Nasscom inducts 33 high potential start ups for its GenAI Foundry programme

Nasscom on Friday (April 17, 2026) announced the fourth cohort of its GenAI Foundry programme, inducting 33 high potential generative AI startups and marking the continued expansion of one of India’s most focused platforms for building globally competitive GenAI ventures.

A Nasscom survey of participating startups highlights the programme’s growing impact on business outcomes across the previous three editions. Confirmed portfolio ARR (Annual Recurring Revenue) is grown from $3.9 million in FY 2023-24 to $9.7 million in FY 2024-25 and is projected to reach nearly $35 million across the programme cohort in FY 2025-26, said Nasscom.