Top 10 AI Startups in India

AI Startups

AI Startups in India have been at the forefront of the global transformation of industries through artificial intelligence (AI). Here, we explore ten pioneering Artificial intelligence startups based in India, each pushing the boundaries of innovation in their respective fields. From healthcare diagnostics and logistics optimization to conversational Artificial intelligence and retail tech, these companies leverage Artificial intelligence to solve complex problems and drive efficiencies. Let’s delve into their stories and contributions to the evolving landscape of artificial intelligence.

1. Niramai

Niramai (Non-Invasive Risk Assessment with Machine Intelligence) is an AI startup focused on early and accurate breast cancer screening. Founded in 2016 by Geetha Manjunath and Nidhi Mathur, Niramai uses a combination of thermal imaging, artificial intelligence, and cloud computing to detect breast cancer at a much earlier stage than traditional methods. Their technology, Thermalytix, analyzes thermal images to identify abnormal patterns that could indicate the presence of cancerous tissue, offering a non-invasive and privacy-sensitive alternative to mammography. Niramai’s approach has the potential to significantly improve breast cancer detection rates, particularly in underserved areas where access to traditional screening methods is limited.

AspectDetails
Founded2016
FoundersGeetha Manjunath, Nidhi Mathur
HQ LocationBangalore, India
IndustryHealthcare
TechnologyArtificial intelligence, Machine Learning, Thermal Imaging
ProductThermalytix
FundingSeries A, Series B
Websiteniramai.com

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2. SigTuple

SigTuple, founded in 2015 by Rohit Kumar Pandey, Apurv Anand, and Tathagato Dastidar, leverages artificial intelligence to revolutionize medical diagnostics. Their platform automates the analysis of medical data such as blood samples, urine samples, and medical images, enabling faster and more accurate diagnosis. SigTuple’s Artificial intelligence-powered solutions help healthcare providers improve efficiency and scalability while reducing diagnostic errors.

AspectDetails
Founded2015
FoundersRohit Kumar Pandey, Apurv Anand, Tathagato Dastidar
HQ LocationBangalore, India
IndustryHealthcare
TechnologyArtificial intelligence, Machine Learning, Medical Diagnostics
ProductArtificial intelligence for medical diagnostics
FundingSeries A, Series B
Websitesigtuple.com

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3. Artivatic

Artivatic is an AI startup founded in 2017 by Layak Singh and Rahul Chhabra. It specializes in building AI/ML-based products and solutions for insurance, finance, and healthcare sectors. Artivatic’s platform uses deep learning algorithms to enable real-time decision-making, risk assessment, and personalization of services, thereby enhancing operational efficiency and customer engagement for businesses.

AspectDetails
Founded2017
FoundersLayak Singh, Rahul Chhabra
HQ LocationBangalore, India
IndustryInsurtech, Fintech, Healthcare
TechnologyArtificial intelligence, Machine Learning
ProductArtificial intelligence/ML-based products for finance
FundingSeed, Series A
Websiteartivatic.ai

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4. Locus.sh

Locus.sh, founded in 2015 by Nishith Rastogi and Geet Garg, offers an Artificial intelligence-powered logistics optimization platform. The AI startup uses machine learning algorithms to help businesses automate and optimize their logistics operations, including route planning, real-time tracking, and fleet management. Locus.sh’s technology aims to reduce logistics costs, improve delivery efficiency, and enhance overall supply chain management for enterprises across various industries.

AspectDetails
Founded2015
FoundersNishith Rastogi, Geet Garg
HQ LocationBangalore, India
IndustryLogistics
TechnologyArtificial intelligence, Logistics Optimization
ProductArtificial intelligence-driven logistics optimization platform
FundingSeries A, Series B
Websitelocus.sh

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5. Staqu

Staqu, established in 2015 by Atul Rai, is an AI startup that develops innovative solutions for video analytics, image recognition, and natural language processing. The company’s Artificial intelligence-powered platforms cater to various sectors including law enforcement, retail, and e-commerce, providing tools for facial recognition, object detection, and sentiment analysis. Staqu’s technology aims to enhance security measures, improve customer experience, and optimize operational processes through intelligent automation.

AspectDetails
Founded2015
FounderAtul Rai
HQ LocationGurgaon, India
IndustryArtificial intelligence, Video Analytics, NLP
TechnologyArtificial intelligence, Machine Learning, Computer Vision
ProductVideo analytics and image recognition
FundingSeries A, Series B
Websitestaqu.com

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6. Mad Street Den

Mad Street Den, founded by Ashwini Asokan and Anand Chandrasekaran in 2013, specializes in artificial intelligence and computer vision. The company’s flagship product, Vue.ai an AI startup, utilizes Artificial intelligence to provide retailers with personalized shopping experiences through visual intelligence. Mad Street Den’s technology enhances product discovery, recommendations, and virtual try-on capabilities, aiming to revolutionize how consumers interact with e-commerce platforms.

