Artificial Intelligence (AI) and Machine Learning (ML) are technologies that have seen a tremendous uplift both in terms of investment and innovation in the past three years. They are now being implemented across diverse verticals such as manufacturing, healthcare, fashion, agriculture, real estate, voice-based solutions, etc.
In India, AI startups started emerging in the year 2016.
Over the next two years, the growth in the AI startups space has been staggering.
A recent report estimated that around $87.85M was alone raised in the AI space in India’s startup capital, Bengaluru.
Owing to the spectacular growth in the AI sector, India has emerged as a nation with a robust ecosystem that enables AI startup professionals and founders to kick-start their ventures. Through this blog, we will also take a look at the Top AI startups in India and across various cities. If you wish to get a job at these top startups, it is essential to have adequate knowledge about the domain. Upskilling with the help of artificial intelligence courses will help you learn the necessary skills.
- AI Startups in Bangalore
- AI startups in Hyderabad
- AI startups in Pune
- AI startups in Chennai
- AI startups in Mumbai
- AI startups in Delhi
- AI startups in Gurgaon
- AI startups in Coimbatore
Top Artificial Intelligence (AI) startup Companies in India
1. Manthan
Employee Strength: 501 – 1000 | Glassdoor Rating: 3.6
- Manthan is an AI-based analytics company that was founded in 2003 with an initial investment of $98 million.
- The company’s AI-powered retail analytics platform provides prescriptive and descriptive analytics for users, grow customer engagement, and recommend actions.
- Manthan’s AI platform caters to 170 customers across 21 countries.
- It helps them in various areas such as marketing, customer targeting, inventory, pricing, and promotions.
- The Bengaluru-based company also has a Natural Language Processing(NLP) engine called Maya.
- Maya acts as a business assistant and can answer questions such as sales trends, last month’s profits, etc.
- In 2018, Forrester Research named Manthan as a strong performer in its Customer Analytics Solutions Wave Q2 report.
2. SigTuple
Employee Strength: 51 – 200 | Glassdoor Rating: 3.6
- By raising $25 million in 2015 from investors, SigTuple began its operations in Bengaluru.
- Using AI and machine learning, the startup develops medical diagnostic solutions. The company’s AI platform is built to perform “screening and advanced diagnosis of urine, blood, semen samples, along with retinal scans and X-rays.”
- A patient’s samples are first analysed by SigTuple’s AI algorithms. They are then sent to a pathologist for review and finally sent back to the point-of-care in 5 minutes.
- So in this process, initial diagnosis is done quickly and ambulances can be dispatched to carry emergency medicines to patients.
- The company is also known for creating an automated microscope to make up for the lack of pathologists.
3. Mad Street Den
Employee Strength: 51 – 200 | Glassdoor Rating: 4
- Mad Street Den is one of India’s first AI and Computer Vision startups.
- The Chennai-based company aims to bring AI into the daily lives of customers in verticals such as IoT and connected cars, user engagement & analytics, online fashion, mobile gaming, social media, etc.
- Vue.ai is the company’s flagship product which serves retailers, specifically in fashion, across the globe.
- It also makes the shopping experience more meaningful to customers by showcasing products that are most relevant to them across sites, apps, and stores.
- The company caters to clients across Asia, Middle East, US, and Europe. Its clientele includes brands such as Voonik, Tata, Zilingo, Craftsvilla, etc.
- Mad Street Den was also included in Bloomberg’s 2017 list of the world’s 50 most promising startups.
4. Haptik
Employee Strength: 51 – 200 | Glassdoor Rating: 4.6
- Haptik specializes in developing AI-based chatbots for enterprises, service companies, and consumers. The company was founded in 2013 in Mumbai with a $12 million funding. Haptik provides specialized bots for various industry applications.
- It also provides customers with a
1. Hybrid interface for human-to-AI transitions
2. Drag-and-drop bot builder
3. Detailed conversation analytics. - In 2018, Haptik entered into a partnership with Amazon AWS. This partnership will enable the company to incorporate AWS’s cloud offering, AI tools, and advanced database framework.
