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Nurturing India's Generative AI Startups: Overcoming Challenges for Future Growth
Nurturing India's Generative AI Startups: Overcoming Challenges for Future Growth

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The rise of Generative AI startups in India reflects a growing recognition of the transformative potential of this technology. These startups are venturing into various industries and harnessing the power of Generative AI to create groundbreaking solutions. However, despite the increasing entrepreneurial activity, many Gen AI startups grapple with challenges that hinder not only their progress but also the growth of the broader Gen AI ecosystem in India.

The nasscom report, titled Generative AI Startup Landscape in India, highlights 6 major challenges that Generative AI startups in India encounter on their journey to success.. Let us delve into these multifaceted challenges to understand them better.

 

To unlock the full potential of Generative AI startups in India and foster an environment conducive to their success, some strategic recommendations have been formulated and put forward by nasscom for key ecosystem players.

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Source: nasscom Generative AI Startup Landscape in India report

By collectively addressing the challenges through timely execution of the above-mentioned recommendations, India can position itself as a key player in the global Generative AI landscape. With the right support, resources, and collaboration, a flourishing ecosystem can be nurtured that drives technological advancements, fosters innovation, and creates sustainable value for businesses and society as a whole.


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Dhiraj Sharma
Principal Analyst

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