Generative AI Tracker: Tech Industry Activity

Nasscom is releasing first of its kind Generative AI Tracker for Tech Industry. The Analysis is based on announcements made between January 2024 to June 2024 by a subset of leading publicly listed Indian technology companies. The report covers Global Generative AI Investments Trends, Indian Gen AI Investments Trends, Indian Tech Service Providers Activity and Industry Showcase.

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Key Findings

3X increase in Gen AI Startup investment in H12024, from H22023
Significant rise in global BigTech Gen AI startup investments

Impressive increase in Indian Gen AI startup investment in H12024
Decline in Gen AI startup funding rounds in H12024, vis-à-vis H22023

Tremendous growth in activity increase across Gen AI focus areas by the Indian tech industry
~57% of the H12024 activity focused on new product launches.

The report showcases the highlights of nasscom insight visits of 4 companies, Genpact, LTIMindtree, LTTS and Infosys in H12024

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