- The company’s global clientele includes well-known names such as Coca Cola, Amazon Pay, and Samsung.
5. Flutura
Employee Strength: 51 – 200 | Glassdoor Rating: 3.7
- Flutura is an IoT startup based out of Bengaluru.
- The company is a provider of big data analytics solutions with a vision to transform operational outcomes by monetizing machine data.
- The company’s flagship product is called Cerebra. Through AI, Cerebra provides diagnostics and prognostics to unlock new business value for energy and engineering customers across the world.
- The company has clientele such as Hitachi, Henkel, Sodexo, GTT, etc.
- It also has notable partnerships with Bosch, Halliburton, and Siemens.
- Flutura was recognized by CIO Review magazine as one of the Top 20 Most Promising Big Data companies in 2015.
6. Uncanny Vision
Employee Strength: 1 – 50 | Glassdoor Rating: 4.5
- Another Bengaluru-based startup, Uncanny Vision uses Deep Learning-enabled vision algorithms that run on Edge servers, to develop surveillance solutions.
- The company delivers scalable and cost-effective security for next-generation smart industries and safe cities.
- For high-value customers in banking and retail, Uncanny Vision also enables real-time actionable surveillance and analytics.
- The company graduated from the Target Accelerated Program in 2016.
- It was also part of the third edition of Nasscom Innotrek 2016.
- At the Nasscom Awards 2017, it was selected as one of India’s Most Innovative Top 50 Emerging Software Product Companies.
- Uncanny Vision is also the winner of YourStory’s search for Top 30 Tech Startups for 2018.
7. Arya.ai
Employee Strength: 1 – 50 | Glassdoor Rating: 3.5
- Arya.ai is a Mumbai-based AI startup that helps other AI startups solve complex problems at a much faster pace.
- The company caters to industry verticals such as Banking, Insurance, Medicine and Healthcare, Retail, and Oil and Gas.
- Through its core product, Vega, Arya helps in building complicated systems really fast and helps users in automating multiple complex solutions.
- Vega was designed for researchers and data scientists to build Deep Learning Algorithms at scale. For example, using the company’s platform, insurance firms can process insurance claims in minutes.
- In the banking industry, Arya’s platform helps in cheque automation.
- Apart from being based in India, the company is also spread across the UK and Singapore.
8. Bash.ai
- Founded in 2017, Bash.ai helps in automating HR systems and procedures complete with virtual assistants and replicating cognitive HR functions.
- Using AI and big data, the company powers virtual assistants and drives HR for businesses by mimicking cognitive functions related to HR.
- Bash’s AI chatbot helps companies get a real-time and highly accurate way to automate conversation with employees.
- The company provides 24/7 assistance, is super fast and increases productivity.
- The AI-powered HR chatbot can be accessed using instant messengers such as Skype, Slack, and Facebook Messenger.
- Currently, Bash.Ai offers modules such as ticketing, HR helpdesk, post-hire orientation, organize HR activities, employee engagement, and payslips related queries.
- The company’s main aim is to create an ecosystem where humans and AI co-exist efficiently in the HR settings.
9. Niki.Ai
Employee Strength: 51 – 200 | Glassdoor Rating: 4.1
- Niki.Ai was founded in 2015 with seed money of $2.4 million.
- The company’s main product is an AI-based shopping assistant and chatbot.
- The AI assistant helps customers with the help of NLP and ML by helping them shop for products and services over a chat interface.
- It also helps in automating things like online ordering, phone recharges, and payments.
- The company currently caters to over 2 million consumers and provides 20+ services.
- The intelligent chatbot is now available on Android, iOS, and Facebook Messenger.
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AI Startups in Bangalore
Bangalore has been identified as one of the fastest-growing cities in the world between 2019 and 2035. The talent available through various educational institutions, excellent government policies that encourage research, development and innovation, and even the pleasant climate all contribute to making Bangalore attractive to startups.
