Top 36 AI Startups in India
Learn about the top AI Startups in India and the most important AI startups around the world!
Dall-E & ChatGPT (OpenAI, Microsoft), LLaMA (MetaAI), MidJourney, Bard (Deepmind, Google), and many generative AI startups and big-tech companies around the world have done tremendous work in the last few years. This made the year 2023 a key milestone year for AI and it seems Artificial Intelligence has finally arrived with full force.
AI Startups around the world and AI Startups in India are launching new tools, B2B products, generative AI products, and innovative solutions left and right. Some of these AI startups are building ground-up & innovative products and most of these are use cases on top of LLMs and their APIs.
In India, AI startups first appeared in 2016. Over the next two years, the AI startup industry will experience astounding growth. A recent report states that Bengaluru, India’s startup hub, received funding for $87.85 million for the AI sector.
Top 10 AI Startups In India
- Zoho
- ElasticRun
- Mockey.ai
- PhishGrid
- Rephrase.ai
- MachineHack
- Yellow.ai
- Blend
- Haptik.ai
- Uptrain AI
1. Zoho
Even though Zoho hasn’t built and launched anything yet, I am still putting this 1st in this list.
Zoho, an Indian multinational software development company, is building a large language model (LLM) similar to OpenAI’s GPT-3. The LLM will be used to power Zoho’s AI-driven communications products, such as Zoho Mail and Zoho Chat. The LLM is still under development, but Zoho hopes to release it soon.
The LLM could be used to improve the accuracy and fluency of Zoho’s AI-driven communications products. It could also be used to create new features, such as the ability to generate personalized responses to customer inquiries.
2. ElasticRun
ElasticRun is a technology-driven logistics platform that aims to transform the way goods and services are delivered in India. The platform utilizes AI and machine learning to optimize logistics operations and connect businesses with a network of on-ground entrepreneurs. ElasticRun offers a range of services including last-mile delivery, transportation, and procurement, catering to various industries such as e-commerce, FMCG, and retail.
3. Mockey
Mockey.ai is a platform that specializes in AI-powered mockup generation for design and prototyping purposes. It offers a range of tools and features to assist designers in creating realistic and visually appealing mockups for websites and mobile applications. By utilizing advanced algorithms and machine learning, Mockey.ai can automatically generate mockups based on design specifications and user inputs.
The platform provides a user-friendly interface with customizable templates, elements, and styles, allowing designers to iterate quickly and efficiently. With Mockey.ai, designers can save time and effort by automating the mockup creation process, resulting in faster prototyping and improved design workflows.
4. Hunto
Hunto.ai is a comprehensive cybersecurity service that offers complete lifecycle protection against a wide array of external threats through a three-phased approach: discovery, monitoring, and enforcement.
It provides a unified security interface that covers various aspects, including DMARC (Domain-based Message Authentication, Reporting, and Conformance) compliance, deep and dark web monitoring, digital attack surface monitoring, and brand defense
5. Rephrase.ai
Rephrase.ai is revolutionizing the way we create videos. By harnessing the power of generative artificial intelligence, this groundbreaking platform transforms text into engaging, professional-looking videos in mere minutes.
Whether you’re a business looking to enhance your marketing, an influencer aiming to captivate your audience, or an individual seeking to create content effortlessly, Rephrase.ai offers a seamless solution. Its ability to reduce production costs and time, while maintaining high-quality content with digital avatars, makes it a game-changer in video production. Discover the future of video creation with Rephrase.ai, where sophisticated AI technology meets creativity.
6. MachineHack
MachineHack.ai stands out as a dynamic and leading online platform for the generative AI community, launched in 2018. It offers an exclusive environment where data scientists, machine learning enthusiasts, and developers converge to tackle real-world challenges.
With its focus on career development and professional growth, MachineHack.ai caters to a wide range of expertise levels, from novices to seasoned professionals. MachineHack.ai is the perfect venue to test your skills, learn from peers, and push the boundaries of what’s possible in the world of AI.
7. Yellow.ai
An Indian AI startup called Yellow.ai provides the best conversational CX platform in the world for companies that focus on serving customers. The effective fusion of human and artificial intelligence has made it possible to scale up on-demand consumer experiences and active learning.
Building, automating, reacting, interacting, generating insights, and deploying are all parts of the complete customer lifecycle automation. It provides platforms like proprietary NLP, bot studio, agent-assist dashboard, campaign management, and others, in addition to solutions like automation for customer interaction, automation for customer support, automation for conversational commerce, automation for HR, and automation for ITSM.
