Artificial Intelligence (AI) and Machine Learning (ML) are two technologies that have witnessed significant increases in funding and innovation over the last three years. They are currently being used in a variety of industries, including manufacturing, healthcare, fashion, agriculture, real estate, and voice-based applications.

AI businesses began to emerge in India in 2016.

The growth in the AI startup field over the next two years will be astounding.

According to a recent study, roughly $87.85M was funded in the AI area in India’s startup centre, Bengaluru.

India has emerged as a nation with a solid ecosystem that enables AI startup professionals and entrepreneurs to kick-start their companies as a result of the phenomenal growth in the AI field. This blog will look at the top 10 AI startups in India and across different cities.

1. Manthan:

  • Manthan is an AI-based analytics firm that was created in 2003 with a $98 million investment.
  • The company’s AI-powered retail analytics platform provides companies with prescriptive and descriptive data, as well as the ability to increase consumer interaction and prescribe actions.
  • Manthan’s AI platform serves 170 clients in 21 countries.
  • It benefits them in a variety of ways, including marketing, consumer targeting, inventory, pricing, and promotions.
  • Maya, the company’s Natural Language Processing (NLP) engine, is also situated in Bengaluru.
  • Maya works as a business assistant and may provide information such as sales trends, previous month’s earnings, and so on.
  • Manthan was rated a good performer in Forrester Research’s Customer Analytics Solutions Wave Q2 report in 2018.

2. SigTuple:

  • SigTuple commenced operations in Bengaluru in 2015 after raising $25 million from investors.
  • The business creates medical diagnostic solutions using AI and machine learning. The AI platform developed by the business is designed to do “screening and advanced diagnosis of urine, blood, and sperm samples, as well as retinal scans and X-rays.”
  • SigTuple’s AI algorithms first analyse a patient’s samples. They are then forwarded to a pathologist for review before being returned to the site of treatment in 5 minutes.
  • As a result, initial diagnosis is completed rapidly, and ambulances may be deployed to transport emergency medications to patients.
  • In addition, the business is notable for developing an automated microscope to compensate for a shortage of pathologists.

3. Mad Street Den:

  • Mad Street Den is one of India’s earliest artificial intelligence and computer vision firms.
  • The Chennai-based startup seeks to integrate AI into customers’ daily lives in areas such as IoT and linked automobiles, user engagement and analytics, online fashion, mobile gaming, social media, and so on.
  • ai is the company’s flagship product, serving merchants worldwide, particularly in the fashion industry.
  • It also enhances customers’ purchasing experiences by displaying goods that are most relevant to them across sites, apps, and shops.
  • The firm serves customers in Asia, the Middle East, the United States, and Europe. Its clients include Voonik, Tata, Zilingo, Craftsvilla, and others.
  • Mad Street Den was also named one of the world’s 50 most promising businesses by Bloomberg in 2017.

4. Haptik:

  • Haptik specialises in creating AI-powered chatbots for businesses, service providers, and consumers. The firm was formed in Mumbai in 2013 with a $12 million investment. Haptik offers tailored bots for a wide range of industry applications.
  • It also offers a:
  • Hybrid interface for human-to-AI transfers to clients.
  • Bot creator with drag-and-drop functionality
  • In-depth discussion analytics.
  • Haptik joined forces with Amazon Web Services (AWS) in 2018. With this collaboration, the firm will be able to utilise AWS’s cloud offering, AI technologies, and powerful database structure.
  • Among the company’s global clients are well-known brands such as Coca-Cola, Amazon Pay, and Samsung.

5. Flutura:

  • Flutura is a Bengaluru-based Internet of Things startup.
  • The firm provides big data analytics solutions with the goal of transforming operational outcomes through the monetization of machine data.
  • Cerebra is the company’s flagship product. Cerebra uses AI to give diagnostics and prognostics to energy and engineering customers all over the world, unlocking new business value.
  • Clients include Hitachi, Henkel, Sodexo, GTT, and others.
  • It also has significant collaborations with Bosch, Halliburton, and Siemens.
  • Flutura was named one of the Top 20 Most Promising Big Data Companies in 2015 by CIO Review magazine.

