India, April 10 -- From a futuristic idea to crafting narratives now, AI has come a long way in a very short span of time. The nascent tech, which sees some sort of new value additions or permutations on a daily basis, has emerged as a defining trend for the Indian startup ecosystem over the past couple of years. 

Accelerating at an unprecedented pace, the Indian AI ecosystem is expected to breach the $130 Bn mark by 2030. Yet, some cracks have already begun to show up in the space.

Over the past few months, several early-stage AI-native startups - NeuroPixel.ai, Alle, Astra, CodeParrot, Subtl.ai, to name a few - have shut down despite raising millions from investors. Most recently, Flipkart-backed NeuroPixel AI, which had raised $...