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AI is making waves globally, from voice assistants like Alexa and Siri to advanced algorithms driving autonomous vehicles and generative AI like ChatGPT, AI is revolutionizing everything. India, with its burgeoning tech scene and a young, dynamic workforce, is in a prime position to harness the benefits of AI.
In this article, we’ll delve into the proud role that 9 Indian startups have played in the AI landscape. These span various sectors, from healthcare to agriculture, and they are pushing the boundaries of what’s possible with AI.
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This is an AI-powered health tech startup founded by Geetha Manjunath and Nidhi Mathur in 2016. Geetha’s personal experience, that of losing her cousin to breast cancer, ignited Niramai’s mission.
Niramai’s innovative approach involves a clothed, no-touch, radiation-free thermal screening solution using an AI-powered diagnostic engine called Thermalytix. This engine automates the process, making it more accessible and reducing the need for manual mammograms, which can be uncomfortable and costly. Over 70 hospitals and diagnostic centers have adopted Niramai.
Emotix is a Mumbai-based startup that was founded in 2014 by Prashant Iyengar, Sneh Vaswani, and Chintan Raikar to develop AI-powered personal robots for kids. The Miko 2 product is centered around the concepts of education and entertainment.
These robots converse with kids in an educational manner, read their emotions, analyze their behavior, and use computer vision and facial recognition to interact with them. The Miko 2 has become popular in over 140 countries due to its multilingual capabilities, which include English, Hindi, Arabic, and Spanish.
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Founded by Jaisimha Rao in 2015, TartanSense is a Bengaluru-based agritech startup on a mission to revolutionize farming with AI. With agriculture as the backbone of India, TartanSense is aiming to transform the entire sector.
BrijBot, the company’s flagship product, is a precision crop-spraying robot that is revolutionizing the industry. With the help of computer vision, BrijBot autonomously navigates between rows of crops and evaluates each plant to see if it requires pesticide spraying.
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Signzy, founded by Ankit Ratan, Ankur Pandey, and Arpit Ratan in 2015, is an AI-powered digital onboarding solutions provider. It addresses the pervasive issue of customer onboarding, a critical challenge faced by financial institutions worldwide.
Conventional KYC (Know Your Customer) approval and verification procedures are frequently tedious and involve human involvement. With the use of artificial intelligence (AI), Signzy’s solution retrieves real-time data from customer IDs and compares it to government databases and facial features.
Signzy’s technology is currently used by over a hundred major banks, insurance companies, and asset management firms to onboard more than 150,000 users each month.
GreyOrange is a robotics startup with strong Indian roots that was founded in 2011 in Gurugram by Akash Gupta and Samay Kohli. The company is based in Singapore. The company has used AI’s collective intelligence to completely rethink how warehouses function.
Traditionally, warehouse robots carry out preset duties with little flexibility. However, GreyOrange’s robots are incredibly adaptable because of GreyMatter, an AI-powered hive mind. Different robots can communicate, work together, and make decisions as a group thanks to this collective AI.
GreyOrange’s technology is currently being used in 48 locations across multiple countries, revolutionizing the way supply chains and logistics are handled.
In 2013, Gaurav Srivastava, Gautam Kumar, and Kushal Nahata founded the Noida-based startup FarEye, which specializes in supply chain and delivery process optimization.
Between 2005 and 2009, when Indian e-commerce was just getting started, its founders were aware of the logistical difficulties that clients encountered. Common problems included delivery failures brought on by inefficient routes and numerous calls from drivers asking for directions.
To overcome these obstacles, FarEye created a SaaS-based solution. Their AI-driven algorithms help delivery and e-commerce businesses make decisions in real-time. These choices include figuring out how many drivers are required in a given location and selecting the most effective delivery routes.
Nowadays, FarEye is used by more than 150 businesses in 30 countries to streamline their logistics and supply chain processes. This tech demonstrates how artificial intelligence (AI) can improve customer satisfaction and efficiency in the logistics industry.
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Based in Bengaluru, Leading conversational AI startup Yellow.ai was founded in 2016 by Anik Das, Jaya Kishore Reddy, Raghu Ravinutala, and Rashid Khan.
Yellow.ai offers voice bots and chatbots as a service to companies looking to automate their consumer interactions. Yellow.ai’s scalable no-code platform is what makes it unique. Customers can design their own chatbots with it; these can then be trained with machine learning and refined with the help of recorded conversations.
Businesses can automate customer interactions in more than 100 languages with this approach. It is clear how conversational AI is changing customer service across a range of industries, as demonstrated by the 700+ businesses that have adopted Yellow.ai’s AI-powered solutions to improve their customer experiences.
Safe Security, founded by Rahul Tyagi, Saket Modi, and Vidit Baxi in 2012, initially began as Lucideus at IIT Bombay. The startup’s mission was to help businesses predict and prevent cyberattacks.
Safe Security has developed the Security Assessment Framework for Enterprises (SAFE), an entirely automated and AI-powered framework. This micro and macro-level assessment provides insights into an organization’s security and allows recommendations for protection.
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Mad Street Den, founded by Anand Chandrasekaran, Ashwini Asokan, and Costa Colbert in 2013, is a California-based startup with its roots in Chennai, India.
The company first launched Vue.ai in 2016, an AI solution that monitors shoppers’ behavior and preferences. Vue.ai analyzes aspects like color and style preferences and the time spent on particular items, enabling it to provide personalized product recommendations.
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AI in India is on an incredible growth trajectory. The country’s AI startups have emerged as leaders in various sectors. AI is helping to showcase the immense potential of technology to transform industries and improve the quality of life.
These nine startups are at the forefront of AI innovation in a variety of industries, including healthcare, agriculture, logistics, and customer service. Their success stories can serve as an inspiration for aspiring business owners. Given its robust government backing, thriving startup scene, and investment prospects, India is well-positioned to make a substantial impact on the global artificial intelligence scene.
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