There’s consensus now that seed to pre-Series A funding environment isn’t rebounding. In fact, 2017 has been worse than 2013/2012 globally, and trending back to 2014 levels for India.
There are no indicators that next 6 months will be drastically different. It doesn’t help that there’s too much noise in every sector, including AI, fintech, SaaS, etc. which leads to higher burden of proof for startups. Moreover, every investor is currently distracted by shiny new objects of blockchain & crypto, due to strong bull runs there.