Not funding but lack of skilled researchers in artificial intelligence (AI) is a bigger hindrance Indian AI startups are facing in developing homegrown solutions, said investors and founders on Thursday during a session at the Global IndiaAI summit in New Delhi.
“India doesn’t have a paucity of capital, and today what is happening is that capital is being invested in the best founders who are building the most interesting companies. So in AI, what we are seeing is the beginning of an interesting wave of AI application companies,” said Rajan Anandan, managing director, Peak XV, a leading