Emerging Indian AI Startups to Watch in October 2023
AIGnosis, founded in 2024, focuses on autism screening with a five-minute AI tool, while August AI, with over 35 lakh users, offers a multilingual AI health companion. Founded in 2024 by Anuruddh Mishra, the platform supports over 30 languages and boasts more than 35 lakh active users, including 1 lakh doctors. Webenoid, launched in 2022, utilizes AI chatbots to automate customer support services.
As artificial intelligence (AI) continues to evolve into a transformative force across various industries, India has emerged as a significant player on the global stage. This article highlights five promising early-stage AI startups from India, part of a monthly spotlight series on emerging companies in the field.
Spotlight on Promising Startups
This first edition of the series features AIGnosis, August AI, Mple, Sherlocks, and Webenoid. Each of these startups offers unique solutions that leverage AI technologies to address specific challenges or enhance existing processes.
"AI Startups To Watch: 5 Indian startups"
AIGnosis and August AI: Transforming Health and Wellness
AIGnosis, founded in 2024, is dedicated to improving the screening process for autism spectrum disorders. The startup has developed a five-minute AI assessment tool designed to streamline early detection and intervention.
In the realm of health and wellness, August AI offers an AI health companion accessible through WhatsApp and its own application. Founded in 2024 by Anuruddh Mishra, the platform supports over 30 languages and boasts more than 35 lakh active users, including 1 lakh doctors. This accessibility aims to democratize health information and support across diverse linguistic groups.
Innovations in Business and Technology
Mple.ai, established in 2023 by Riddhesh Ganatra and Ameet Verma, employs AI to enhance sales training processes. By focusing on improving sales team efficiencies, Mple aims to optimize business outcomes through targeted training modules.
Sherlocks.ai, founded in 2023, addresses the needs of tech teams with its AI-driven incident management system. This solution is designed to streamline the resolution of technical issues, reducing downtime and enhancing operational efficiency.
Webenoid, launched in 2022, utilizes AI chatbots to automate customer support services. This automation not only reduces the burden on human agents but also ensures customers receive timely and accurate responses to their queries.
Exploring New AI Frontiers
In addition to these startups, the October 2023 spotlight also features AiroClip, Redacto, Adya AI, QuickAds, and Wyzard AI. Each of these companies is forging new paths in the AI domain with innovative solutions.
Adya AI, based in Bengaluru and founded in 2023, focuses on promoting AI adoption within enterprises. Its core products, including ATMA, ADI, and Vanij, are integral to its enterprise AI platform offerings.
AiroClip, established in 2024, is a Bengaluru-based AI gaming studio aiming to personalize gaming experiences. QuickAds, founded in 2023, provides a full-stack ads operating system for brands, streamlining the advertisement process.
Redacto, also founded in 2024 and based in Bengaluru, offers an AI-driven privacy infrastructure platform. Its modular suite, featuring Privacy Engine and ConsentFlow, automates data discovery and consent management, ensuring compliance with privacy regulations.
Wyzard AI, launched in 2024, provides a Signal-to-Revenue AI platform, enhancing business intelligence and revenue generation capabilities.
AI Technology Adoption and Trends
Across these startups, a significant trend is the focus on AI applications, with 67% of the companies concentrating on practical implementations of AI technologies. Additionally, 76% of these startups utilize open-source technology, reflecting a broader trend towards collaborative and accessible AI development.
As India continues to establish itself as a hub for AI innovation, these startups exemplify the diverse potential of AI applications across different sectors. The monthly spotlight series will continue to highlight emerging companies that are shaping the future of AI both in India and globally.