Indian IT Giants vs Startups: Who Will Script India’s AI Enterprise Story?

At Cypher 2025, leaders debated India’s enterprise AI future, concluding that it won’t be giants versus startups, but rather collaborative ecosystems.
“Mass upskilling is not AI innovation.” The remark by Hari Varrier, senior vice president at Havells, cut to the heart of a debate over whether India’s IT giants can reinvent themselves as product innovators in the AI era. The provocation drew sharp responses from other speakers who defended the scale and trust built by legacy firms. The exchange unfolded at Cypher 2025, where leaders including Lenskart co-founder Ramneek Khurana, Adani Renewables chief digital officer Kiran KR, and Tube Investments CIO Krupasindhu Roul debated the future of Indian enterprise AI. The discussion pitted the experience and reach of firms like TCS, Infosys, and Wipro against the agility of startups and global platforms. Scale vs Agility Khurana and Roul argued that IT giants enjoy the advantages
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Picture of C P Balasubramanyam
C P Balasubramanyam
Bala is a journalist covering Indian tech companies and startups from Bengaluru.
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