Here are some of the top Indian Generative AI startups to watch in the coming decade:
1. Haptik
Founded in 2013 and headquartered in Mumbai, Haptik specializes in enterprise conversational AI platforms. Acquired by Reliance Jio in 2019, the company has developed intelligent virtual assistants for industries such as finance, healthcare, and technology. Notably, Haptik collaborated with the Government of India to create the "MyGov Corona Helpdesk" WhatsApp chatbot, providing COVID-19 information to millions.
2. Fractal Analytics
Established in 2000, Fractal Analytics is a multinational AI company with dual headquarters in Mumbai and New York City. The firm offers AI solutions across sectors including consumer goods, insurance, healthcare, and finance. In 2022, Fractal achieved unicorn status after a significant investment from TPG, underscoring its prominence in the AI industry.
3. Yellow.ai
Launched in 2016 in Bangalore, Yellow.ai focuses on automating customer experiences through conversational AI. The company provides voice and chat interactions for enterprises, serving clients like Sony, Flipkart, and Domino's Pizza. In 2023, Yellow.ai introduced its Dynamic Automation Platform (DAP) and the generative AI platform YellowG, enhancing automation workflows.
4. Jivi
Headquartered in Gurugram, Jivi is an AI healthcare startup that utilizes artificial intelligence to offer potential diagnoses, treatments, and generate health reports. In 2024, AI Fund, led by renowned computer scientist Andrew Ng, made its first investment in India by backing Jivi, highlighting the startup's innovative approach in the healthcare sector.
5. KOGO AI
Based in Bengaluru, KOGO AI has developed a platform enabling companies to build AI agents capable of conversing in multiple languages, including Hindi, Urdu, and English. The startup has partnered with the Indian government's Bhashini initiative and Microsoft to enhance multilingual capabilities, aiming to support an additional 73 languages in the future.
6. Sarvam AI
Founded in July 2023, Sarvam AI aims to make generative AI accessible across India. The company has open-sourced "OpenHathi," an Indic Hindi language model built on Llama 2, and "Samvaad," a dataset featuring high-quality conversations in English, Hindi, and Hinglish. Collaborations with Meta and Microsoft further bolster its efforts to develop vernacular language models and voice-based AI solutions.
7. Ezeelive Technologies
Based in Mumbai, Ezeelive Technologies is a leading company in Generative AI Development in India. With a strong focus on AI-driven solutions, the company is pioneering advancements in conversational AI, automation, and enterprise AI applications. Under the leadership of Milan Sharma, who has been CEO since 2024, the company continues to innovate in the AI space.
8. LightMetrics
LightMetrics is an AI startup specializing in computer vision and AI-powered fleet safety solutions. The company’s technology helps fleet operators enhance driver behavior monitoring, reduce accidents, and optimize logistics operations.
9. Arya.ai
Arya.ai is a Mumbai-based startup focusing on building autonomous AI systems for financial services, healthcare, and other industries. Their AI-powered tools assist enterprises in automating complex decision-making processes.
10. Genei AI
Genei AI develops AI-powered research and summarization tools that help users extract insights from large datasets, making research more efficient. The company’s generative AI capabilities assist businesses and individuals in knowledge synthesis.
11. Rephrase.ai
Rephrase.ai specializes in deep learning-powered AI-generated videos, enabling businesses to create hyper-personalized video content at scale. Their AI-driven video synthesis technology is widely used in marketing and communication.
12. Mad Street Den
A Chennai-based AI startup, Mad Street Den focuses on AI-driven computer vision solutions for e-commerce and retail. Their proprietary AI platform, Vue.ai, is used by brands to enhance customer engagement and automate workflows.
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