India, May 16 -- Countering the popular narrative that India is a low-trust society, a Bengaluru-based startup founder recently shared a heartwarming post about the immense institutional and community backing that fueled his entrepreneurial journey. Reflecting on his early days, the CEO detailed how his college professor handed him a Rs.5 lakh grant just to quit his job and launch out, while seniors later backed him with Rs.4 crore of their personal capital.

"I belong to a start-up community where my professor gave me a grant of INR 5L so that I quit my job and start up," Bengaluru CEO Siddharth Dialani, who graduated from IIT Madras, wrote.

The founder continued, "My college seniors invested INR 4Cr of their personal money in my start-...