More Indian startups in the artificial intelligence sector are raising funds from the US where investors have taken note of a good rate of return on investments and the Government of India's drive to develop advanced technologies both for the domestic and international markets, an AI startup said.
"We are seeing an increasing number of Indian AI companies pitching for funds in San Francisco, where venture capitalists and equity investors have been closely monitoring the potential of innovations created in India," said Anirudh Arun, CEO and Founder of Agentic Universe, a Bangalore-based AI company focused on banking, finance services and insurance (BFSI) products.