Bengaluru-based startups were able to attract more funders in 2016 than both Mumbai and Delhi together. Startups in Bangalore have raised over $50 billion since 2010, of which about 40% was raised between 2016 and 2019.
In addition to biotechnology companies, chip design houses and various R&D centres, there are many AI startups in Bangalore. These startups utilise AI effectively in various sectors, from healthcare to news dissemination. You can also take up various machine learning and artificial intelligence course in Bangalore that will help you land a job.
1. DailyHunt
This AI startup in Bangalore was founded in 2007. DailyHunt is an India-exclusive news-based company that curates news headlines and updates from various regions in the country. It provides content in 14 Indian languages from multiple sources.
It started as Newshunt. This Bengaluru-based content startup later was rebranded as Dailyhunt in 2015. It aggregates content from newspapers and websites in multiple Indian regional languages, including Marathi, Gujarati, Tamil and Bhojpuri. Dailyhunt’s services also include original video content in Hindi and Telugu and free live TV streaming in multiple regional languages.
The Company has received more than $100 million in financing from Google, Microsoft and Falcon Edge’s Alpha Wave Incubation. At a valuation of more than $1 billion, it is the country’s first tech unicorn focused on local languages. Its total funding equals $346.6 million. Existing investors include the Sofina Group and Lupa Systems.
The Company claims its machine-learning technologies enable smart curation of content and tracks user preferences.
Employee Strength: 500 – 1000/ Glassdoor Rating = 3.6
2. MFine
Founded in Bangalore in 2017, this health-tech startup has developed an AI-powered telemedicine mobile application that allows consumers to find the best specialist doctors around them. It also has references to medical stores, offers sample collection services for testing and a host of other related services.
Mfine, a health-tech startup has developed an AI-powered telemedicine mobile app. This app connects instantly to specialist doctors across more than 30 specialities and from well-known and trusted hospitals via chat, audio or video call.
The Company’s platform allows users to consult doctors from hospitals of their choice to get prescriptions and/or routine care.
Their main aim is to make access to trusted healthcare simple, fast, and effective by simplifying the process of doctor consultation. Their endeavour is to deliver proper online medical help to heal quicker and better without patients having to wait needlessly.
Investors include SBI Investment, SBI Ven Capital, BEENEXT, Stellaris Venture Partners, Prime Venture Partners, Alteria Capital etc.
Mfine has total funding of approximately $45 million.
Employee Strength: 201 – 500/ Glassdoor Rating = 4.1
3. NetraDyne
An innovative AI startup in Bangalore, NetraDyne is committed to transforming road safety. The Company uses state-of-the-art technologies in artificial intelligence (AI), machine learning (ML) and edge computing to decrease the incidences of road mishaps and create better road safety standards. Greater awareness is created among commercial drivers about risky driving behaviour; safe driving and sound decision making is rewarded.
Netradyne was founded in 2015 as a developer of fleet management technology aimed at bringing transformational services to the transportation industry. The Company believes that intuitive, deep-learning, vision-based technology is the future of transportation safety.
Designed to minimise road accidents, this app helps create a new safe driving standard for commercial vehicles. Mapping helps visualise data and quickly identify opportunities and issues to improve safety and optimise overall fleet operations.
Netradyne’s technology aims at empowering drivers by providing them with excess awareness of road safety and risky driving behaviour to reduce driving incidents and protect them against false claims.
Netradyne is unique in that they provide a holistic view of the driving experience. They are able to highlight drivers’ great driving and allow them visibility into everything they experience while on the road. Netradyne has total funding of close to $60 million.
Employee Strength: 100 – 200 / Glassdoor Rating – 3.9
4. Vymo
This fabulous cloud-based sales app truly stands out in the midst of myriad other sales apps. Since being founded in 2013, Vymo is one of the fastest-growing SaaS companies globally. This app assists companies in automating their sales activities and makes the whole sales process less complicated.
