Kris Gopalakrishnan highlights the potential for domestic startups to utilize India's DPIs (Deep Tech Innovation Hubs) as a pathway to expanding their businesses.

India’s DPI offers a level playing field where infrastructure is publicly accessible and participation is open to all, without any single entity holding ownership, emphasized former Infosys co-founder Kris Gopalakrishnan. He contrasted this with Western models where a few entities control the entire digital ecosystem, including apps, data, and services. Gopalakrishnan highlighted India's leadership in digital innovation, citing examples like UPI, which has revolutionized payments infrastructure.

Speaking at the ongoing 'Startup Mahakumbh' in New Delhi, Gopalakrishnan underscored the transformative potential of India's unique approach to digitization. He praised the collaborative effort between the government, volunteers, and entrepreneurs in building the digital infrastructure, creating an environment where everyone can participate equally.

Gopalakrishnan also discussed the potential of leveraging India's DPI for initiatives like the digital lending framework through OCEN, which could streamline lending processes and facilitate credit access for MSMEs at reduced costs. He predicted that, following the success of UPI and ONDC, India would witness the development of a health stack, benefiting healthcare and insurance sectors.

Highlighting UPI's impact on financial inclusion during the event's second day, Gopalakrishnan emphasized its role in placing India at the forefront of digital innovation. He discussed RBI's sandbox initiative and its potential to expedite credit card issuance and facilitate seamless lending, especially for MSMEs.

Additionally, the event included sessions organized by the Ministry of Electronics and Information Technology (MeitY) Startup Hub (MSH) aimed at providing guidance for early-stage startup founders seeking capital.