India AI Leaderboard

How to read the scores

Two independent scales

Every company carries two independent 0–5 scores. SPS classifies structural position into tiers; GFS grades whether the growth engine is fit. Higher is stronger on both.

SPSStrategic Positioning Score

Classified into five tiers by structural defensibility. Advanced cut at 3.00.

Undefined

Emerging

Developed

Advanced

Differentiated

012345

Advanced cut · 3.00 Differentiated cut · 3.75

GFSGrowth Fitness Score

Grades whether the go-to-market engine is durable. Benchmark fitness sits at 3.50.

Broken

Fragile

Average

Strong

Elite

3.5 benchmark

012345

Below 3.50 - below fitness benchmark 3.50+ - durable

⚠ GFS rewards capital-efficient, durable growth. Companies growing rapidly while burning big are scored lower - velocity without fitness is a risk flag.

Cohort positioning map

SPS × GFS · 121 companies

Bubble size reflects ARR. Colour reflects evidence confidence. Click any bubble to open the company detail.

High confidence Medium confidence Low confidence Bubble size — ARR (small → large)

Moat without momentum

Position stronger than commercial conversion.

Compounder

Position and execution reinforce each other.

High SPS Strategic Position (SPS) Low SPS

Developing

Neither score has crossed high threshold.

Momentum w/o moat

Velocity may be renting the market.

Below benchmark Growth Fitness (GFS) Above benchmark

What the cohort tells us

Market structure · India AI

Because every company in this cohort operates in the same sector and geography, the patterns reveal more than company-level performance - they reveal the structure of the market itself. What are the structural constraints, and where is the hidden alpha?

Where positioning is won and lost

Cohort average across the five SPS dimensions, each normalised to a 0–5 scale. is the binding constraint; is where the market over-indexes. MCS = Market & Category · SMS = Strategic Moat · R2WS = Right-to-Win · TEP = Total Expansion Potential · BMS = Business Model Strength

How the cohort splits

Distribution across SPS tier, quadrant, and directional verdict.

Investor portfolios

VCs with 3+ companies in cohort

Click any investor to open the portfolio scorecard with benchmark and company detail.

Investor	# Companies	Mean SPS	Mean GFS	Advanced+	Bull verdicts

Ranked & scored

SPS Tier

GFS Tier

Verdict

Investor (3+ portfolio)

Rank

Company

SPS · Tier

GFS · Tier

Moat · Evidence

Verdict · vs Pool

ARR basis: A Actuals reported E Estimated R Rumoured

Moat ◆ Exceptional › Evidenced › Limited › None ◇ · Evidence ● High / Medium / Low