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Creative Trends

India's Generative AI Startup Landscape 2024

27 Nov 2024

Description

This podcast generated from Nasscom's 2024 report analyzes India's generative AI (GenAI) startup ecosystem, revealing a 3.6X growth in startups and over $758 million in cumulative funding. The report compares India's progress to global trends, noting a higher growth in startup count compared to funding. It also highlights key challenges facing Indian GenAI startups, such as lack of patient capital and skilled talent, and offers recommendations for fostering sustainable growth. The report categorizes startups by infrastructure, applications, and services, examining funding trends and revenue generation within each sector.

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