NEW DELHI/BENGALURU: Retail czar Kishore Biyani sees a large majority of Indian startups as "sexy", but having no sense."Ninety percent of startups I have seen had no meaning at all," the Future Group chief executive said at a panel discussion at a New Delhi event on Wednesday. "They are nonsense."The comments drew strong reaction from the proponents of India’s entrepreneurial surge. Venture capital investor TV Mohandas Pai said these should be looked at in the context of the disruption that ecommerce has brought about in the retail sector."Biyani’s business is getting disrupted by ecommerce startups. First, they will rubbish it, then deny it, then accept it and then embrace it. Biyani is still behind the curve," Pai said.Biyani has been known for his strong views against the business models and legalities of foreign-funded ecommerce companies. Taking the example of cab aggregator startups like Ola and Uber , Biyani said these companies were not creating any new economy. According to him, the revenue of these companies in the next four-five years would be not more than Rs 3,500 crore.A majority of the startups lack long-term vision, have a simple goal and are created with the aim to sell themselves off to larger companies, Biyani said. "Most of the startups are funded by venture capitalists and private equity firms. Once they are created, large companies buy them out," he said. This approach does not work, he added.Biyani expects manufacturing to crate long-term job opportunities in India. "Startups will be too small to create the number of jobs that is required," he said.However, later on the sidelines of the same event, Biyani had some positive things to say about the startups."There is a huge scope of expansion of startups. They are very bright and talented people and they should think big," Biyani said. At the moment, the canvas on which they are working is not large enough, he said.Biyani, whose Future Group bought online home furnishing company Fab-Furnish for `20 crore earlier this year from German incubator Rocket Internet, said it is not viable to run ecommerce business today.The Future Group had last month indicated that the company was looking for a better business model for its omni-channel venture, Big Bazaar Direct, as the existing model was not viable.