Despite a 46% drop in overall tech funding in Karnataka in Q1 2025, AI startups received backing in early-stage rounds.Chiratae Ventures sees AI and deep tech as significant focuses in the current market.Specialized funds are stepping in to support AI projects, with a focus on deep tech risks.Top 5 AI companies raised a combined $207.3 million by April 2024, with significant interest in AI advancements.Bengaluru remained the hub for AI funding and technological advancements from 2020 to 2024.Other cities like Pune and Hyderabad are also showing increased interest in AI investments.Chiratae Ventures launched a seed investment program in 2024 to nurture early-stage tech startups.Indian entrepreneurs are focusing on solving current problems through AI applications for affordability and availability.Increased data availability will lead to entrepreneurs developing foundational AI models tailored for the Indian market.The gap between India and countries like the US and China in sectors like healthcare and cybersecurity is narrowing.