6. Uncanny Vision:

  • Uncanny Vision, another Bengaluru-based firm, develops surveillance solutions using Deep Learning-enabled vision algorithms that operate on Edge servers.
  • The firm provides scalable and cost-effective protection for next-generation smart industries and secure cities.
  • Uncanny Vision also allows real-time actionable monitoring and analytics for high-value consumers in banking and retail.
  • In 2016, the firm graduated from the Target Accelerated Program.
  • It was also a part of the third Nasscom Innotrek 2016.
  • It was named one of India’s Most Innovative Top 50 Emerging Software Product Companies at the Nasscom Awards 2017.
  • Uncanny Vision was also named one of the Top 30 Tech Startups in 2018 by YourStory.

7. Arya.ai:

  • Arya.ai is a Mumbai-based AI firm that assists other AI startups in solving tough challenges much more quickly.
  • Banking, Insurance, Medicine and Healthcare, Retail, and Oil and Gas are among the industries served by the organisation.
  • Arya’s key product, Vega, assists customers in rapidly developing sophisticated systems and automating many difficult solutions.
  • Vega was created to help researchers and data scientists create Deep Learning Algorithms at scale. For example, insurance companies may process insurance claims in minutes utilising the company’s platform.
  • Arya’s platform aids in cheque automation in the banking business.
  • Apart from its headquarters in India, the corporation has offices in the United Kingdom and Singapore.

8. Bash.ai:

  • Bash.ai, founded in 2017, assists in the automation of HR processes and procedures, replete with virtual assistants and the replication of cognitive HR activities.
  • By simulating cognitive HR operations with AI and big data, the firm enables virtual assistants and drives HR for enterprises.
  • Bash’s AI chatbot provides businesses with a real-time and highly accurate approach to automate staff conversations.
  • The organization gives support 24 hours a day, is extremely quick, and enhances efficiency.
  • Instant messengers like as Skype, Slack, and Facebook Messenger may be used to access the AI-powered HR chatbot.
  • Ai now provides modules such as ticketing, HR helpdesk, post-hire orientation, organizing HR operations, employee engagement, and pay slips enquiries.
  • The company’s major goal is to develop an environment in which humans and AI may coexist effectively in HR settings.

9. Niki.ai:

  • Niki.Ai was created in 2015 with $2.4 million in early funding.
  • The core product of the firm is an AI-based shopping assistant and chatbot.
  • Using NLP and ML, the AI assistant assists clients in shopping for items and services via a chat interface.
  • It also aids with the automation of tasks such as online ordering, phone recharges, and payments.
  • The firm presently serves over 2 million customers and offers over 20 different services.
  • The chatbot is currently accessible on Android, iOS, and Facebook Messenger.

10. DailyHunt:

  • This Bangalore-based AI firm was launched in 2007. DailyHunt is an India-only news firm that curates’ news headlines and updates from throughout the country. It offers information in 14 Indian languages from a variety of sources.
  • It began as Newshunt. In 2015, this Bengaluru-based content firm was relaunched as Dailyhunt. It collects content from newspapers and websites in a variety of Indian regional languages, such as Marathi, Gujarati, Tamil, and Bhojpuri. Dailyhunt also offers original video content in Hindi and Telugu, as well as free live TV streaming in other regional languages.
  • Google, Microsoft, and Falcon Edge’s Alpha Wave Incubation have all invested more than $100 million in the company. It is the country’s first IT unicorn focused on native languages, with a valuation of more than $1 billion. It has a total financing of $346.6 million. Sofina Group and Lupa Systems are two existing investors.
  • According to the company, its machine-learning algorithms enable smart content curation and track user preferences.