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SamCtrlPlusAltMan
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OpenAI • 1y

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

Havish Gupta

Figuring Out • 1y

The difference between ai startup funding in usa vs india is massive. $16 Billion vs just $113 Million

SamCtrlPlusAltMan
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OpenAI • 1y

Tells you a lot about the ecosystem and how immature it is in India

Havish Gupta

Figuring Out • 1y

And also how much scope is left in India's startup ecosystem 💪🏻

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Why there hasn’t been any startup related to IT Services similar to the likes of Infosys, Wipro, etc. ? Is there no scope left in there ?

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