As a global leader in private sector development, IFC works with experts to generate research, ideas, and analysis on the economics of private sector development. This space provides a global platform for fresh ideas on how the private sector can help address the most urgent challenges of development.
This report, developed by IFC and Stellaris, examines the growing potential of India’s AI-led software as a service (SaaS) start-ups and analyzes the role that the country, which is already a leader in the global software ecosystem, can play in an AI-led future. India is well-positioned to be at the forefront of the AI revolution. By 2030, AI applications and services together have the potential to create $500 billion of market value and almost 5 million jobs. The report is based on an industry-wide study and insights from the AI4Biz Challenge, organized to identify and recognize groundbreaking, early-stage Indian AI SaaS companies.
English | 80 Pages | IFC 2022