Can India beat US-China in AI dominance? Sarvam CEO, Peak XV make the case for India’s AI moment

As the United States and China dominate the global artificial intelligence race, India still lacks publicly listed pure-play AI companies. However, the country’s startup ecosystem has reached a turning point that could change that, Rajan Anandan, Managing Director at Peak XV Partners, said at an Express Adda discussion on Monday.

“India is early in the AI game. 2026 is the year India entered the AI game,” Anandan said, adding that while global capital continues to favour markets with dedicated AI companies, India’s private innovation ecosystem tells a very different story.