India's artificial intelligence (AI) startup ecosystem is experiencing significant growth, fueled by the increasing adoption of AI-powered software-as-a-service (SaaS) solutions, according to a new report. The government has committed ₹2,000 crore to IndiaAI and boosted AI infrastructure by 82%. Enterprise AI spending is projected to reach $13.8 billion in 2024, marking a 6x year-on-year increase.