StatsGuru: AI companies seek footing in India, need funding boost
Individuals and companies from over 30 countries will participate at the five-day India Artificial Intelligence (AI) Impact Summit 2026 beginning Monday. Of the 32,600 AI companies globally, India accounts for 5.7 per cent. Between 2016 and 2025, nearly 60-70 per cent of Indian AI firms have remained dependent on seed-stage funding, indicating the sector is still largely at an early stage of growth.