GeekyAnts Becomes Member of Newly Launched AI Council of India

GeekyAnts is an official member of the AI Council of India, launched this week by the Internet and Mobile Association of India in Mumbai. Founder and CEO Kumar Pratik and Director Apoorva Sahu represented the company at the launch event, held at the Jio World Convention Centre and attended by startups, enterprises, and policymakers shaping the country's approach to artificial intelligence.

The council will operate through three committees covering infrastructure, applied AI, and skilling, with leadership drawn from Nasscom and Google for the first term, which will be of 2 years. Planned initiatives include an annual industry report, a flagship India AI Summit, and AI clubs inside engineering institutions to connect student talent with industry and government.

Founders in attendance identified capital as the central constraint facing Indian AI startups. Many companies incorporate in the United States to raise funding and set up an Indian subsidiary after the fact, a pattern that moves long-term intellectual property and value outside the country. A related gap concerns data: India lacks centralized, India-specific datasets for sectors such as healthcare and voice technology, and companies end up building the same resources from scratch.

Maharashtra used the event to announce its own AI policy, targeting more than 10,000 crores in investment and a new AI university, with plans to extend programs beyond Mumbai to cities such as Nagpur.

A macroeconomic view presented at the event added scale to these constraints. Chip and hardware companies around the world generate close to $800 billion in EBITDA, a measure of core profit before interest, taxes, and depreciation. AI model companies burn through hundreds of billions with no clear timeline for profit. Speakers noted that India's real opportunity is in deploying AI across healthcare, education, and governance and in closing the capital gap that pushes founders to build companies outside India, ahead of a race to build frontier models.