Artificial Intelligence is rapidly transforming industries worldwide, and India is no exception. From pioneering AI models to groundbreaking applications, Indian AI startups are making significant strides. Here are ten innovative AI startups in India to watch in 2024.
1. Orbo AI
Based in Mumbai, Orbo AI is revolutionizing the beauty and personal care industry with its virtual makeup and hair styling products. Founded by Mano Shind, Abhit Sinha and Danish Jam in 2019, Orbo AI allows users to try products virtually, increasing conversion rates for beauty brands. Their latest product, Beauty GPT, has significantly boosted their market presence.
2. Models Lab
Founded by Adhik Joshi, Models Lab offers a comprehensive suite of AI tools, from text-to-image generation to voice cloning. This Bangalore-based startup provides a one-stop solution for developers looking to build AI products. With over 150,000 subscribers and plans to build their own AI data center, Models Lab is set for significant growth.
3. Neural Garage
Neural Garage, based in Bangalore, addresses the problem of misaligned facial expressions in dubbed content. Founded by Mandar Narayan, Anjan Banerji, Subhadeb Nag, and Subh Shaha in 2021, their Visual Dub technology ensures seamless synchronization of lip movements with dubbed audio, enhancing the viewing experience.
4. Niqo Robotics
Bangalore-based Niqo Robotics, founded by Jaimin Shah, focuses on precision spraying in agriculture. Their AI-enabled cameras detect plants in real-time, optimizing pesticide use and reducing chemical costs for farmers. With over 2,000 farmers already using their technology, Niqo Robotics is making a significant impact on sustainable farming.
5. Sarvam AI
Sarvam AI, headquartered in Chennai, develops AI models tailored for Indian languages. Co-founded by Sandeep Thakur and Bru Kumar in 2023, Sarvam AI’s Hindi fine-tuned LLM reduces token usage, lowering costs for businesses. Their ambitious goal is to build foundational models for various Indian languages from scratch.
6. Babblebots.ai
Mumbai’s Babblebots.ai, founded by Roli Gupta and Dhruv Juglan in 2022, creates AI recruiters that can conduct interviews and shortlist candidates. This technology streamlines the hiring process, saving companies time and resources. With over 70 companies using their platform, Babblebots.ai is revolutionizing recruitment.
7. Unscript
Unscript, based in Bangalore, allows content creators to generate digital avatars that can produce videos. Founded by Ruchira and Abhishek Jain in 2021, Unscript’s technology enables businesses to create personalized videos at scale, increasing engagement and conversion rates. Their platform is set to launch for public use soon.
8. Qure.ai
Founded by Prashant Warier and Pooja Rao in 2016, Mumbai-based Qure.ai uses AI to interpret medical imaging, such as X-rays and CT scans. Their technology provides quick, accurate diagnoses, crucial in a country with a severe shortage of radiologists. Qure.ai has already helped over 1.6 crore patients worldwide.
9. Krutrim AI
Krutrim AI, a Bangalore-based startup founded by Bhavish Aggarwal in 2023, is developing large language models for Indian languages. They aim to create an entire AI stack, from hardware to applications. Despite controversies, Krutrim AI has ambitious plans to revolutionize AI technology in India.
10. InsurStaq
Delhi-based InsurStaq, founded by Shivam Kaushik and Mayank Aggarwal in 2022, is an AI-powered search engine for insurance professionals. Their platform simplifies understanding and comparing insurance policies, saving time and increasing accuracy. Supported by NVIDIA and Microsoft, InsurStaq is set to transform the insurance industry.
These startups are not only advancing AI technology but also addressing real-world problems, making India a hub for AI innovation. Keep an eye on these companies as they continue to push the boundaries of what’s possible with AI.
