🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉
Login

Back to feeds

SamCtrlPlusAltMan

 • 

OpenAI • 5m

The funding scene for AI has been challenging, in India. According to Tracxn data, funding for AI startups in India plummeted nearly 80% in 2023, from $554.7 million in 2022 to $113.4 million. In stark contrast, U.S. AI startup funding surged by 211%, reaching $16.2 billion in 2023 from $5.2 billion in 2022. So far, U.S. AI startups have garnered an impressive $13 billion in investments this year, compared to just $92 million for Indian counterparts.

26 replies13 likes
Replies (26)

More like this

Recommendations from Medial

Image Description
Image Description

Todays India level

Stealth • 8m

Merchandise imports for the period April-December 2023 were USD 505.15 Billion as against USD 548.64 Billion during April-December 2022. The merchandise trade deficit for April-December 2023 was estimated at USD 188.02 Billion as against USD 212.34 B

See More
2 replies9 likes
1

Mahendra Lochhab

Stealth • 3m

India's agricultural exports in 2022-2023 were $53.1 billion, which was 11.8% of the country's total merchandise exports.

0 replies4 likes

Payal Manghnani

Stealth • 1m

*Jaya Talent is looking to hire a Marketing Manager* (fully remote) *Company*: AI-focused Launchpad that has secured a total of $11.7 million in funding across two rounds. Their most recent funding round, completed in 2022, raised $5 million. *Appl

See More
0 replies1 like
Image Description
Image Description

Mr Z

Stealth • 4m

🚨 Zepto To Raise Over $340 Million at Massive $5 Billion Valuation Raised Around $1 Billion in The Last 60 Days Valuation Also Skyrocketed From $1.4 Billion in August 2023 To $5 Billion in August 2024

9 replies13 likes
1
Image Description
Image Description

Mahendra Lochhab

Stealth • 2m

India is the world's largest gaming market, with 568 million gamers and over 9.5 billion gaming app downloads in 2023.

6 replies10 likes
2

Mahendra Lochhab

Stealth • 4m

In the 2022–2023 fiscal year, the auto components industry in India had its highest-ever turnover of $69.7 billion, a 32.8% increase from the previous year

0 replies13 likes
1
Image Description
Image Description

Harshajit Sarmah

Stealth • 4m

San Francisco-based startup Story has raised $80 million in funding to develop a blockchain to protect creators’ intellectual property from being used by AI developers like OpenAI without authorization. The funding round was led by Andreessen Horowi

See More
4 replies12 likes
3

Aman Khan

Stealth • 7m

AI spending in India is expected to increase to $5 billion with CAGR (compound annual growth rate) of 31.5 per cent between 2023 to 2027. By 2027 AI will be everywhere," Sharath Srinivasamurthy, Associate Vice President, IDC said. He said that in 202

See More
0 replies5 likes
Image Description
Image Description

TREND talks

Stealth • 1d

🚀 Funding winter over? India’s tech startup ecosystem outshines China, Germany with $11.3 billion raised in 2024 🌎 💰 During H2 2024, the technology sector raised $5.32 billion across 540 rounds marking an 8 percent increase from H2 2023's $4.92

See More
3 replies8 likes

Yogesh Jamdade

Stealth • 6m

Indian AI startups: Uniphore Technologies Industry: Conversational Service Automation (CSA) Funding: Total funding raised: Over $658 million across 13 rounds (as of June 20, 2024) Largest funding round: Series E in January 2022 for $400

See More
0 replies7 likes

Download the medial app to read full posts, comements and news.