STARTUP LEGAL19 Oct 2026
Anand Mahindra praises India's startups, singles out deeptech and hardware builders
Anand Mahindra, chairman of the Mahindra Group, posted on X on Monday that India's startup ecosystem is 'on steroids'. He named Ethereal Machines, Pranos Fusion Energy and Scimplify, and said what excites him is deeptech, not just software. For founders building hardware and chemicals, he said their work could let India skip entire stages of technological development.
Key Statutory Highlights
- Mahindra said the story is not only software but deeptech, manufacturing technology, hardcore hardware and chemical processes.
- Ethereal Machines has built its own 3- and 5-axis CNC machines since 2014 and was the first Indian company to win Best of Innovation at CES.
- Scimplify, based in Bengaluru, makes specialty chemicals and advanced materials and works with more than 500 manufacturing partners.
Actionable Advice for Taxpayers / Founders:No deadline or filing step here. Mahindra pointed readers to videos by journalist Ashlee Vance and the account Runtime, and to the book Lift-Off Nation by Rajan Anandan and Saurabh Srivastava.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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