Vymo is a personal assistant app for enterprise sales/service teams. It predicts the steps a rep or manager should take next, and detects whether the events have taken place in the past, and further links to drive better predictions.
This app automates sales activities. It focuses on sales effectiveness by capturing rich, contextual data. It then processes this data to generate actionable insights that assist managers in making need-based interventions to effectively close deals.
The Company’s aim is to help its clients achieve an unprecedented degree of sales productivity and effectiveness in a short span of time. The Company has raised a total of $23 million in funding.
Employee Strength: 51-100 / Glassdoor Rating = 3.8
AI startups in Hyderabad
Hyderabad is the main centre for the technology industry. Although not in the same league as Bangalore in the IT and startup domains, it is fast becoming the city of choice for startups in India. In fact, Hyderabad is home to about 15% of the total startups in the country. Taking up Artificial Intelligence training in Hyderabad will help you enhance your skills and increase your chance of landing a great job!
Notable among these AI startups in Hyderabad are:
1. KeyPoint Tech – a user interface technology provider
Employee Strength: 51 – 200/ Glassdoor rating – 3.3
- Founded in 2004, it involves a team of innovators who design innovative language technology.
- The Company believes in expanding expertise and research to develop superior technology solutions across multiple platforms and devices.
- They are very conscious of allowing employees to maintain a work-life balance to sustain quality work culture.
2. Credit Vidya – an alternate credit scoring platform
Employee Strength: 150 – 200 / Glassdoor rating – 4.0
- CreditVidya’s SDK accesses only transactional SMSes with filters to omit messages containing OTPs, passwords or any similar identifiers.
- Anonymization or removal of unwanted personally identifiable information (PII) is done at source.
3. Quantela – an AI-based urban services platform
Employee Strength: 160 – 200 / Glassdoor rating – 4.2
- Quantela is an ISO-27001 certified new age Digital Technology Solutions Company.
- The main focus of this company is to be the intelligence behind every city.
4. Joveo – a programmatic job advertising platform
Employee Strength: 100 – 200 / Glassdoor rating – 4.5
- The company effectively uses machine learning and AI, to ensure that job ad placements and bids on down-the-funnel metrics are more efficient.
- They are able to effectively execute data-driven recruitment media campaigns, resulting in more relevant applicants.
AI startups in Pune
Popularly referred to as the ‘Oxford of the East, Pune is a major learning hub. In fact, it is similar to Bangalore if compared to the parameters of talent available, the enthusiastic ambience, and the number of entrepreneurs.
In 2019, there were over 2000 startups in Pune, an increase of approximately 80% over the numbers in 2017. Wish to join any of these startups? Enrol in artificial intelligence training in Pune and upskill now.
There are currently over 135 AI startups in Pune, a few of which have been listed here:
1. Helpshift
A mobile-first customer service platform allows developers to gather data from users’ devices and rectify issues more efficiently.
Employee Strength: 51 – 200 / Glassdoor Rating – 3.7
- Helpshift takes consumer preferences for communication seriously.
- Being a complete and versatile customer service solution makes it a one-stop-shop for brands to care for their customers and boost customer satisfaction and engagement.
2. Altizon
A provider of an industrial platform for manufacturing applications. Companies can use data from machines to make astute business decisions.
Employee Strength: 51 – 200 / Glassdoor Rating – 3.4
- Founded in 2013, Altizon is helping enterprises leverage machine data to drive business decisions.
- It is spearheading a digital initiative across various verticals, including Chemicals, Automotive, CPG, Tires among others.
3. Shoptimise
A provider of a cloud-based platform for end-to-end eCommerce solutions. It facilitates the creation of online stores, backend systems etc.
Employee Strength – 100+ / Glassdoor Rating – 3.7
- Founded in 2012, Shoptimise places great emphasis on core values like empathy, trust, equality and innovation.
- It is an online shop for grocery items and allows brands to reach consumers digitally.
