Accel India's partner Prayank Swaroop believes India's highest AI upside is in applied AI rather than foundational models.
The firm is focusing on agentic enterprise platforms, vertical AI products, and AI-enabled services, leveraging India's engineering talent pool and domain-specific datasets.
Swaroop emphasizes the importance of building durable AI products that solve high-value pain points and executing with speed.
AI in India is shifting towards the application layer, driven by startups leveraging open-source models for solutions in healthcare, legal operations, and financial services.