India sees rise of Y Combinator-style accelerators to propel AI startups

India is seeing Y Combinator type accelerators that are coming up to support the AI startups by the Indian founders. The massive opportunity artificial intelligence wave presents and the very nature of technology, which is evolving at rapid speed, has necessitated the need to create an ecosystem where founders can learn, brainstorm and build.

In the last 18 months, AI-focused residency programmes and venture capital funds that cater to the new crop of startups have come up in India. This includes Paras Chopra’s Lossfunk, a residency programme for AI…