When do startups seek regulation: Is it too early for India to have rules?

India's technology startups are now into the third phase of creative anarchy

The stories of new frontiers — how the East appeared to Europeans in the 1500s, and how California appeared to Americans in the late 1800s — are well-documented. The startup world in India appears to be the frontier for a new India. Every day we are told stories breathlessly — India has the third largest number of startups in the world, India’s entrepreneurial system is growing rapidly, foreign money from China, South Africa and America is betting on India, and, finally, that startups will create the much-needed jobs in India. Some believe in this narrative and others think this is