4 Indian AI startups, CodeParrot, Subtl.ai, Wuri, and Locale.ai, shut down, citing funding gaps, scalability issues, and weak product-market fit. Despite early promise, they were unable to sustain momentum. Their closures signal a maturing GenAI ecosystem in India, where only differentiated, resilient ventures with real-world impact and robust revenue models are likely to survive the next wave.
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06:53 pm on
29 Jul