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Set2Score • 15h
𝗧𝗵𝗲 𝗘𝗧 𝗦𝗼𝗼𝗻𝗶𝗰𝗼𝗿𝗻𝘀 𝗦𝘂𝗺𝗺𝗶𝘁 2025 is taking place in Bengaluru, aiming to support the next wave of AI-driven soonicorns (startups valued under $1 billion but with high growth potential). A major highlight of the summit is the unveiling of a strategic blueprint to help Indian AI startups scale up to unicorn status. The blueprint focuses on practical steps to accelerate AI startup growth, including funding access, mentorship, ecosystem integration, and global scalability. There is a push toward developing indigenous Large Language Models (LLMs) to reduce dependence on foreign AI technologies. Ethical AI development is a key component of discussions, stressing responsible innovation in sectors like finance, education, and healthcare. Prominent venture capitalists, founders, policy experts, and corporate leaders are participating in the event. Discussions also address regulatory clarity, public–private partnerships, and how India can position itself as a global AI hub. The summit showcases soonicorns from various sectors such as generative AI, climate tech, agritech, and fintech. The event is backed by Tracxn, a global startup intelligence platform, to spotlight startup trends and identify high-potential companies. India currently has 121 unicorns and is ranked 3rd globally; the summit is geared toward ensuring more AI-focused startups join this list. The overall goal is to create a pipeline of scalable, export-ready AI products and solutions from India. Panel sessions include topics like AI in governance, explainable AI, and the balance between innovation and regulation. Follow vishakha Jangir for more such insights.
Hey I am on Medial • 1y
• Uttar Pradesh government wants to help agri startups and use AI in farming. • isn't it great to integrate AI in traditional farming 🤩? • They will hold a global farmers' summit called 'Krishi Bharat' in November 2024 with the Confederation of In
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The Indian startup ecosystem is thriving with 117 unicorns and 118 soonicorns as of 2023. Unicorns have raised over $101 billion in funding with a combined valuation of $353 billion, while soonicorns have raised $18 billion with a $35 billion valuati
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