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Indian Founders Need to Buckle Up in AI Race

June 05, 2025

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Financial Express Pune

TECH FOUNDERS NEED to shift to a hyper-competitive mindset to align with the intensity of their US counterparts as the race for AI innovation gathers steam and Indian companies compete with global peers to build standout AI-first applications, said Prayank Swaroop and Shekhar Kirani, partners at venture capital firm Accel.

- AYANTI BERA

They said there's a noticeable difference in attitude of founders in the US and India and when founders from India visit the US and see the ambition and pace there, it often changes their perspective.

If they don't match that level of intensity, they risk falling behind, they added, while speaking at a media roundtable at the Accel AI Summit.

Accel operates a $650 million early-stage fund to invest in startups in India and Southeast Asia, across sectors such as AI, consumer, fintech, and manufacturing.

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