Investors eye generative-AI startups, funding hiked to $51 million in second quarter: Nasscom report

Generative-AI startups have stoked investor interest as funding in the second quarter of the ongoing fiscal has increased 6.3 times to $51 million. It was at $8 million during the first quarter of 2024-25.

More than 90 per cent of GenAI funding during the quarter went to three startups — Nurix AI, Dashtoon and Calcutta-based Mihup, Nasscom said on Monday in its GenAI tracker report.