Archive · 29 Sep 2026
India’s AI Startups Receive Faster Term Sheets Amid Competition
Some young AI companies in India are getting investment offers faster than before.
One example is Creedom.ai, an AI-powered creative intelligence platform.
Its co-founder, Naveen Murugan, said the company received a term sheet in about two weeks.
A term sheet is an early offer from investors to put money into a company.
The company raised around ₹4.1 crore in September this year.
Investors first hear the startup’s idea and then study its product, numbers and market opportunity.
Murugan said this process used to take months.
He now says startups usually receive an answer within weeks, as competition increases.
Creedom.ai co-founder Naveen Murugan said his company received a term sheet in about two weeks.
Creedom.ai raised around ₹4.1 crore in September this year.
Murugan said the investment process begins with pitching the idea.
Investors assess the product, key company metrics and market opportunity before deciding.
He said startups previously waited months for answers, but now typically receive decisions within weeks.
- Who
- Creedom.ai and its co-founder and CEO Naveen Murugan.
- What
- Early-stage AI startups are receiving investment decisions and term sheets faster than before.
- When
- Creedom.ai received its term sheet in about two weeks and raised around ₹4.1 crore in September this year.
- Where
- India.
- Why
- Competition among investors for early-stage AI startups is increasing, according to the article’s framing.
- Company
- Creedom.ai
- Founder and CEO
- Naveen Murugan
- Company focus
- AI-powered creative intelligence platform
- Funds raised
- Around ₹4.1 crore
- Funding timing
- September this year
- Term-sheet timing
- About two weeks
- Typical current response time
- Within weeks