8. Blend AI
Blend AI is redefining the landscape of e-commerce advertising with its AI-driven ad management platform. Tailored for e-commerce brands, Blend AI simplifies the complex world of online advertising, enabling businesses to effortlessly launch and optimize their ad campaigns. With its partnership with major social platforms and a user-friendly pricing model, Blend AI makes top-tier ad management accessible to all.
Its intuitive interface allows brands to connect with their audience and manage ads across multiple channels with ease, ensuring maximum reach and efficiency. Whether you’re an established brand or a burgeoning e-commerce business, Blend AI’s revolutionary approach to ad automation puts the power of advertising at your fingertips, transforming how you engage with your customers.
9. Haptik AI
Haptik is transforming the way brands interact with their customers. With its state-of-the-art NLU and industry-specific AI models, the platform offers unparalleled accuracy and efficiency, significantly reducing bot failures and enhancing customer engagement.
Whether it’s providing seamless product discovery, personalized recommendations, or round-the-clock customer support, Haptik’s AI solutions are tailored to meet the diverse needs of modern businesses. This makes Haptik an invaluable asset for any enterprise looking to elevate its customer experience and operational efficiency.
10. UpTrain AI
UpTrain is a Python framework that helps users to check the performance of their LLM applications on aspects such as correctness, structural integrity, bias, hallucination, etc.
UpTrain is designed to be easy to use, and can be integrated into your existing LLM codebase with minimal changes. It is also designed to be extensible, so that you can easily add your own checks and metrics.
Sudden rise in AI startups?
Technological Advancements:
There have been significant advancements in AI technology, particularly in areas such as machine learning, deep learning, and natural language processing. These advancements have made it easier and more affordable for startups to develop AI-based products and services.
Increased Computing Power:
The availability of high-performance computing resources, including cloud computing and GPUs, has made it feasible for startups to leverage complex AI algorithms and process large amounts of data.
There’s a big faction of AI engineers who support the idea of giving LLMs and their algorithms huge compute power to enhance the quality of AI outputs. While some engineers fight back saying that it is not truly AI if every kind of query is gets tons of compute thrown at it. Only time will tell if tech people will find solutions to reduce compute requirements.
Big Data Availability:
The explosion of digital data in various industries has created a wealth of information that can be utilized to train and improve AI models. Startups are leveraging this data to develop AI solutions that can extract valuable insights and solve complex problems.
26 More AI Startups in India Building Interesting Products
1. EightFold
Eightfold.ai is an AI-powered talent intelligence platform that aims to transform the way organizations attract, hire, and retain talent. It leverages artificial intelligence and machine learning algorithms to analyze vast amounts of data and provide valuable insights for both job seekers and employers. Major clients include Tata, Air Asia, Mobile Iron, Affirm, Global Logic, etc.
2. Druva
A cloud data platform offers data backup and protection solutions. It provides enterprises with a full range of endpoint data management solutions. Its main product offers business mobile workers backup, IT-managed file sharing, data loss prevention, data deduplication, and sophisticated analytics. It can be set up on-premises, in a private or public cloud. The system maintains and safeguards data across all devices with capabilities like mobile backup, remote wipe, device encryption, geolocation, and other features. The clients are NASA, McAfee, DHL, Leica, Merz Pharma, and KPMG.
3. Arya.ai
Arya.ai is a Mumbai-based AI company that works with other AI firms to find faster solutions to challenging issues. The organization serves the banking, insurance, healthcare, retail, and oil and gas industries.
Arya’s flagship product, Vega, helps users quickly create complex systems and automate numerous challenging solutions. Vega was developed to assist researchers, and data scientists develop Deep Learning Algorithms at scale. For instance, insurance companies may quickly process claims using the company’s platform. The outlet from Arya supports check automation in the banking sector.
The business now has offices in Singapore, the United Kingdom, and its Indian headquarters.
4. Myelin Foundry
Myelin Foundry is a deep-tech startup that develops high-performance artificial intelligence through computer vision and edge platforms. These algorithms are taught utilizing information from edge devices to influence human experiences and business outcomes. The business specializes in creating algorithms that can switch, scale, and configure on-the-fly while working in environments with limited resources, like low-cost, low-compute edge devices.
5. SigTuple
In 2015, SigTuple launched its Bengaluru operations after obtaining $25 million from investors. The company develops machine learning and AI-based diagnostic solutions for the medical industry.
