- Published on August 22, 2024
- In Deep Tech
India will Have 100 AI Unicorns in the Next Decade
With $20 billion dry powder, India’s AI startup ecosystem is definitely foreseeing unicorns.
Image by Nikhil Kumar
- By Mohit Pandey
India’s AI ecosystem is on fire. This year alone, all our feeds were filled with announcements from AI startups raising funds or launching innovative products and solutions. Surprisingly, the number of AI unicorns in India is still just one – Krutrim.
Can that change? Rahul Agarwalla, managing partner at SenseAI Ventures, definitely believes so.
In a recent podcast, Agarwalla said that he is witnessing major growth in India’s AI ecosystem. “Over the past six months, we have seen over 500 AI startups. That's a phenomenal amount of innovation that is going on in the country,” he said, adding that this gives him the belief that India will give birth to around 100 AI unicorns in the next decade.
The message sounds motivating, but should be taken with a grain of scept
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Mohit Pandey
Mohit writes about AI in simple, explainable, and often funny words. He's especially passionate about chatting with those building AI for Bharat, with the occasional detour into AGI.
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