Indian Founders Lagging in AI Adoption, Says Lightspeed's Bejul Somaia

• Lightspeed's Bejul Somaia notes a lack of urgency among Indian founders in embracing AI, unlike the 2012-14 mobile internet wave.
• Somaia believes AI could democratize intelligence at near-zero cost, unlocking earning opportunities for millions in India.
• Lightspeed, a major global AI investor, has backed companies like Anthropic, Mistral, and XAi globally, and Emergent and Sarvam in India.
• Sarvam, an Indian AI firm backed by Lightspeed, is raising $250 million from Nvidia, Accel, and HCLTech at a $1.5 billion valuation.
• Somaia expresses concern over the missing entrepreneurial energy in India for AI, despite its potential to be a significant leveller.