Exclusive | Affordablity Is Key To AI Success In India: Peak XV's Rajan Anandan

AI in India will be "won by Indian firms," Peak XV Managing Director Rajan Anandan told NDTV today, citing the growing volume of money that is being channelled into the sector. In an exclusive conversation with NDTV CEO and Editor-in-Chief Rahul Kanwal in Walk the Talk, Anandan said while the initiative started late in India, as with most things, the country catches up remarkably fast. The big impediment for developing AI in India was the lack of GPUs -- Graphic Processing Units that are like building blocks to train AI.

"The criticism of AI in India has been India doesn't have pure-play publicly traded AI companies. We don't have an Nvidia, we don't have an OpenAI or an Anthropic, or for that matter, even a Google... that's the reason we've seen a lot of capital leave and going back to the US or going to Korea or Taiwan," he said.But the picture in private sector has changed completely.

At the end of 2025, India had less than 10,000 active GPUs -- which is less than any top university in the US have.