India’s startup ecosystem has been witnessing funding winter for a while now. However, the emerging technology segment called artificial intelligence garnered attention and capital during the same period from various venture capitalists and institutional investors worldwide and in India.
While India’s funding size in AI dropped from USD 14.7 million in 2022 to USD 7.1 million in 2023, the space continues to go strong having raised USD 10.6 million till May 3.
