Indian GenAI funding soars with 6X growth in Q2 FY25: Nasscom report

According to a report by NASSCOM, funding for Indian genAI (generative AI) startups has seen a six-fold growth in the second quarter of FY 2025. This surge is driven by increasing interest in AI technologies and their potential applications across various sectors. The report highlights that genAI startups are attracting significant investment, with many ventures securing large funding rounds. This growth indicates a strong future for AI in India, with potential for innovation and job creation. The sector is expected to continue growing as more companies integrate AI into their operations.