If 2023 was the year when generative artificial intelligence (GenAI) took the world by the storm, 2024 was all about enterprises adopting the technology in their day-to-day operations.

As a result, last year saw many founders take the AI route for their new ventures, making the AI-led disruption apparent in the Indian startup ecosystem. Investors, too, were more than happy to back new AI startups.

Such was the clamour for GenAI startups that Polygon cofounder Sandeep Nailwal’s blockchain-based AI startup Sentient Labs bagged a massive $85 Mn in seed funding while Cultfit cofounder Mukesh Bansal’s venture Nurix AI secured $27.5 Mn in seed funding last year.

Buoyed by such big-ticket rounds in early stage AI startups, total seed-stage funding zoomed 31% year-on-year (YoY) to $893 Mn in 2024.

This high interest in AI-led startups is expected to continue in 2025 as well. According to Inc42’s........

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