Core Insights - The Indian market for AI is poised for significant growth, with the potential for multiple "UPI moments" across various sectors such as agriculture, healthcare, education, climate, defense, and finance, driven by widespread smartphone adoption [1][2] - Major tech companies like Microsoft are collaborating with local operators to support India's AI mission, indicating a robust market opportunity [2][3] Investment and Infrastructure - The company has already invested close to $2 billion in its infrastructure, including 21,000 GPUs, and plans to scale up with an additional 40,000 GPUs within the financial year [6][7] - The company is in the process of raising $1 to $1.2 billion through pre-IPO funding to support ongoing growth and maintain its leadership position in the market [4][7][8] Market Dynamics - The demand for AI capabilities is expected to grow significantly, with the company well-positioned to meet this demand due to its established infrastructure and experience in GPU deployment [3][6] - The company has been building its sovereign cloud capabilities for seven years, which provides a competitive edge in executing AI projects [3]