New Delhi, Sept. 21 -- India's artificial intelligence startup ecosystem will see a lot more growth-stage funding within the next 4-12 months, according to a top executive at global investment firm WestBridge Capital.

"I think $50 million rounds are happening already. It's a matter of time and the pace at which these companies grow. They could raise $100 million by the end of the year or in the next six to twelve months, potentially," Rishit Desai, partner at WestBridge Capital, told Mint in an interview. Desai handles all of the firm's investments related to artificial intelligence (AI) and software-as-a-service (SaaS).

WestBridge has already made several sizable bets in 2025. In April, it led a $60 million round in Tessel, an AI-nativ...