India’s AI Startup Ecosystem Gains Momentum with New Accelerators
India is witnessing a rise in the number of Y Combinator-style accelerators designed to support the country’s burgeoning artificial intelligence (AI) startup landscape. This trend reflects the significant opportunities presented by the AI wave and the technology’s rapid evolution, which demands a supportive ecosystem where founders can learn, collaborate, and build.
In the past 18 months, India has seen the emergence of AI-focused residency programs and venture capital funds specifically catering to new startups. One example is Lossfunk, a residency program for AI startups founded by Paras Chopra.
This wave of support underscores India’s commitment to fostering innovation in the AI space and providing the necessary resources for startups to thrive in this rapidly changing technological environment.
