Posted 1/16/2024, 12:31:00 AM
Indian SaaS Startups Face Growing Pressure to Integrate AI in 2024 or Risk Falling Behind
- Indian SaaS startups face pressure to retool offerings to leverage AI in 2024 or risk falling behind
- Lack of domestic AI talent and high costs make retooling challenging for Indian startups
- Investors now expect to see AI fundamentally integrated into new SaaS offerings
- Many SaaS categories are hitting saturation, fueling expectations of consolidation in 2024
- Early stage startups now need $2 million ARR to raise Series A, up from $300,000 ARR in 2021