India can build serious AI with less capital than frontier labs: Peak XV’s Ravishankar
India can build strong AI companies with less capital than global leaders, according to G.V. Ravishankar, managing director at Peak XV Capital. Indian startups can create large businesses by building useful products quickly and cost-effectively, leveraging the country's deep engineering talent.
India can build strong AI companies with less capital than global leaders. The country's AI opportunity lies in building useful products quickly and cost-effectively, leveraging its deep engineering talent. Two areas where Indian startups can create large businesses are in everyday use cases and in the layers around AI, such as infrastructure and software. Indian teams are well-placed due to the country's large developer base and growing technical talent pool. Investor interest in Indian AI startups remains strong, with Peak XV among the active investors. Recent deals include Neysa's $1.2 billion capital raise and Sarvam AI's potential $250-300 million raise.
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