We're beginning to see the excitement on the consumer economy front but I'm not seeing that level of entrepreneurial energy around AI. It's up compared to a year ago, it's up meaningfully, but it should be 10X, he said in an interview to Moneycontrol
In a conversation with Moneycontrol, Somaia also said secondary share sales remain a preferred liquidity route, adding that Indian founders should move faster on AI.
As vertical quick commerce platforms scale across fashion, home services and baby care, Lightspeed's Taneja says the real edge lies in supply chain control and consumer loyalty — not just speed. The firm is backing founders solving large, unorganised category problems through tech-led formalisation.
The move comes months after Indian-government backed AI4Bharat unveiled a mobile assistant that aims to make information on government schemes accessible in multiple languages
It came naturally for founders of Radioflote, Dhingana and Tune Patrol to set up a company around music like other startups in the space
Gagan Maini and Subrat Pani have developed a business in the space of assistance that can help reduce your anxiety if you lose your phone, wallet or essential documents
Fashionara.com, the Bangalore-based online portal that offers premium fashion and lifestyle merchandise received capital funding from Helion Venture Partners and Lightspeed Venture Partners. The funds raised will be used to build the business. Sources in Fashionara said it would be seeking second and third round of funding.