The founders of Desi Ai run the risk of falling behind the foreign peers: Accel – Times of India

Bengaluru: Volal capital company Accel Partners Shekhar Kirani and Prayank Swaroop emphasized worries about Indian AI startups that are lagging behind worldwide competitors, despite similar technical skills. They did not mention sufficient urgency and limited worldwide vision as important issues.During a media tour table on Wednesday, they noticed that, although India experiences a rise of technically competent, AI-oriented founders, many retain a cautious, risky approach that could prove to be harmful in this fast-moving sector. “In the valley it is a war zone. Building engineers, itteren, raising money and haunting the scale aggressively,” said Kirani. “In India, many still work in peacetime mode, try to optimize them for capital efficiency, repairing bugs and selling to five customers. That is not how you win this AI cycle.” The inequality is clear in ratings. Kirani noted that the AI-first startups that demonstrate in the US demonstrate revenue growth can achieve valuations of more than $ 500 million for $ 15 million ARR, while traditional SaaS companies with comparable figures with comparable figures generally receive ratings of around $ 100 million. “The market rewards speed. If you are an AI-Native company that is growing rapidly, the Delta in Pull and appreciation is unprecedented,” he said.Swaroop indicated a shift in investors’ perspectives. “Everyone is looking for that breakout moment. A company with $ 1-2 million Arr can be considered an early stage earlier. Now, as the AI-first and fast composition, it is expected that it will achieve $ 50-100 million in income within 12-18 months,” he said. “The beam is higher, but that also applies to the advantage, if the founder thinks worldwide.”