India may have 25-30 homegrown AI unicorns by 2030: PeakXV Partners MD

India is the "number one IPO market in the world, especially for start-ups", PeakXV Partners' Managing Director Rajan Anandan said. He added that if startups focus on affordable innovation, India could see 25-30 homegrown AI unicorns by 2030. "Of course, valuations have to be reasonable, you've to have profitability, and consistent execution is what will get rewarded," Anandan further said.