New Delhi, April 5 -- A semiconductor startup founder's rant on Reddit is going viral after Union Commerce Minister Piyush Goyal's criticism of the Indian startup ecosystem created an uproar among India Inc leaders. In a brutal comeback to Goyal's rant that 'no one is doing semiconductors in India', the startup founder wrote a long point-by-point response to the union minister, explaining how the government has startups in India due to lengthy technical difficulties and a massive tax pile.

The semiconductor startup founder's response on Reddit was retweeted by Mohandas Pai, a leading chartered accountant, Padma Shri awardee, and chairperson of the private equity fund Aarin Capital. Pai is the former chief financial officer (CFO) and boar...