90% of startups are nonsense: Kishore Biyani
Future Group Founder and CEO Kishore Biyani on Wednesday said, "I think 90% of the startups have no meaning at all, they are nonsense." He added, "They are just building startups to sell them, there is no long-term goal." Biyani also criticised the business of taxi-aggregation and said, "They are not creating a new economy any which way."