The scale of the gap between India and the world’s leading AI ecosystems came into sharp focus last week when Anthropic, one of the leading large language model (LLM) startups, announced a $65 billion funding round that valued the company at $965 billion. Its chief rival, OpenAI, has raised about $180 billion in funding to date.
To put this into perspective, the Indian startup ecosystem raised a total of $64.2 billion in funding between 2022 till May 2026 as per YourStory Research. The combined capital raised by Anthropic and OpenAI alone is several times larger than the amount raised by the entire Indian startup ecosystem over the past few years. These figures also raise questions about the state of AI innovation in India. Beyond Sarvam AI, there are very few AI companies that enjoy this recognition.
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