The Rise Of India’s GenAI Brigade, Report 2024
About the report
India’s startup ecosystem now boasts of 200+ GenAI startups, with a strong focus on enterprise solutions. Our analysis reveals that 70% of these GenAI ventures are B2B-focused, highlighting a clear preference for the enterprise market. In a survey of VCs active in the Indian startup ecosystem, 84% expressed a strong preference for industry-specific GenAI solutions over general-purpose applications. This report delivers an indepth analysis of these trends, equipping stakeholders with essential insights for strategic decision-making in India’s dynamic GenAI landscape.
India’s startup ecosystem now boasts of 200+ GenAI startups, with a strong focus on enterprise solutions. Our analysis reveals that 70% of these GenAI ventures are B2B-focused, highlighting a clear pr...
$17 Bn+
Market Opportunity By 2030
$1.2 Bn+
Total Funding Raised Since 2020
70%
GenAI Startups Are Only Offering Solutions For Enterprises
360+
Total Number Investors Actively Backing Native GenAI Startups
200+
GenAI Startups In India
84%
Of Indian VCs Prefer Industry-Focused Startups Over General-Purpose Solutions
report summary
Table of Contents
- India’s Digital Economy: An Overview
- State Of India’s Startup Economy
- Evolution Of AI
- Decoding The World Of GenAI
- A Comparative Look At Top Generative AI Models
- The GenAI Value Chain
- GenAI Market Opportunity In India
- AI & Policy
- Generative AI In Business
- Decoding The AI Strategy Of India's Top-Tier Listed Enterprises
- Decoding Generative AI Startup Ecosystem In India
- India’s GenAI Landscape
- GenAI Funding Trends
- Investors Actively Backing AI
- India’s GenAI Startup Investor Survey 2024
- Growth Drivers
- Key Challenges
- Methodology
- Bibliography
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Summary
Number Of Companies100
Number of founders708
Total Funding Amount$1.30 Bn+
Number of Acquisitions10
Average Company Age7.7 yrs
