Some Key Highlights:
➿ Most GenAI Startups are in very early stages of funding.
➿ Just 2% of them have more than 300 employee size
➿ 51.4% of India’s Gen AI startups are based in Bengaluru, positioning the city as a leading hub for Gen AI startups in the country.
➿ Gen AI startups such as Krutrim AI, Sarvam AI, EMA, Neysa Networks, RagaAI Inc have all received substantial funding in 2024.
➿ In 2024, Krutrim AI raised USD 50 million in funding, highest in this space
➿ 54.0% of AI startups obtained funding in their seed round.
➿ Top investors in GenAI Startups in India are Lightspeed, Peak XV Partners, Nexus Venture Partners, pi Ventures, Sequoia Capital, Khosla Ventures, NVIDIA, Google for Startups, Y Combinator, Inflection Point Ventures
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This post was originally shared by Bhasker Gupta on Linkedin.