The company’s AI platform was created to “filter and advanced diagnose urine, blood, and sperm samples, as well as retinal scans and X-rays.” SigTuple’s AI algorithms first examine the patient’s samples. Then, after being reviewed by a pathologist, they are sent back to the treatment location in 5 minutes.
As a result, initial diagnoses are made quickly, and ambulances can be sent out to provide patients with emergency drugs. The company is also renowned for creating an automated microscope to compensate for the lack of pathologists.
6. Data Science Wizards
Data Science Wizards (DSW) provides businesses with data science platforms and solutions, providing platforms and tools for AI and data analytics to support data-driven decision-making. To successfully move AI initiatives from experimental to production, DSW offers organizations a flexible technological core, a unified data pipeline, and cooperation between business and technology teams via the DSW flagship AI Platform, “UnifyAI.”
7. Heaps
Dr Suman Katragadda established Heaps Health Solutions, a global health tech platform and SaaS (Software-as-a-Service) provider that transforms healthcare delivery and payment models via advanced data analytics, AI, and ML. The main parties with which the startup works together are patients, payers (insurance companies), providers (hospitals), and large businesses. The platform enables the management and coordination of patient care, and ML and AI technologies are added to it to customize care management plans for each patient or policyholder. The business raised Rs 550 million in a Series A round in January of this year from HNI investors and family offices for its growth. The Mumbai-based NVS Wealth Managers and the Rajiv Dadlani Group led the financing.
8. Avaamo
One of the most cutting-edge Indian AI startups in 2022 will be Avaamo, a conversational AI platform. With Voice demo — patient scheduling, it offers immediate and individualized assistance to patients in the healthcare, banking, education, insurance, and supply chain sectors.
This AI startup in India helps any business create a virtual assistant through solutions incorporating various automation skills based on industry. A conversational AI platform, intelligent virtual assistants, contact center AI, cognitive search, voice AI, security, and compliance are just a few of its services.
9. Mad Street Den
Develops AI solutions for retail and e-commerce, including visual search and virtual try-on technologies. Mad Street Den is providing an enterprise AI platform that is indispensable for businesses seeking to enhance productivity and drive innovation.
10. Locus.sh
Offers AI-powered logistics optimization and management solutions.
11. Active.Ai
Specializes in conversational AI for banking and financial services.
12. AIndra Systems
Develops AI-based solutions for medical diagnostics and healthcare.
13. Artivatic Data Labs
Provides AI-based underwriting and risk assessment solutions for insurance.
14. Fintellix Solutions
Offers AI-powered regulatory reporting and risk management solutions for banks.
15. Absentia
Focuses on AI-driven virtual reality and gaming experiences.
16. Intello Labs
Provides AI-powered image recognition and quality assessment solutions for agriculture and food processing industries.
Entropik TechSpecializes in AI-based emotion recognition and analytics for market research and user experience.
17. Stellapps
Develops AI and IoT-based solutions for dairy and agriculture management.
18. Niramai
Focuses on AI-powered breast cancer screening and diagnostics.
19. Observe.AI
Provides AI-driven voice analytics and quality monitoring solutions for call centers.
20. Netradyn
Focuses on AI-powered driver safety and fleet management solutions.
21. Uncanny Vision
Provides AI-based video analytics solutions for surveillance and security.
22. Fluid AI
Offers AI-powered chatbot and virtual assistant solutions.
23. Morph.ai
Develops AI-driven chatbot and marketing automation solutions.
24. Chatteron
Provides AI-based chatbot development and customer support solutions.
25. Niki
Specializes in AI-powered voice-based personal assistants and commerce solutions.
26. VPhrase
Develops AI-powered natural language generation solutions for data analytics and reporting
In recent years, businesses all around the nation have begun to use AI as a critical technology increasingly. Startup’s use of AI has been notable in this environment. By utilizing artificial intelligence and related evolving technologies like NLP, Computer Vision, ML, and DL, several AI-based firms serve the needs of both end consumers and other enterprises.
The funding that startups have received in recent years reflects the expansion of numerous AI-powered firms. Even creators are building exclusive content around AI, for example Overpowred AI YouTube channel by Varun Mayya and Tanmay Bhatt.
As a result of the enormous growth in the AI area, India has established itself as a country with a robust ecosystem that enables AI startup specialists and entrepreneurs to launch their businesses. We are yet to see AI Startups and AI companies from India to make a huge global impact, but the industry has just began and there’s a long way to go.
