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More nays than ayes: The hidden truth about Indian VCs GenAI investments

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The number of GenAI startups that are founded has dropped from 77 in 2023 to 14 till July 2024. From 2023 till July 2024, only six startups have been able to get significant investments of over USD10 million. Are Indian VCs not betting on GenAI the way their western peers are?

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