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Fractal’s India Dilemma: The Missing Demand Engine In Enterprise AI

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22.02.2026

Fractal’s India Dilemma: The Missing Demand Engine In Enterprise AI

Fractal Analytics’ revenue is largely global in nature with US contributing the highest, despite India being its innovation hub over the past 25 years

Cofounder and group CEO Srikanth Velamakanni believes the scale of spending in US markets is simply much higher than India

Through its IndiaAI Mission mandate and a focus on LLMs, Fractal Analytics is doubling down on sovereign, large-scale AI model development in healthcare and beyond

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India’s artificial intelligence market is to reach a $126 Bn opportunity by 2030, with a potential GDP impact of $1.7 Tn by 2035. As per Inc42’s Bharat AI Startups Report, live AI use cases are growing particularly rapidly for enterprise use-cases, with enterprise AI is projected to grow from $11 Bn in 2025 to $71 Bn by 2030, roughly a 6.5x surge. 

This fundamental shift was equally evident at the India AI Impact Summit 2026, where enterprise presence was strong and the major AI tech giants all announced partnerships to propel this adoption even further. 

This has essentially flipped the script........

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