New Delhi, Dec. 7 -- The recent success of several consumer tech companies in public markets has prompted Indian venture capital funds to back the next wave-startups using artificial intelligence (AI) to build products.

Several companies have picked up early-stage cheques this year. In August, AI-powered entertainment company Dashverse raised $13 million from Peak XV, with participation from Stellaris and Z47. Audio and video content platform Kuku FM raised $85 million from Granite Asia in October. Former Housing.com chief executive Jason Kothari's startup Mythik also received $15 million in May from Sakal Media Group, VC Grid, Viscera Capital as well as Shah Rukh Khan's family office. And that's just content-generation as a space.

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