Ashwin Raguraman’s Bharat Innovation Fund began to invest in AI in 2018, starting with traditional technologies like computer vision, voice recognition, and recommendation systems. It was only in 2021 that GenAI emerged as a game-changer driven by large language models.
This shift helped freshly minted Indian startups like Sarvam AI and Krutrim develop localised solutions. And now, it is layering into middleware (security and observability) and applications leveraging traditional and generative AI.