The Silicon Valley Rules do not apply in Chandi Choc “: Sorb Mukherjia explains why the United States is not in India

In Silicon Valley, Mint Millionaires options overnight. In Chandni ChowK, staying on family bonds, borrowed capital, and prayer. Entrepreneurs in India not only building companies – they rewrite the rules of risk, reward and flexibility in a world that the American play book does not simply apply.

Saurabh Mukherjea of ​​Marcellus Investment managers clearly puts it on LinkedIn: Indian entrepreneurship is a different monster. “The individual entered into America 20 times higher, and its social structure is completely different,” he writes, noting that in India, the family and society are not just cultural contact points – it is the basis of most companies.

In the United States, technology workers expect property rights. In India, most of them do not even know what Esops are. “While ESOPS is common in America,” Mukherjia notes, “The majority of companies numbering 1.4 million companies registered to pay corporate tax in India do not use it.” Rewards – directly associated with profits – are the most typical form of reward. It is a reflection of the deeper facts: low liquidity, high borrowing costs, and deep personal work spirit.

The cost of capital in India routinely exceeds 12 %, compared to about 6 % in the United States, making large bets rare. “The appetite for the risk and the size of the bet of the Indian businessman is much lower than his American counterpart,” However, since the launch of business in India is cheaper and societies gather around small projects, entrepreneurship flourishes – completely with a different rhythm.

Marcelus dissect this difference in depth. While the United States has registered 30 times from new companies since 2012, India has continued to grow – despite the weakest infrastructure, weakest, fragmented regulations and unexpected financing.

Instead of Blitzscaling, the Indian founders build. The report puts the “Ten Commandments” specifically designed for the chaos of India: bearing smart risks, embrace failure, building confidence, long -term thinking, and investing in people on the floors of the stadium.

In India, it is not a matter of initial subscription subscriptions or manual assessments. It comes to survival, staying sharp, and betting on your own share – still family capital, not investment capital, is the preferred start starting box.