The number of startups in India developing large language models (LLMs) is increasing, particularly following DeepSeek’s success. This trend is driven by the realization that creating an LLM doesn’t require extensive funding; startups can achieve this with approximately $6 million. As a result, the number of companies in this sector is projected to grow significantly, potentially reaching 20, 30, or even 40 by the end of the year, according to Agarwalla.

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