Monday, December 23, 2024

VCs bullish on AI startups in India despite a fall in funding

Indian AI startups saw a funding dip in 2024, but deal volume increased, with a focus on application-layer ventures. Investors are optimistic about this trend, particularly for applications targeting the US market, mirroring the enterprise software sector. While foundational models remain a US stronghold, India sees opportunities in infrastructure and applications, despite challenges in talent acquisition and rapidly evolving technology.

from Tech-Economic Times https://ift.tt/pdNRKPa

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