4. NLPBots
A service that develops chatbots for integration across websites, applications and messaging platforms.
Glassdoor Rating – 3.2
- NLPBots aims at making man-machine conversations intuitive and meaningful and also solve enterprise systems’ inability to understand unstructured text
- The platform has helped solve cases for large enterprises from automobile majors to pharmaceutical giants, from legend enterprises to new age unicorns.
AI startups in Chennai
Chennai has historically had the distinction of having highly skilled and extremely talented individuals. Initially overlooked as a city of choice for startups because of the lack of investors, Chennai is fast gaining popularity because of the Special Economic Zones, a more reasonable standard of living, and access to funding. Taking up an artificial intelligence course in Chennai will help you enhance your AI skills.
At the moment there are about 150 AI startups in Chennai. Among those worth a mention are:
1. Freshworks
A cloud-based business communication and management solutions provider.
- The company believes that businesses deserve better software that is ready to go, easy to set up and use and requires minimal customisation.
- Freshworks has over 40,000 customers worldwide
2. Perfint Healthcare
A company that specializes in medical device technology and develops diagnostic equipment to aid the study and research of cancer.
- Founded with the mission of bringing innovative advances to the field of Image Guided Therapies, Perfint had partnered with top-notch physicians to improve the quality of life of those fighting cancer and struggling with pain.
3. AntWorks
A company which provides integrated artificial intelligence and intelligent automation solutions for enterprises.
- The company has focussed on harnessing AI and enables companies to digitise, extract and curate unstructured data and focus on decision-making rather than data-processing.
4. Facilio
A SaaS-driven facility operations and maintenance software.
- The company aims at empowering people and machines to achieve their highest efficiency level.
- Their mission is to deliver the best technology to create real-time, smart facilities for all interacting with a building.
AI startups in Mumbai
Mumbai is popular for its reputation as the financial, commercial and entertainment capital of India. It closely rivals Bangalore as a major startup hub because of the availability of varied allied services that may be needed by entrepreneurs to nurture and grow their startups. The excellent base of potential customers, ease of transportation, international-level institutes are ensuring a steady talent pool are among the driving factors. Joining an Artificial intelligence and Machine learning course in Mumbai will help you stay ahead of the competition and power ahead your career.
Among the many different kinds of startups, there are over 250 AI startups in Mumbai.
1. LogiNext
A provider of cloud and AI-based logistic management software.
- The company’s logistics management software tracks workforce in realtime on a single map interface.
- It offers various services allowing businesses to plan and optimize the logistics of their operations.
- Employee Strength: 125 – 200/ Glassdoor Rating – 3.6
2. SMEcorner
An online platform that facilitates loans to SMEs from banks and NBFCs
- Founded in 2014, SMEcorner has helped a number of micro, small and medium enterprises become aware and access business loans from various lending institutions.
- Employee Strength: 200 – 400 / Glassdoor Rating – 3.9
3. Qure.ai
An AI-based clinical decision support tool that aids in the analysis of diagnostic images
- The company was founded in 2016 with the mission of using AI to make healthcare more cost-effective and easier to access.
- The company’s core team does this by combining clinical, scientific and regulatory knowledge with deep learning expertise.
- Employee Strength: 100 -200 / Glassdoor Rating – 4.9
AI startups in Delhi
Delhi-NCR is poised to be one of the top five startup hubs in the world, with the appropriate support and intervention from the government and private sector alike. The startup community can find tremendous support with funding in the early stages of their business life cycle, which is an important determinant to their ability to scale, grow and develop. The cumulative valuation of startups in Delhi is estimated to be at $150 billion by 2025. Want to be part of the AI startups world in Delhi? Take up Artificial intelligence training in Delhi and power ahead your career.
Among the 202 AI startups in Delhi, the ones to watch out for are:
1. ShipRocket
- Founded in 2013, it is India’s first automated shipping software and aims to reduce ecommerce shipping.
- It allows printing of bulk shipping labels to ship products all over the world using a single platform.
