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ITNewspapersThe Financial Express

India’s GenAI startup funding jumps sixfold in Q2 FY25: Nasscom report

Binu Mathew
By Binu MathewNovember 26, 2024

India’s Generative AI (GenAI) startup ecosystem saw a sixfold quarter-on-quarter increase during the second quarter of FY2025, a Nasscom report said.

This surge was marked by 20 funding rounds, showcasing a strong recovery after a sluggish Q1. Early-stage investments, including angel and seed funding, accounted for 77% of these rounds.

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