India’s Generative AI Startup Landscape Report, 2023

India’s Generative AI Startup Landscape Report, 2023

Generative AI (GenAI) in India is on track for exponential growth, with projections estimating a market value of over $17…

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India’s Generative AI Startup Landscape Report, 2023

Quoted & Trusted By

the economist
business insider
cb insights
the huffington post
the economic times
live mint
the times of india

Key Highlights


Native GenAI Startups In India

$440 Mn+

Raised By Native GenAI Startups Since 2019

1 In Every 3

Indian GenAI Startup Is Working In Code & Data Segment


GenAI Products From India Have Sector-Agnostic (Horizontal) Use Cases


Is Home To The Highest Number Of GenAI Startups In India


Indian Institutional Investors Have Backed GenAI Startups

Table Of Contents

  • India’s Digital Economy
  • India’s Startup Economy
  • Artificial Intelligence: At The Centre Stage Of World’s Fifth Industrial Revolution
  • What Is Generative AI
  • Artificial Innovation Lifecycle
  • Generative AI: Indian Startup Landscape
  • Generative AI Startup Ecosystem India
  • List of 30 Active Generative AI Startups In India
  • Generative AI Market Opportunity: India & The World
  • Generative AI Applications In India
  • Key Challenges & Growth Drives In India


The intersection of innovation, entrepreneurship, and technology is vividly exemplified by India's burgeoning GenAI industry. Our study provides an in-depth look into this evolving arena, shedding light on current trends, potential hurdles, and the diverse applications of GenAI within the country. With a roster of more than 70 homegrown GenAI startups, India is carving a niche for itself in this specialized field. A noteworthy one-third of these startups are concentrating on the code and data sectors. Bengaluru serves as the heartbeat of this movement, hosting an impressive 44% of all GenAI startups based in India.

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