Artificial Intelligence (AI) and Machine Learning (ML) technologies deliver intelligent functionalities to pre-existing solutions across various verticals including automotive, health care and business analytics. AI and ML collectively offer optimal solutions to the existing problem, and further imparting self-learning logic in the system to instinctively address any similar complications in the future. Statistic abilities of machine learning to develop capabilities and enhance the performance of models have delivered significant traction for the technology in start-ups across the world. Companies are highly attracted to the investment opportunities for integrating machine learning in their services and products across the AI landscape. These unprecedented stages of investment are emblematic of the hype surrounding artificial intelligence and machine learning and have also accentuated the value that technology leaders believe AI and ML can bring to the world.

India is changing and so is our technology eco-system. The eco-system which was in terms of technology innovation a laggard is now running a marathon at a speed which perhaps is putting other global tech startup eco-systems to rethink their India strategy. The credit of this must also go to Niti Ayog s vision and setting aside a fund of Rs. 200 crore for future technology companies from India. Under Atal Innovation Mission, startups can raise upto Rs. 10 crore that fits the criteria set up by the Niti Ayog.