Image by author
artificial intelligence (ai) is transforming businesses around the world, and India is rapidly emerging as a hub for innovative ai startups. These local companies are pioneering the application of ai in various sectors and, at the same time, building a strong talent base in the country. In this blog, we will highlight the top 10 ai startups that are making waves in India and are great options to start or advance your career in ai.
Note: Funding data were obtained from ai-startups.org/country/India/” rel=”noopener” target=”_blank”>ai-startups.org while the ratings were obtained from Glass door.
Money: 620.9 million dollars (+/-)
Glassdoor Rating: 3.9
Uniforo is an Indian startup that incorporates ai into all facets of business operations, simplifying complex tasks. Its enterprise-class multi-modal machine learning models and data platform unify all elements of voice, video, text and data. Uniphore also leverages generative ai, knowledge ai, emotion ai, and workflow automation as a trusted co-pilot for businesses. This combination of advanced ai technologies acts as a catalyst to create the world’s most engaging customer and employee experiences.
Money: $102.2 million (+/-)
Glassdoor Rating: 3.8
ai/” rel=”noopener” target=”_blank”>Yellow.ai is the no-code platform that combines generative ai with enterprise-grade LLM to accelerate chat and voice automation from days to minutes. Its proprietary DAP technology is based on a multi-LLM architecture and is continuously trained on billions of conversations to deliver scale, speed and accuracy.
Yellow.ai offers a conversational services cloud to automate customer service, a conversational commerce cloud to enable conversational commerce, and a conversational EX cloud to enrich the employee experience.
Money: 74.7 million dollars (+/-)
Glassdoor Rating: 3.8
shave payment is an Indian startup driving financial and business growth. Its all-powerful payment gateway allows businesses to accept payments from over 100 methods with industry-leading success rates and a superior payment experience. Easy integration, instant settlements from day one, and detailed reporting provide a seamless payment experience.
Beyond payments, Razorpay helps businesses never run out of working capital by automating payments to suppliers and employees. By empowering business finances, Razorpay allows businesses to focus on their core operations. As a leading fintech, Razorpay is helping Indian businesses scale by solving their payment and disbursement needs.
Money: 60.3 million dollars (+/-)
Glassdoor Rating: 4.0
ai/” rel=”noopener” target=”_blank”>Qare IA is an Indian startup that has gained recognition as one of the most adopted healthcare ai companies in the world. They specialize in ai solutions for pulmonary, cardiac, neurological and musculoskeletal (MSK) conditions. Qure.ai offers a range of products to improve medical diagnoses and patient care.
These include:
- Chest x-ray reports
- Tuberculosis care cascades
- Management of lung nodules
- Stroke and traumatic brain injury
- MSK X-ray Reports
- Heart failure
By driving efficiency and accuracy, Qure.ai improves patient diagnosis while reducing the cost of care delivery.
Money: 30.5 million dollars (+/-)
Glassdoor Rating: 4.4
ai/” rel=”noopener” target=”_blank”>Open house is an Indian startup that has developed a cloud-based conversational ai platform powered by the latest innovations in neural networks, speech synthesis and deep learning. Its technology allows businesses to automate customer interactions through voice, text and other channels with unprecedented speed and accuracy. With pre-built enterprise connectors, conversation analytics, and rapid deployment capabilities, Avaamo enables organizations to execute conversational ai projects in just weeks.
Money: 30 million dollars (+/-)
Glassdoor Rating: 4.2
Den® Street Food has developed an enterprise ai platform called “Vue.ai” that it claims to be “the only ai stack you will ever need.” His platform focuses on driving business results and emphasizes rapid implementation and productivity. Mad Street Den encourages companies to abandon long ai transformation plans and instead deploy their platform today. They offer a delay-free enterprise ai platform that enables rapid deployments, allowing companies to demonstrate value within 30 days of accessing data.
Money: 29.5 million dollars (+/-)
Glassdoor Rating: 3.4
Wysa is an Indian (global) startup offering a revolutionary approach to mental health support. Its clinically validated ai technology provides immediate assistance as the first step of care, followed by human advice for those who need additional help. This innovative approach has already had a significant impact, with more than 500 million ai chat conversations conducted with more than five million people in 95 countries.
In response to growing concerns about employee mental health, Wysa conducted extensive research across the US, UK and its own user base, revealing the need for early, anonymous and unlimited care.
Money: 11.2 million dollars (+/-)
Glassdoor Rating: 3.5
ai/” rel=”noopener” target=”_blank”>haptics is an Indian conversational ai startup that builds lasting customer relationships using generative ai. Their platform powers support through cross-channel customer conversations, enables personalized marketing engagement, and drives sales for higher conversions. With a holistic set of customer experience optimized at every stage, Haptik quickly generates exponential value. Its patented NLU leads the industry in human-like conversations with maximum accuracy to reduce bot failures. Industry-specific advanced NLP and ML ensure high accuracy. ai-powered analytics uncover real-time insights from conversation data through features like Smart Funnels.
Money: 10.6 million dollars (+/-)
Glassdoor Rating: 3.9
ai/” rel=”noopener” target=”_blank”>Rephrase.ai is a pioneering generation of text to video powered by generative ai. Its Rephrase Studio platform takes the complexity out of video production by allowing users to create professional-looking videos with a digital avatar in minutes. The 3-step process involves choosing a digital avatar, adding the desired message, and playing the video. Leveraging the power of ai, Rephrase converts text to photorealistic video seamlessly. As an innovative Indian startup, Rephrase.ai is transforming communication and creativity through its text-to-video platform that makes producing engaging video content easy and accessible to everyone.
Money: 4.2 million dollars (+/-)
Glassdoor Rating: 4.6
synaptic is leveraging ai to revolutionize spine radiology and reporting. Its FDA-cleared solutions provide quantitative, visual, end-to-end spine reporting for MRIs, X-rays, and more. Synapsica’s ai assistants automate repetitive tasks, standardize measurements, and generate evidence-based reports to increase radiologists’ productivity and reporting accuracy. This helps doctors make a more confident diagnosis. With up to 99% accuracy, Synapsica algorithms provide intelligent, platform-agnostic reporting with predictive analytics and automatic quantification for reliable tracking. As an innovative Indian healthcare technology startup, Synapsica enables radiologists to report more cases efficiently while providing doctors with detailed and insightful analytics to improve patient care.
The rapid growth of ai in India has given rise to many promising startups that are at the forefront of bringing innovative ai solutions to businesses around the world. Companies like Uniphore, Yellow.ai, and Haptik are pioneering conversational ai, while startups like Qure.ai and Synapsica are driving changes in healthcare through ai-powered radiology and diagnostics. Companies like Razorpay and Mad Street Den are leading the way in applying ai to transform business operations and outcomes.
With their cutting-edge technology and rapid time-to-market capabilities, these startups offer exciting opportunities to work on impactful projects. Their encouraging work culture and emphasis on innovation also make them in-demand ai employers. As India continues its technological push, these startups are set to revolutionize industries around the world while nurturing top tech talent within the country.
Abid Ali Awan (@1abidaliawan) is a certified professional data scientist who loves building machine learning models. Currently, he focuses on content creation and writing technical blogs on data science and machine learning technologies. Abid has a Master’s degree in technology Management and a Bachelor’s degree in Telecommunications Engineering. His vision is to build an artificial intelligence product using a graph neural network for students struggling with mental illness.
