Bengaluru, May 29 (IANS). Global Venture Capital firm Excel said on Thursday that the company will host the second edition of its flagship AI Summit in Bengaluru on June 4, which will include efficient people in AI from India and other countries.
It is an invite-only exclusive event, whose theme is ‘Engineering India’s AI Advantage’. In this event, Leading AI Founders, Researches, Tech CXOs, PolicyMekers and Global Investors will come together on stage.
The objective of this event is to catalist new ideas, partnerships and framework, which will help in increasing India’s decisive role in shaping global AI landscape.
According to NASCOM, India’s AI market is estimated to reach $ 17 billion by 2027, growing at the rate of more than 25 percent of CAGR.
The Indian Innovation is moving rapidly in the innovation healthcare, fintech and retail sector with the growing base of unique data advanced and vertical AI startups.
Excel’s partner Prayank Swaroop said, “India’s AI ecosystem is growing rapidly, in which application-layer AI is now providing real value to enterprises.”
“Founders are making different domain-specific models by taking advantage of India’s data advantage,” he said.
Ashish Vaswani, co-founder and CEO of Essential AI, Additional Secretary, Ministry of Electronics and Information Technology, Abhishek Singh, Professor Balaraman Ravindran, Professor of IIT Madras, Geeta Manjunath, Microsoft Researcher Kalika Bali, Sarvam AI’s Sarva AI Founder and CEO Pranav Mistry, Neyasa CEO Sharad Sanghi and Excel Partner Vas Natarajan are included.
The event will also introduce the ‘Forbes Excel AI 30 List’ in the evening, in which people of leading Indian origin will be honored with AI in the field of research, entrepreneurship and enterprise effects.
-IANS
SKT/ABM
