Google and Accel reviewed more than 4,000 applications for their Atoms cohort and found ~70% of AI startup pitches tied to India were 'wrappers' (i.e., superficial or misrepresented). The high prevalence of low-quality or wrapped pitches underscores due-diligence challenges and suggests increased skepticism/selection friction for investors targeting India-focused AI deals.
Google and Accel reviewed more than 4,000 applications for their Atoms cohort and found ~70% of AI startup pitches tied to India were 'wrappers' (i.e., superficial or misrepresented). The high prevalence of low-quality or wrapped pitches underscores due-diligence challenges and suggests increased skepticism/selection friction for investors targeting India-focused AI deals.
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