AspectDetails
Founded2013
FoundersAshwini Asokan, Anand Chandrasekaran
HQ LocationChennai, India
IndustryArtificial intelligence, Retail Tech
TechnologyArtificial intelligence, Machine Learning
ProductVue.ai
FundingSeries A, Series B
Websitemadstreetden.com

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7. Arya.ai

Arya.ai, founded in 2013 by Vinay Kumar Sankarapu and Deekshith Marla, focuses on developing artificial intelligence tools and solutions for enterprises. The startup’s Artificial intelligence platform enables businesses to build, deploy, and manage Artificial intelligence-driven applications across various domains, including healthcare, finance, and robotics. Arya.ai’s technology emphasizes on enhancing algorithmic efficiency and scalability, empowering organizations to leverage Artificial intelligence for innovation and operational excellence.

AspectDetails
Founded2013
FoundersVinay Kumar Sankarapu, Deekshith Marla
HQ LocationMumbai, India
IndustryEnterprise Solutions
TechnologyMachine Learning, Enterprise AI
ProductArtificial intelligence platform for enterprises
FundingSeed, Series A
Websitearya.ai

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8. Active.ai

Active.ai, established in 2016 by Ravi Shankar and Parikshit Paspulati, offers conversational Artificial intelligence solutions for banking and financial services. The AI startup’s Artificial intelligence platform enables banks to provide personalized customer interactions through virtual assistants and chatbots. Active.ai’s technology facilitates natural language understanding, sentiment analysis, and transactional capabilities, enhancing customer engagement and operational efficiency in the financial sector.

AspectDetails
Founded2016
FoundersRavi Shankar, Parikshit Paspulati
HQ LocationSingapore (with operations in India)
IndustryFintech, Artificial intelligence
TechnologyArtificial intelligence, Virtual Assistants
ProductArtificial intelligence-powered virtual assistants for banking
FundingSeries A, Series B
Websiteactive.ai

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9.Innovaccer

Innovaccer’s platform integrates and analyzes healthcare data from multiple sources, including electronic health records (EHRs), claims data, and other medical databases. By leveraging AI and machine learning algorithms, Innovaccer an AI startup provides actionable insights to healthcare providers, enabling them to enhance patient care, optimize operational efficiency, and drive population health management initiatives.Innovaccer’s innovative approach to healthcare analytics helps organizations transition from fee-for-service to value-based care models. Their AI-driven solutions enable predictive analytics for early disease detection, personalized treatment plans, and proactive patient management. This not only improves health outcomes but also reduces healthcare costs and enhances overall patient satisfaction.

AspectDetails
Founded2014
FoundersAbhinav Shashank, Kanav Hasija, Sandeep Gupta
HQ LocationSan Francisco, USA (Operations in India)
IndustryHealthcare Technology
TechnologyAI, Machine Learning, Healthcare Analytics
ProductData integration and analytics platform
FundingSeries A, Series B
Websiteinnovaccer.com

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10. Haptik

Haptik an AI startup, founded in 2013 by Aakrit Vaish and Swapan Rajdev, is a conversational Artificial intelligence platform that enables enterprises to build chatbots and virtual assistants for customer support and engagement. The AI startup’s Artificial intelligence -powered solutions automate interactions across various channels including voice, chat, and email, providing personalized experiences and improving customer satisfaction. Haptik’s technology supports industries such as telecom, e-commerce, and financial services, facilitating seamless customer interactions and operational efficiency.

AspectDetails
Founded2013
FoundersAakrit Vaish, Swapan Rajdev
HQ LocationMumbai, India
IndustryConversational Artificial intelligence, Customer Support
TechnologyAI, Natural Language Processing, Chatbots
ProductAI-powered chatbots and virtual assistants
FundingSeed, Series A, Series B
Websitehaptik.ai

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FAQ on AI Startups in India:

Q: What industries do these AI startups in India operate in?
A: The AI startups listed operate in diverse industries such as healthcare, logistics, fintech, retail tech, enterprise solutions, and conversational Artificial intelligence.

Q: What are some key technologies these startups use?
A: These startups utilize technologies like machine learning, deep learning, computer vision, natural language processing (NLP), and AI-driven analytics.

Q: How are these AI startups funded?
A: Funding sources include seed funding, Series A, Series B rounds, and investments from venture capital firms and strategic investors.

Q: What are some notable products developed by these AI startups?
A: Products range from Artificial intelligence-powered healthcare diagnostics (like breast cancer screening) and logistics optimization platforms to conversational AI for customer support and personalized retail experiences.

Q: How are these AI startups contributing to innovation in India’s tech ecosystem?
A: They are driving innovation by solving complex challenges with Artificial intelligence, improving operational efficiencies, enhancing customer experiences, and pushing the boundaries of what’s possible with technology.

Q: Where are these startups headquartered?
A: Most are headquartered in major tech hubs like Bangalore, Mumbai, and Gurgaon, with some having operations in international markets as well.

Q: How can I learn more about these startups?
A: Visit their official websites, read about their latest developments in tech news, follow their social media channels, or explore industry reports and analyses.

Conclusion:

In conclusion, the landscape of Artificial intelligence startups in India showcases remarkable innovation and entrepreneurship. These ten companies exemplify how AI technologies are being harnessed to disrupt traditional industries, improve healthcare outcomes, optimize logistics operations, enhance customer engagement, and more. As these startups continue to grow and evolve, they not only contribute to India’s tech ecosystem but also make significant strides in shaping the future of artificial intelligence globally. Keep an eye on these innovators as they continue to push boundaries and redefine what’s possible with Artificial intelligence.

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