Sunday, 12 January, 2025

Venture Capitalists Target Indian AI Startups Amid Funding Decline

Despite a 26% drop in funding to $747 million for Indian AI startups in 2024, venture capitalists are increasingly focusing on application-layer AI ventures. The number of deals rose from 78 in 2023 to 121 in 2024, indicating sustained investor interest. Many of these startups are developing solutions for the U.S. market, mirroring trends in the enterprise software sector.