ReferIndia News ‘We got massively outgunned overnight’: Indian startup founder shares how Google, ChatGPT crushed his AI startup

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‘We got massively outgunned overnight’: Indian startup founder shares how Google, ChatGPT crushed his AI startup

Published on: April 4, 2026, 10:03 p.m. | Source: The Financial Express

Bengaluru-based AI fashion startup NeuroPixel.AI, founded in 2022 by Arvind Venugopal Nair and Amritendu Mukherjee, has shut down after Google's image generation update wiped out its market overnight. Despite onboarding brands like FabIndia and WROGN, growing revenue to Rs 86 lakh in FY24, and raising Rs 46 crore in seed funding, the startup couldn't survive Big Tech's scale.

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