Top 11 Machine Learning Startups, You Should Keep An Eye On
Do you know that India has more than 10 thousand machine learning startups in India alone? This number is even more significant than some of the developed countries. Whether it is healthcare, retail, legal, fashion, manufacturing, or banking, almost every industry in India uses AI to innovate new ways of business. That’s why, globally, all eyes are on India, and our country is facing fierce competition in the artificial intelligence and data science marketplace.
You may have already heard and seen AI’s use in chatbots, intelligent cars, video games, smart home assistants. Still, in this post-pandemic world, AI has penetrated operation theatres, agriculture, and even courtrooms.
So, in this blog, we will explore ten machine learning startups. We have picked the most promising names from each industry, so do read till the end to pick your favourite.
1. Intello Labs
Intello Labs has developed a framework for agricultural commodity grading and quality control using AI and machine learning tools and techniques such as computer vision and deep learning. The company offers a mobile app-based image-based solution that helps add clarity and standardization to quality assessment, lowering value risk and wastage in agriculture supply chains. Intello Labs is based out of Gurgaon, and it works with farmers, wholesalers, retailers, and foodservice providers.
2. Ask Talos
AskTalos is an effective and smart AI-enabled chatbot system that answers users’ queries without human interference and gets trained over time itself. This chatbot helps automate the organization’s repetitive work so employees can invest their time in more productive work. This SaaS-based tech company is based out of Pune and serves almost every industry.
3. Doxper
Doxper assists doctors, hospitals, and patients via digitized records, reminders, and schedules. In other words, Doxper helps doctors and hospitals digitize to improve their operational, clinical, and patient engagement outcomes. Based out of Mumbai, this digital dose to healthcare system aims to make data storage and retrieval simple and automate patient follow-ups and data transcription.
4. Artivatic Data Labs
Similar to Doxper, one more startup, which is making its name in the health care domain, is Artivatic Data Labs. Artivatic Data Labs is an end-to-end AI infrastructure framework based on deep-tech, machine learning models and in-depth analogies of genomic science, psychology, and neuroscience. The company enables large corporations, entrepreneurs, and developers to create and implement intelligent products and solutions without the need for extensive growth. It is based out of Bengaluru and offers support for the healthcare and insurance industry.
Our next two machine learning startups are from the Logistics domain.
The first is,
5. LogiNext
LogiNext is the world’s leading enterprise SaaS company that optimizes field service and logistics movements leveraging data analytics and machine learning tools/algorithms all over the world.
And the second is,
6. IN-D
IN-D creates an AI-powered platform for digital operations that are location-agnostic, agile, and low-cost. It encourages document processing using AI-based knowledge extraction for structured and unstructured data, regardless of the template.
Both of these machine learning companies offer software as a service and serves clients across the globe.
7. My Ally
The Seventh name on our list is My Ally. Yes, you heard it right. The name is My Ally. My Ally is a groundbreaking B2B SaaS organization that uses artificial intelligence to improve recruitment. Their AI assistant Alex handles scheduling and coordination, allowing the talent team to concentrate on more complex tasks. Though My Ally is based out of Palo Alto, USA, its management is Indian and runs its major operations from Hyderabad.
8. RayReach Technologies
The Eighth feature from our list of machine learning companies is RayReach Technologies. RayReach Technologies focuses on providing AI and Machine Learning (ML) solutions in predictive analytics, Prescriptive, and automated prescriptions. Revenue Predictions, Sales Predictions, HR Attrition Models, Service Management cases such as Predicting Major Incidents, Predicting SLA Breaches, and many others are among the models developed by the company. RayReach Tech operates from Chennai and offers a variety of solutions to the government and banking sectors.
9. Innefu Labs
This ninth startup is mainly popular because of its efficient security services. Innefu Labs is a company that specializes in IT security solutions for the banking and financial services industries. Its artificial intelligence technology offers biometrics authentication and multi-factor authentication methods, as well as data analysis to anticipate and avoid virtual threats. Innefu Labs operates from India’s capital Delhi and offers Information Security & Data Analytics solutions to Banks and NBFCs.
10. Ishitva Robotics
The need for AI has been realized by almost every industry, and one good example of it is Ishitva Robotics Systems. A few years ago, nobody could have thought of robotic systems for the waste management process, but Ishitva Robotics is utilizing this tech very efficiently. Ishitva Robotics Systems seeks to fix real-world waste problems by developing effective solutions using Industry 4.0 technologies such as Artificial Intelligence, Machine Learning, and the Internet of Things (IoT). It is based out of Ahmedabad and serves clients all across the nation.
Here’s a cherry on the top. We are giving one more name from our list of machine learning companies, which is truly a game-changer in its domain.
11. Leverton
Leverton is an MRI Software Company that provides AI-powered data extraction and contracts analytics platform for corporate and legal documents. The company’s automated abstraction process eliminates error-prone, manual data entry while helping in identifying and removing data discrepancies. Leverton accelerates mundane data extraction processes by 50 per cent to 75 per cent, enabling employees to spend more time doing more strategic, higher-value tasks cost-effectively.
At The End…
That was our list of 11 startups, which are changing the face of ML in India with the latest machine learning models and modern machine learning tools. For more details and news on AI, visit our website InsideAIML.com. It is a dedicated platform for AI, ML and Data Science Courses and Learning needs. And if you know about a company, which is wort of being mentioned but was missed out. Do let us know in the comment section below. We will definitely write another blog combining all the names with your credits.