Investor appetite for AI startups in India is growing as fund managers chase companies like Sarvam AI and Krutrim AI. SoftBank and Antler are leading the funding landscape, with Tracxn reporting a significant increase in funding for AI startups. Companies are focusing on innovative AI solutions like ChatGPT and GenAI, attracting substantial investments.
Investors chase desi companies that crack AI use cases indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
The company would allocate the funds towards working capital requirements, execution of the IFFCO (Indian Farmers Fertilisers Cooperative Ltd) drone order and fulfilling the pre-booked orders.
Garuda Aerospace raises Rs 25 cr in fresh bridge round financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.