AI startups are the trendiest businesses on the market, offering anything from medical care services to delivering highly sophisticated artificial intelligence and machine learning technologies to practically every area. AI startups have seen enormous development in recent years. The most intriguing thing about these businesses is that, in this case, the size of the business scarcely counts because the consumers adore these AI startups for their specialties and knowledge in the relevant fields of work. We will look at the top AI startups in India, the income range of AI Startups in India and FAQs on AI startups.
What is Artificial Intelligence (AI)?
Artificial intelligence (AI) is the imitation of human intellect in devices that have been designed to behave and think like humans. The phrase may also be used to refer to any computer that demonstrates characteristics of the human intellect, such as learning and problem-solving.
The ability to reason and take actions that have the highest likelihood of reaching a certain objective is the ideal quality of artificial intelligence.
Top 10 AI Startups in India
The following is a curated list of the top AI startups in India:
1. Mad Street Den
One of India’s first AI and computer vision firms is called Mad Street Den. The Chennai-based business wants to integrate AI into consumers’ daily lives in a variety of industries, including social media, mobile gaming, online fashion, linked automobiles, and IoT. The company’s core product, vue.ai, is used by stores all over the world, mostly in the fashion industry. Highlighting the items across websites, applications, and stores that are most pertinent to them also helps shoppers have a more fulfilling buying experience.
2. Crux Intelligence
Crux gives businesses the ability to swiftly, flexibly, and economically turn data into insightful information. Traditional business intelligence (BI) processes and dashboards generally take a long time and need constant refinement. Crux Intelligence is intended to enable integrated insights from compartmentalized data and offers rapid insights through straightforward visualizations. The list of AI Startups in India remains incomplete without this one.
3. Yellow.ai
The world’s greatest conversational customer experience platform has been created by Yellow.ai, one of the leading leading Indian AI startups, for businesses that focus on their customers. In order to provide on-demand consumer experiences at scale, it has successfully combined the power of human intelligence with artificial intelligence to produce active learning. The full customer lifecycle automation includes building, automating, responding, interacting, creating insights, and deploying.
4. Haptik
Haptik focuses on creating chatbots powered by AI for businesses, services, and consumers. The business was established in 2013 with a $12 million investment in Mumbai. Haptik offers customised bots for use in a variety of commercial applications. Additionally, it provides users with a drag-and-drop bot builder, detailed conversation statistics, and a hybrid interface for human-to-AI transfers.
5. Enthu.AI
Enthu.AI, an AI startup in India, started with the goal of assisting businesses in gaining insightful information from consumer phone discussions. The two co-founders, who have extensive backgrounds in sales, product management, and customer success, recognised the challenges faced by this particular business sector and decided to use cutting-edge technology to assist sales, marketing, and customer success teams in gaining actionable insights from customer conversations.
6. Arya.ai
Arya.ai is a Mumbai-based AI startup that works with other AI businesses to find faster solutions to challenging issues. The business serves niches in the banking, insurance, healthcare, retail, and oil and gas industries. Arya assists customers in automating several difficult solutions through the use of its flagship product, Vega, which makes it possible to develop complex systems quickly. For the development of deep learning, Vega was created for researchers and data scientists.
7. DailyHunt
It is a Bangalore-based AI startup that was established in 2007. An Indian-only news organisation called DailyHunt collects news headlines and updates from throughout the nation. It offers material from various sources in 14 Indian languages. NewsHunt was its original name. Later, in 2015, this Bengaluru-based content firm changed its name to Dailyhunt. It compiles articles from publications and websites in a variety of regional Indian languages, such as Marathi, Gujarati, Tamil, and Bhojpuri. The services offered by Dailyhunt also include free live TV streaming in other regional languages and original Hindi and Telugu video content.
8. Ripplr
Abhishek Nehru and Santosh Dabke founded Ripplr in 2019; it is a plug-and-play comprehensive distribution network for brands in India and is owned and run by Intelligent Retail Private Ltd. An AI-driven full-stack distribution firm is building India’s asset-light and technologically equipped distribution network while also offering distribution as a service (DaaS) to brands. Ripplr, with headquarters in Bengaluru, is developing end-to-end digital and offline capabilities that will allow marketers to test their products in the intended market and scale distribution from a few hundred big-format retail locations to thousands of small stores worldwide. It has served to be one of the best AI startups in India.
9. Intello Labs
One of the well-known AI based startups in india in India called Intello Labs uses computer vision, machine learning, and artificial intelligence to reduce food waste efficiently. It digitalizes the quality assessment of fresh fruits and vegetables, improving quality processes and decreasing waste. With the use of technologies like Intello Track, IntelloPack, IntelloGrade, and IntelloSort, the food and agricultural supply chain may be completely transparent. These solutions may employ data insights from linked image logs to increase productivity and automate report creation.
