Sachin Bansal criticized WhatsApp Pay and Amazon Pay for treating UPI as a secondary feature.
- He contrasted this with Navi's full commitment to UPI, highlighting their rise to the fourth largest player.
Karnataka's Startup Push
- Karnataka's 2025 budget prioritizes startups with significant funding allocations.
- These initiatives aim to boost innovation beyond Bengaluru and create new jobs.
ER&D's Rise
- Amit Chadha believes ER&D is poised for substantial growth, potentially surpassing IT.
- Factors driving this include automation, AI, and supply chain changes.