The year 2023 has proven to be a remarkable time for AI startups across the globe, witnessing the emergence of new Generative AI tools like ChatGPT, Google Gemini, and many more. India has also experienced a significant surge in its AI startup ecosystem, which has the potential to uplift Indian society in many ways. According to a report from McKinsey, the startup ecosystem could automate up to half of the world’s work by 2060.
The Prime Minister also highlighted the potential of AI for India’s youth. While addressing his speech, he said, “Today, we are in a new era connected by AI technology. Our job is not to let this opportunity pass, The National Quantum Mission, AI mission and semiconductor mission will open new opportunities for India’s youth.”
Check below the list of the Top 10 AI Startups in India 2024:
In this article, we have curated a list of India’s top 10 AI startups, along with details about their CEOs and Co-Founders. Check the list below:
Ola’s Krutrim AI
Ola’s Krutrim AI was launched by Ola, the multinational ridesharing company that claimed it as India’s own AI earlier this year. The company claims that Krutrim is built on its foundation model and that it is Indian at heart. This tool uses AI to generate human-like text based on the inputs it receives.
Krutrim, the AI startup founded by Bhavish Aggarwal (Founder of Ola), became India’s fastest Unicorn and India’s first AI unicorn. With the help of Krutrim, one can write an email, learn new skills, get information on various topics of interest, and more.
Arya AI
Arya.ai was founded by Vinay Kumar Sankarapu and Deekshith Marla in 2013 with a vision to build ‘intelligence’ that can help humans solve complex problems at a much faster pace. Arya AI is a Mumbai-based company that provides a comprehensive AI platform to help other companies and developers.
With this platform, you can quickly develop, train, and deploy AI models using a suite of tools and capabilities.
ScribbleData
ScribbleData.io is a data products platform startup founded by Indrayudh Ghoshal, who is the COO, and CEO Venkata Pingali in 2017 for advanced analytics use cases.
Kissan AI
Kissan AI is an Indian AI startup founded by Pratik Desai in 2022 that focuses on merging artificial intelligence (AI) into Indian agriculture. The company uses AI and NLP for products like Dhenu 1.0, a large language model for agriculture. Dhenu understands English, Hindi, and Hinglish, and helps farmers with queries, crop recommendations, and pest control.
Jan AI
Jan AI or Janta AI which means “people’s AI” in Hindi, is a platform that allows you to run self-hosted local AI. It aims to empower Indians by democratising access to advanced AI. It is an initiative lead by Jaspreet Bindra from Tech Whisperer Ltd and Sudhir Tiwari, MD at Thoughtworks.
Yellow.ai
Yellow.ai is an Indian startup company founded by three friends to transform the way customers interact with brands. It is a global leader in conversational AI that delivers autonomous, human-like experiences for customers and employees to enhance the company’s growth.
MachineHack AI
MachineHack is a startup company founded by AIM CEO Bhasker Gupta and CTO Krishna Rastogi in 2021. The company organises AI hackathons, and coding competitions, and provides courses, and assessments.
NIRMAI
The NIRAMAI Health Analytix is a Bangalore-based deep-tech startup that addresses critical healthcare problems through automated solutions. They offer an affordable, accurate, and automated portable cancer screening tool that can be operated in any clinic.
Rephrase.ai
Rephrase.ai is a platform that transforms text into professional-looking videos in a few minutes with the help of generative artificial intelligence.
Haptik AI
Haptik AI is a Mumbai-based Indian AI startup company, founded by Aakrit Vaish and Swapan Rajdev in 2013. Haptik AI specialises in building AI-driven chatbots and virtual assistants.
These startups, through innovative approaches and technological prowess, are not only reshaping industries within India but also setting benchmarks internationally. As these companies continue to grow, they are expected to drive significant advancements in AI applications, fostering economic growth and technological innovation.
