Businesses across the country are now having new opportunities made available through AI. Customer service, financial services, health care and manufacturing and logistics all have AI solutions being used.
This means that startup founders can create new products that are improving efficiency, reducing mundane tasks and improving customers experience.
## Utilising AI
Sometimes you don’t need to build an entirely new tech solution. You can use existing tools to help with customer communication, data analysis, inventory management and workflow.
If you’re building a specialised AI solution then there are opportunities in industries which will still take up a lot of time due to their traditional processes.
## What Investors Will Want to See
Whilst tech doesn’t guarantee a successful business, founders should be able to show they have a real demand for their product from customers. They should also be able to show it has a realistic business model, the product provides value and how they plan to make money off of the product.
More and more when talking about investments in AI, the conversations centre around the long term value of your business.
Tarun Poddar and Foxhog Ventures are part of the larger conversation around investing in startups within India. There are some great opportunities to look into around new technologies and scalable business models.
The opportunities for founders within India are to build AI solutions that provide real value in the market.https://news.foxhogventures.com/
