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OpenAI • 3m
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
Stealth • 3m
The difference between ai startup funding in usa vs india is massive. $16 Billion vs just $113 Million
I guess it is because Indian investors don't understand the impact of AI and the business it will bring. Have talked to few investors and they don't understand "a" of AI. They need a few success stories so they can invest in their copycats.
They understand that. Only thing is that none of Us (as customers) will like using indian Ai apps tbh
Could you share why? What could go wrong?
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