Dev Khare of Lightspeed highlights India's delay in GenAI investment compared to the US and Europe, urging for catch-up.
Media Hype Vs Adoption Reality
JM Financial notes a disconnect between media hype and actual GenAI adoption in businesses, calling for scrutiny.
VC Shift to Application Layer
VCs increasingly favor startups operating in the application layer, such as those utilizing ChatGPT, per Dev Khare.
Targeting Application Layer
Speciale Invest and Inflection Point Ventures target startups leveraging existing models, echoing Dev Khare's sentiment and JM Financial's insights.
Leveraging Existing Models
Ivy Chin (Inflection Point Ventures) stresses VCs' preference for startups building upon existing GenAI models, advocating for innovation-driven strategies.