India’s GenAI ecosystem soars with 6 times growth in Q2FY25 amid global slump: Nasscom report

India’s Generative AI ecosystem has grown remarkably amid a global downturn, recording an impressive 6 times growth in quarterly investments driven by B2B and productivity solutions, according to a report by IT industry body nasscom.

Nasscom on Monday released the “Generative AI Tracker: Tech Industry Activity in Q2FY2025” report that revealed a robust rebound in funding and innovation within India’s Generative AI landscape.