- Employee Strength: 250 – 300/Glassdoor ratings – 3.8
2. Eupheus
- The Company’s main focus is to reduce the divide between what is taught in-class using textbook driven solutions and retail at-home, learning providers by attempting to integrate both.
- Employee Strength: 51-200 / Glassdoor ratings – 4.9
3. Goals 101 Data Solutions
- The company’s flagship platform, Alpha uses raw data points and transforms them into multiple successful end-to-end campaigns, creating deep insights, which are relevant and result in customer delight.
- Employee Strength: 85 – 150 / Glassdoor ratings – 4.2
4. Procol
- The company was founded in 2018 with the mission to build the world’s most trusted business network and help businesses collaborate, transact simpler and faster.
- Employee Strength: 50 – 100 / Glassdoor ratings – 4.7
5. Pickrr
- Founded in 2015, Pickrr is India’s No.1 exponentially growing end-to-end logistics and Technology startup.
- It has been backed by global impact investors and global business veterans.
- Employee Strength: 50 -100 / Glassdoor ratings – 4.4
AI startups in Gurgaon
Gurgaon is popular for the presence of MNCs and large corporations in the city. With many significant businesses being a part of this city, it has the distinction of having the third-highest per-capita income in India. Owing to the many benefits offered to entrepreneurs, the city will soon become a preferred option for startups.
Companies based here have access to a large talent and labour pool, access to excellent civic facilities and transport systems, and face much less bureaucracy than other Indian cities.
There are about 150 startups in the city. Of these, the top AI startups in Gurgaon worth a mention are:
1. GreyOrange
Employee Strength: 50 – 1000 / Glassdoor Rating – 3.6
- Founded in 2011, with the objective of automating warehouse fulfillment using a combination of AI-Software and autonomous mobile robots to deliver high yield fulfillment.
2. INDWealth
Employee Strength: 101-250 / Glassdoor Rating – 4.1
- This company was founded in 2018 with the legal name Finzoom Investments
- It is an artificial intelligence and machine learning-based wealth management platform for high-net-worth families.
- The platform allows clients to track and organise their financial life across different investment avenues, expenses, loans, and associated taxes.
3. Knowlarity
Employee Strength: 650 – 800 / Glassdoor Rating – 4.0
- Founded in 2009, this company provides cloud-based customer service and sales call handling solutions to businesses.
- The company has over 15,000 customers spread across 65 countries in South East Asia and the Middle East to whom it provides business communication services through video and voice via AI enabled ChatBots / VoiceBots.
AI startups in Coimbatore
Traditionally, Coimbatore has been popular for a variety of trades and business. Given its traditionally entrepreneurial spirit, it is not surprising to see why this city is becoming increasingly attractive as a haven for startups.
Given that the startup ecosystem is still in the nascent stages, there are not many AI startups in Coimbatore.
This list will, however, give you an idea of a few AI startups in Coimbatore.
1. Farmagain
- Farmagain was founded in 2013 with the main aim of solving farming-related challenges and making the farmer more productive and profitable.
- The company is working towards bringing precision agriculture to the real world by combining their knowledge and experience in agronomy with advanced technologies like Artificial Intelligence and IoT.
2. ICR.ai
- Founded in 2016, this company helps their clients by developing chatbot services for them.
- The company develops chatbot services for various functions including for customer services, marketing, and sales.
- Its ATMbot assisted users with finding cash-dispensing ATMs nearest to them during the Indian demonetization drive in 2016.
3. THIRAI
- Founded in 2019, this platform offers AI-enabled technology for thermal screening and contact tracing solutions.
- Their vision technology along with face recognition is based on demographics and behavioral data.
4. Wersel
- Founded in 2016, this company provides a platform for various brand performance analytics.
- The analytics help brands with a better understanding of their competition and market position and assists them with fine tuning their business strategy.
This brings us to the end of the blog on the top AI Companies in India along with a few of the top AI companies in a few cities in India.
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