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Why Indian Deep Tech Startups Plummet Into The Valley Of Death

India’s AI startup ecosystem has grown significantly. Given the high impact of machine learning technology, startups working in deep learning and ML have attracted the biggest funding. According to a NASSCOM Research report, AI funding in India has gone up from $44 million to $73 million in a year. The report cites that investors are bullish to back “mature” ventures. The country has significantly stepped up in the AI market with a funding of $73 million and more than 50 percent of the companies say that they are working on advanced analytics and computer vision-based AI technologies, among others. Some of the driving forces behind their rapid adoption are tech incubators, accelerators and Government initiatives. Even then, 2017 saw some promising ML startups shutting down. One of t
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Richa Bhatia
Richa Bhatia is a seasoned journalist with six-years experience in reportage and news coverage and has had stints at Times of India and The Indian Express. She is an avid reader, mum to a feisty two-year-old and loves writing about the next-gen technology that is shaping our world.
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