Another startup?!

Hey guys! I'm thinking of starting up a product based company, focusing on AI powered administrative and business intelligence tools on the cloud. I have a small team of 4 developers (including an UI/UX designer), initially we plan on breaking into the inventory management systems market and later on expanding into other fields. We're planning on using technologies like FastAPI, Flutter and AWS to build this product. Please feel free to really comment on the idea with respect to the current start up ecosystem of India. Also we're focusing on multi vendor inventory management systems specifically tailored to e-commerce and configurable to suit offline retail based systems.