19 Feb 2026 | 5 Mins Read

Lightspeed banks on Indian AI's app-driven future

Flipitmoney

Bejul Somaia, Managing Director at Lightspeed Venture Partners, stated that India's AI opportunity lies in the application layer, not in building large foundation models. He drew parallels between India's AI moment and the early internet era, highlighting the need to re reimagine use cases for local workflows, languages, and regulatory environments rather than replicating global products.