India saw its very first A.I startup in 2016 and it has been 8 years since India’s first A.I startup was launched .In these 8 years Indian AI industry saw many good things for example India saw its first A.I startup unicorn “Krutrim”, launch of India Ai mission from Government of India which will infuse 10,372 Indian Rupees in Indian Startups over next 5 years etc.
So, it’s the right time to look at India’s A.I startups and evaluate the top A.I startups In India.
- Global Semiconductor Foundry capacity rose enormously in past 5 years : Grew from 2,828 kWSPM to 3,993.27 kWSPM.
- US sanctions hit China’s semiconductor industry: 22,000 companies shut down between 2019 and 2023
- Virtual RAMS are slowing down your device’s performance : RAMS Demystified
- Intel-Samsung Foundry Alliance Under Discussion: A Strategic Move to Challenge TSMC’s Semiconductor Dominance
- AI Energy Consumption Solutions: Why Nuclear Power is the Future?
Krutrim:
I could have put some other AI starup at the top of my list but I have put Krutrim at top because of some reasons like
- Krutrim is India’s first A.I startup unicorn.
- Very few Indian AI startups have launched their products for public users and Krutrim is one of them.
Krutrim is working on few things which are quite unique in India like :
- Foundational modelsFor enterprises, researchers, and developers to build Generative AI applications
- AI cloud infrastructure:Managed access to model repository and AI compute at scale
- Silicon for AI: In house development and manufacturing of chips optimised for AI compute
Druva
Druva is a cloud data platform that offers data backup and protection solutions. It provides enterprises with a full range of endpoint data management solutions. Its main product offers business mobile workers backup, IT-managed file sharing, data loss prevention, data deduplication, and sophisticated analytics. It can be set up on-premises, in a private or public cloud. The system maintains and safeguards data across all devices with capabilities like mobile backup, remote wipe, device encryption, geolocation, and other features. The clients are NASA, McAfee, DHL, Leica, Merz Pharma, and KPMG.
Zoho
An enormous language model (LLM) like to OpenAI’s GPT-3 is being developed by Zoho, an international software development business based in India. The AI-driven communication services offered by Zoho, including Zoho Mail and Zoho Chat, will be powered by the LLM. Although Zoho is still working on the LLM, they intend to release it shortly.The accuracy and fluency of Zoho’s AI-driven messaging products could be enhanced with the adoption of the LLM. It might also be utilised to develop new functions, including the capacity to provide customised answers to client questions.
Avaamo
One of the most cutting-edge Indian AI startups in 2024 will be Avaamo, a conversational AI platform. With Voice demo—patient scheduling, it offers immediate and individualized assistance to patients in the healthcare, banking, education, insurance, and supply chain sectors.
This AI startup based out of India helps any business create a virtual assistant .It does this through solutions incorporating various automation skills based on industry. Various services offered y Avaamo include conversational AI platform, intelligent virtual assistants, contact center AI, cognitive search, voice AI, security, and compliance.
Mockey
Mockey.ai is an Indian A.I Startup which focuses on creating AI-powered mockups for design and prototyping needs. By using Mockey.ai a designer can create realistic mockups for their websites and apps. Mockey has a suit of features which helps in creating realistic mockups of the websites and apps
Global Semiconductor Foundry capacity rose enormously in past 5 years : Grew from 2,828 kWSPM
The global semiconductor foundry capacity has seen unprecedented growth over the past five years. From a capacity of 2,828.53 thousand.
US sanctions hit China’s semiconductor industry: 22,000 companies shut down between 2019 and 2023
China’s semiconductor industry is undergoing a major transformation as over 22,000 semiconductor companies shut down between 2019 and 2023. The.
Virtual RAMS are slowing down your device’s performance : RAMS Demystified
Memories have always been critical components contributing to any device’s performance. With increasing heavy memory consuming applications , RAMS role.
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