AI startups in India are making impressive strides, bringing forth cutting-edge solutions in a range of industries like healthcare, banking, retail, and more. These startups have the ability to significantly influence the Indian market and broaden their reach internationally. In this post, We’ll talk about the Top 20 Best Innovative AI startups in India in 2024.
Many AI startups use NLP, Computer Vision, ML, and DL to serve consumers and other businesses. These startups’ funding shows the field’s growing attention and investment. Due to their diverse offerings, from healthcare to AI and ML solutions for numerous industries, these firms are in high demand. Being in demand, many organizations look out for skilled people, One can master the skill by enrolling in some ML or AI Course offered by reputed institutes. Users like them because of their specialized AI competence, not their size.
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The number of startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) has increased dramatically from 471 in 2016 to 72,993 in 2022 (as of June 30, 2022), a growth of more than 15,400%, according to the Ministry of Commerce. Additionally, more than 4,500 of the recognised startups are in emerging technological fields including IoT, robotics, AI, and analytics.
Top Ai Startups in India 2024
Here is the list of the 20 Best Innovative artificial intelligence (AI) startups in India.
1. AgNext
AgNext, an AgTech startup with rapid growth, was established in 2016. By making food value chains safer, more transparent, and more equitable, the company hopes to increase the quality and trust in them. The startup, which focuses on digitalizing food quality testing, offers agribusinesses an integrated, AI-driven SaaS platform for instantaneous, automated assessments of food quality.
| Founder | Taranjeet Singh Bharma |
| Founded | 2016 |
| Headquarters | Chandigarh |
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In 2017, a-IDEA National Agriculture Research provided its first seed financing to AgNext, which was developed at IIT Kharagpur. The following years saw more funding from the venture funds Omnivore and Kalaari. AgNext just secured from AWI and Falcon Edge Capital the largest series A funding in agricultural technology to date.
2. Data Science Wizards (DSW)
DSW is an artificial intelligence and data science startup that offers platforms, tools, and consulting services to help businesses use data as a strategy and make decisions based on that data.
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| Founders | Dr. Ramesh Khare, Pritesh Tiwari, Shivam Thakkar & Sandeep Khuperkar |
| Founded | 2019 |
| Headquarters | Mumbai |
The startup wants to democratise AI and data science capability so that customers may uncover new insights and make informed decisions. With data-driven, open-source technology solutions and training, they are trying to develop the AI ecosystem for the benefit of businesses, customers, communities, and stakeholders. Their flagship product, UnifyAI, is made to take a comprehensive approach to data engineering and artificial intelligence (AI), assisting businesses in accelerating growth and enhancing operational effectiveness.
3. Enthu.AI
Enthu.AI aids contact centres in training their agents to provide better results. Every client conversation is recorded, analysed, and provided with actionable intelligence by the platform, enabling faster and more effective agent performance. Faster call quality assurance, greater coaching and feedback, and increased agent performance are all products of Enthu.
| Founders | Gaurav Mittal & Tushar Jain |
| Founded | 2020 |
| Headquarters | Chandigarh |
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The capacity to monitor 100% of calls faster than ever before is one of their key benefits since Enthu’s artificial conversation intelligence flags the calls that need to be attended to right away. It also makes it possible to get information from each client interaction without having to listen for hours on end.
4. NextBillion.ai
According to NextBillion.ai, centralised mapping technology is out of date and ineffective. They build custom mapping APIs for businesses in a novel and creative approach since they are aware that every customer, use case, and area is different. For hyperlocal firms, they are taking the approach of building a decentralised, modular, and unique map stack that can be tailored to meet their individual requirements.
| Founders | Ajay Bulusu, Gaurav Bubna & Shaolin Zheng |
| Founded | 2020 |
| Headquarters | Singapore, Bengaluru, Hyderabad and Beijing |
Businesses may integrate AI into their operations including maps and tackle numerous issues thanks to the company’s location-based services and APIs. For many different businesses, including delivery, transportation, food delivery, and ride-sharing, they specialise in developing cutting-edge mapping solutions. Their service is adaptable and may be precisely tailored to fit the unique requirements of an organisation.
5. Synapsica Healthcare
In order to increase speed, security, and automate reporting activities,