🇮🇳 India’s Next Unicorns: Who’s Building the ChatGPT of Bharat?

🇮🇳 India’s Next Unicorns: Who’s Building the ChatGPT of Bharat?

The LLMs, Startups, and Founders Quietly Training to Speak in Hinglish

EduInvesting.in | May 2025


“India doesn’t need another food delivery app. We need a language model that understands ‘bhaiya, thoda kam lagao.’”
— Anonymous VC, probably

While OpenAI, Anthropic, and Google battle for LLM supremacy globally, a quieter revolution is happening in India.

Local entrepreneurs, IIT dropouts, and ex-Amazon engineers are now asking a bold question:
“Why can’t India have its own ChatGPT?”

Spoiler: It’s already happening.

Let’s look at the startups, brains, and business models powering India’s AI dreams — and which ones could become the next unicorns.


🤖 1. Sarvam AI — The Desi LLM Gladiator

💡 Founded🔁 By
2023Vivek Raghavan (ex-Aadhaar) + Mukund Jha (ex-Dunzo)

What They’re Building:
A Hindi-first LLM that understands Indian context, slang, culture, and yes — government forms.

📍 USP:

  • Trained on vernacular data from Indian social networks, govt docs, newspapers
  • Open-source friendly
  • Working with IIT Madras + Indian AI policy groups

🧠 Why It Might Win:
The first serious player going after a “Bharat GPT” in Hindi, Tamil, Kannada — not just English-speakers in Bangalore.

🤑 Funding: ₹200 crore+ pre-Series A
🚀 EduInvestor Verdict: ✅ Track for future listing / acquisition by Reliance or HCL


📲 2. Krutrim AI — Ola Founder’s AI Revenge Arc

💡 Founded🔁 By
2023Bhavish Aggarwal (Ola / Ola Electric)

What They’re Building:
An India-trained foundational model and eventually — hardware too.
Yes, they’re building their own GPU stack in India.

📍 Vision: “Make AI for 1.4 billion Indians” — including voice AI, support chatbots, and factory automation.

🧠 Why It Might Win:

  • Bhavish has a history of doing the impossible (and also the unstable)
  • Government support for local AI
  • First startup in India to launch its own foundational LLM in under a year

🤑 Funding: Backed by SoftBank & Temasek
🚀 EduInvestor Verdict: ⚠️ High vision, high chaos — but a serious unicorn contender


🛍️ 3. Gan.ai — Making Your AI Ads Speak Bhojpuri

💡 Founded🔁 By
2021Suvrat Bhooshan (ex-Facebook AI)

What They Do:
Real-time AI video personalization for brands — in any Indian language or accent.

📍 You record a single video, and they’ll:

  • Translate it into 11 languages
  • Lip-sync it
  • Match regional context
  • Push it as “native content” on Insta, YouTube, even WhatsApp

🧠 Why It Might Win:
This is AdTech’s AI moment — and Gan.ai is already working with Coke, Unilever, and Flipkart.

🤑 Funding: $5M+ from Y Combinator, Surge
🚀 EduInvestor Verdict: ✅ Potential IPO in 2–3 years


🧬 4. abhyas.ai — The AI Tuition Teacher for Tier-2 India

💡 Founded🔁 By
2024IIT alumni + Teach For India network

What They Do:
India’s first voice-enabled AI tutor that teaches in vernacular languages for:

  • CBSE
  • State boards
  • NEET + UPSC
  • Spoken English for job seekers

📍 Working with government schools, BYJU’s competitors, and NGO networks.

🧠 Why It Might Win:
Solves the “how do we scale teachers for 200 million students” problem.

🤑 Funding: Undisclosed seed from Blume + CIE IIIT-H
🚀 EduInvestor Verdict: ⚠️ Early stage, but IPO potential in edu-vertical SaaS


💻 5. Haptik (Now Jio-Backed) — The Old OG Now Supercharged

💡 FoundedAcquired By
2013Reliance Jio in 2019

What They Do:
India’s largest chatbot platform, now layering LLMs on top of customer service flows.

📍 Clients include:

  • Tata Group
  • Kotak
  • HDFC Life
  • Indian Railways chatbot (!)

🧠 Why It Might Win:
Jio + data + AI = monopoly dreams.
Building voice assistants in 22 Indian languages.

🤑 Funding: Backed by Jio + global VCs
🚀 EduInvestor Verdict: ✅ Watch for RIL spinoff or IPO under Jio Platforms


📊 Table: Bharat’s ChatGPT Builders

StartupNicheFundingLanguage FocusRisk Level
Sarvam AILLMs for India₹200 CrHindi, TamilMedium
KrutrimFull-stack AI InfraHigh (SoftBank)Pan-IndiaHigh
Gan.aiVideo Ads Personalization$5M+11+ LanguagesMedium
abhyas.aiAI Tutors for BharatSeed Stage9+ LanguagesHigh
HaptikChatbots + JioRIL-backedAll majorLow

🧠 What This Means for Indian Investors

  • 🟢 AI isn’t just happening in Silicon Valley
  • 🔴 Most Indian listed IT firms are still slow to innovate
  • ✅ But these startups could:
    • Go public by 2027–28
    • Get acquired by TCS, Reliance, or Amazon India
    • Or become the next unicorns before your next PF credit

💼 EduInvestor’s Strategy

Investor TypeWhat You Should Do
Angel InvestorSarvam, Gan.ai = sharp early entry bets
Public Market PlayerTrack Haptik within RIL or Tata Elxsi AI news
Mutual Fund HolderAsk: “Are they backing GenAI startups yet?”
FinfluencerStart hyping them now and take credit later

🧨 Final Thoughts: India’s ChatGPT Won’t Speak Perfect English

And that’s the point.

It’ll say “acha suno…”, understand “arre yaar yeh kya hai”, and help 1 billion+ people access real AI help — not just memes.

The global AI war may be fought with GPUs, but India’s AI revolution?
It’ll be fought in Hindi, Hinglish, Bhojpuri, and maybe even emoji.

Prashant Marathe

https://eduinvesting.in

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