NVIDIA Has Partnered With 2K+ Indian Startups Till Date: CEO
by Amit Singh · Inc42SUMMARY
- NVIDIA has teamed up with the likes of Flipkart, Zoho, Krutrim and Sarvam AI to develop large language models for Indian languages
- The US chipmaker has also partnered with SigTuple and Qure.AI to solve challenges in the healthcare sector
- The move is part of NVIDIA’s push in India, a key growth market for the company where demand for AI is booming
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US-based chipmaker NVIDIA has partnered with more than 2,000 Indian startups since its inception, CEO Jensen Huang said at the company’s AI summit today (October 24).
Huang said that NVIDIA has teamed up with the likes of ecommerce major Flipkart, SaaS startup Zoho, Bhavish Aggarwal-led AI unicorn Krutrim and Sarvam AI to develop large language models (LLMs) for Indian languages.
Amid growing demand for AI infrastructure in India, Tata Communications, Reliance Industries, Yotta Data Services are using NVIDIA’s technology to build advanced computing infrastructure in the country, according to the NVIDIA CEO.
The company has also joined hands with medtech startups SigTuple and Qure.AI to solve challenges in the healthcare sector, said Vishal Dhupar, NVIDIA’s managing director for South Asian region.
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The move is part of NVIDIA’s push in India, a key growth market for the company where demand for AI is booming. India has emerged as a leader in the adoption of AI apps, with the country accounting for 21% of AI app downloads globally.
AI app downloads by Indians surpassed the 2.2 Bn mark by August 2024, with ChatGPT, Microsoft Copilot, and Google Gemini being the top three most downloaded AI apps.
To spur innovation within the homegrown AI ecosystem, the union cabinet approved IndiaAI Mission with a total outlay of INR 10,372 Cr over the next five years. Recently, it was reported that IndiaAI Datasets Platform will go live as soon as January 2025.
On the back of this, the homegrown AI ecosystem has been making massive strides. Earlier this year, Krutrim became India’s first AI unicorn.
Overall, India has more than 100 GenAI startups which have raised more than $600 Mn since 2019.