The initiative pairs early-stage funding with network and ecosystem support.
The push comes even as several startups reverse-flip back to India, and the IndiaAI Mission works to build a broader ecosystem for AI innovation. In February, New Delhi hosted the India AI Impact Summit, highlighting the country’s ambitions to emerge as an AI powerhouse.
For Kushal Bhagia, co-founder and partner at All In Capital, however, Indian AI founders moving to the US is not cause for concern but a “bullish signal” for India.
All In Capital has invested $350,000 in Vasuki AI as part of its pre-seed round, handing the startup its first cheque.
The company is building an AI product suite for commodity hedging desks, aiming to shift hedging from a manual, expertise-led process to an automated, AI-assisted workflow.
A number of AI startups, including Broccoli AI, Composio, Potpie AI, Meetstream AI, Smallest AI and GetCrux, have recently shifted base from India to the US.
Data from market intelligence platform Tracxn shows that while the US hosts nearly 11,300 native AI startups, India has around 2,240.
Bhagia points to the scale of opportunity. The US accounts for $368 billion in software spending, more than half the global total. “If your AI startup ignores that market, you're not patriotic -- you're just leaving money on the table,” he says. Infosys, he adds, built a $100 billion company by pairing Indian talent with global demand without being seen as a case of brain drain. “The talent stays Indian. The engineering stays in India. The ambition just goes global.”
Launched in the first week of February, the programme drew more than 750 applications within a week and over a million online impressions.
“What we liked was their (Vasuki AI’s) deck clearly said they are not selling to India,” Bhagia says, noting that the domestic market accounts for less than 1 per cent of global derivatives volume. The startup already has active pilots overseas and is preparing to enter the US market. “We’re writing a $350,000 cheque and flying them to San Francisco to help them crack the market.”
For its first cohort, the firm plans to select 20-30 startups, each eligible for pre-seed funding of up to $300,000, with total capital deployment of up to $1 million.
While Vasuki AI leads the first cohort, All In Capital is expected to announce two more AI startups in the coming weeks. It has also opened applications for a second cohort for April-May.