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HinduBusinessLine

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Accel bets on AI-powered SaaS, warns against episodic start-ups

  • Accel emphasizes the importance of AI-powered SaaS startups focusing on durable use cases rather than episodic ones like image generation tools.
  • The future of enterprise AI, according to Accel, lies in multi-product, deep-product strategies that are no longer constrained by engineering but by 'thinking'.
  • Indian SaaS players are under pressure to evolve as AI-native startups promise higher valuations but many are raising funds based on hype rather than revenue.
  • Accel highlights the sector-specific disruption caused by AI in customer service, marketing, testing, and healthcare SaaS, with the challenge of managing consumer attention amidst low content generation costs.

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