10. Avaamo
One of the most cutting-edge Indian AI start-ups in 2022 is the conversational AI platform Avaamo. With Voice Demo�Patient Scheduling, it provides patients with rapid and individualised help in the healthcare, banking, education, insurance, and supply chain sectors. With solutions made up of a collection of industry-specific talents for automation, an AI start-up in India assists in creating a virtual assistant for any firm. Some of the services it offers include conversational AI platforms, intelligent virtual assistants, contact centre AI, cognitive search, voice AI, security, and compliance.
Top Machine Learning Startups in India
Given below are the best AI ML startups in India:
- Nanonets- Machine learning based enterprise software that allows companies to extract data from all kinds of documents. In addition to this, it does this with a few samples and incorporates them into the manual workflow.
- discoveryAI- Adopts machine learning for guiding buying choices of customers. It is based on the ideology that knowing the search intent is the key to discovery. It is with the objective of improving customer engagement and improving shopping experience on ecommerce platforms.
- HyperVerge- One of the leading AI ML startups in India, having the same investor as Uber, adopts deep learning models to perform real-time analysis of images and videos acquired from sources such as satellites, documents and surveillance cameras.
- MinusZero– Founded in 2020, Minus Zero is the first startup in India to create fully self driven electric cars. These cars are designed to navigate through disorganized as well as unstructured traffic scenarios.
- Hive– Having the same investor as Snapchat, this startup focuses on building next-generation intelligence models to process a variety of data sets. It helps with logo dectection, OCR and more.
- Aftershoot- Aftershoot is a machine learning based startup in India that edits photos according to the user’s style in a matter of minutes. It helps the photographer to get rid of performing the monotonous task of editing the photos, deleting blur, shaky photos.
- Wysa- One of the most innovative artificial intelligence startups in India, Wysa is an all-in-one software for mental health. It forsters corporate wellness, deploys bots which become your mindfulness coach, friendly and caring chatbot, anxierty helper as well as mood tracker.
- Welt Recycling- It adopts robotics, machine learning and artificial intelligence to recover and recycle plastic that has been littered after commercial or industrial use.
AI Startup Salary in India
The income figures of AI Startups vary widely based on a lot of factors such as the industry the operate in, stage at which the startup is operating and profitability of the AI niche.
However, given below is the rough estimate of the income range for AI startups in India:
| Stage of the startup | Income Range(Annual) |
| Early-Stage | Less than INR 1 Crore |
| Growth-Stage | INR 1 Crore- 10 crore |
| Established | INR 10 crores to 100 crores |
| Large Corporations | 100 Crores and more |
Note: These are broad estimates and can vary across different AI niches and industries. Some startups start small and focus on hrowth befor hitting substantial revenue levels.
FAQs on AI Startups in India
Here are some FAQs on AI start-ups in India.
Q1. Which field is most suitable for AI?
The study of the intelligence and learning capacity of machines that enable them to function like humans is the focus of the discipline of computer science and engineering, known as “artificial intelligence engineering.
Q2. What is the Indian AI industry’s top salary?
The need for AI professionals has been increasing at an astounding rate for some time. The average yearly income for entry-level AI engineers in India is around INR 10 lakhs, which is much more than the average wage for any other engineering graduate. At the highest levels, an AI engineer’s salary may exceed INR 20 lakhs.
Q3. How can AI-based startups get a competitive edge?
Utilizing demand forecasting insights, companies like Gap can even identify which trends are about to take off, allowing them to customise their designs to meet consumer needs. Having an intelligent AI system in place can frequently help businesses take advantage of unrealized opportunities in the market.
Q4. What are the most in-demand skills for an AI engineer?
Programming languages, data engineering, exploratory data analysis, deployment, modeling, and security are popular talents for AI engineers.
Q5. How is AI helping entrepreneurs?
Businesses may generate more products in less time and at a lower cost by automating regular processes. AI may make operations in your business more efficient and effective, freeing up staff to work on more crucial projects.
Q6. What are some of the new AI startups in India?
Some of the best new AI startups in India are as follows:
1. Mockey – Founded in 2020
2. MachineHack- Founded in 2021
3. ProbeAI- Founded in 2023
4. Revition- Founded in 2023
5. Fasthr.AI- Founded in 2023
6. Tome- Founded in 2020
7. Rephrase.ai- Founded in 2023
Q7. Name AI startups in Bangalore.
The top AI startups in Bangalore are Outsource BigData, Signzy, Streamingo Solutions Pvt Ltd., WebSigma Private Limited, Happiest Minds, OneByte Labs.
AI has become one of the important technologies that organisations all across the country have been embracing more and more in recent years. In light of this, the adoption of AI by startups has been noteworthy. To meet the needs of end users as well as other businesses, a number of AI startups use artificial intelligence and associated developing technologies. India has established itself as a nation with a strong ecosystem that enables AI startup professionals and entrepreneurs to launch their businesses as a result of the AI sector’s phenomenal growth.
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