Did you know, according to the latest research Indian AI start-ups have raised about US$836.3 million in 2020, it is the largest funding outlay in the past seven years at a year-to-year growth of about 9.7%. India’s AI ecosystem is witnessing explosive growth with a lot of inventive AI start-ups in 201 entering the space. Here are the top 10 Indian AI start-ups that have raised funding in 2021.
Myelin Foundry is a deep tech product AI start-up that was launched in 2019. It is a Bengaluru-based start-up that aids in changing industry outcomes by building and designing artificial intelligence algorithms on voice, video, and sensor data. The solutions of the company include Myelin edge AI platform, edge AI to make decisions and actions, video and sensor data, and providing real-time analytics and insights. This is one of the best Indian AI start-ups that has raised funding in 2021.
Emotix is a Mumbai-based AI start-up that has developed a companion robot called Miko which can help parents to keep their children occupied. This is one of the top Indian AI start-ups in 2021 that has increased its funding this year. The company leverages technologies such as AI, robotics, and IoT to initiate conversations, identify moods, and learn about the surroundings to better keep the child occupied. The start-up is backed by Chiratae Ventures, YourNest Capital, and IvyCap Ventures.
Wysa is a Bengaluru-based AI start-up that has come up with an AI-powered chatbot that employs evidence-based cognitive-behavioral techniques to make the user feel heard. This is one of the top Indian AI start-ups in 2021 that have raised its funding and have also powered more than 100 million conversations. And the interesting part is that this start-up is a part of the Google assistant investment program too.
The Nextbillion AI is a start-up that is headquartered in Singapore with its offices located in Bengaluru, Hyderabad, and Beijing. The company focuses on building the world’s easy-to-use, advanced hyperlocal AI solution in a cost-effective manner. Even though this has launched in 2020 it is one of the Indian AI start-ups that has raised its funding in 2021.
Ziptrax is a Delhi-based start-up that uses an AI-based engine and IoT-enabled hardware that can make lithium batteries that can last up to 40 percent longer. The company developed a digital platform to collect all the used batteries and put them through rigorous quality checks and tests. After which it employs machine learning algorithms to regroup cells and use AI to repurpose the discarded lithium batteries.
This is one of the top Indian AI start-ups that has raised funding gradually over this year.
The start-up works on a mission to use AI to make healthcare more affordable and accessible to all. For which the AI start-up takes the help of deep learning with scientific, clinical, and regulatory knowledge to handle real-life situations. Qure.ai is a Mumbai-based start-up that analyses abnormalities on CT scans, X-rays, and MRIs. It is one of the Indian AI start-ups in 2021 that raised the bar for its funding and its products are also powered by AWS, Azure, NVIDIA, and Intel.
WotNot is a Business Consumer no-code chatbot platform and also a live chat solution. The AI start-up allows enterprises to build and create powerful chatbots to engage visitors and enhance customer satisfaction in real-time across various channels. The platform has features like autosave, auto-arrange, bot management, clone, and undo-redo. This Ahmedabad start-up is one of the top Indian AI start-ups that has increased its funding this year.
LogiNext is an automation and transportation start-up that uses AI for managing the tracks and workforce in real-time. It has offices in Singapore, UAE, and Indonesia. This is one of the Indian AI start-ups in 2021 that has higher funding and operates in more than 50 countries now. It serves services like Myntra, McDonald’s, and also Decathlon.
The start-up is headquartered in Ahmedabad and designs waste sorting plants and solutions using Industry 4.0 technologies using AI, ML, and IoT. The solutions of the company include NETRA (Machine Vision System), YUTA (AI-powered robotic sorting), SUKA (AI-powered Air sorting), and IoT-enabled smart bins. It is one of the top Indian AI start-ups that has raised the bar high in terms of funding.
Yellow.ai was previously known as Yellow Messenger. The AI start-up offers an omnichannel conversational AI tool to automate customer experiences for enterprises. It is one of the top Indian AI start-ups that has raised the bar high in terms of funding. When we take a look at the start-ups’ chat and voice-based bots, there are nearly 100+ languages that are available across nearly 35+ channels.
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