New Delhi, Feb. 19 -- The next phase of India's AI Mission will pivot toward building a marketplace to commercialize the models and applications built by the startups that were funded in its initial tranche, Abhishek Singh, additional secretary at the ministry of electronics and IT (MeitY) and chief executive of the IndiaAI Mission, said in an interview.

India's first AI Mission was notified in March 2024 with a net budgetary outlay of Rs.10,372 crore ($1.2 billion). It has funded a total of 12 startups, with net incentives given to them in the form of compute access worth Rs.2,194 crore.

Speaking with Mint on the sidelines of the AI Impact Summit 2026, Singh said that the event has attracted more than 250,000 visitors so far, and that ...