AI expenditure in India is expected to reach $11.78 billion by 2025 and add $1 trillion to India’s economy by 2035, as per a World Economic Forum report. The AI in Healthcare Market is projected to grow from $14.6 Billion in 2023 to $102.7 Billion by 2028.[1]
The following is a list of notable AI companies of India, along with their corporate headquarters location.
| Name | Headquarters | AI Field | Founded year |
|---|---|---|---|
| Dunzo | Bangalore | Delivery | 2014 |
| Fractal Analytics | New York City, United States | Data Analytics | 2000 in Mumbai[2] |
| Glance | Bangalore | Social media | 2019 |
| Haptik | Mumbai, India | Chatbot, Intelligence Assistant | 2013 in Mumbai[3] |
| Infibeam Avenues Ltd (Phronetic.ai) | GIFT City, Gandhinagar, India | Fraud detection and Authentication and Risk identification in financial & commerce sector | 2010[4] |
| kFin Technologies | Hyderabad | Insurance | 2017 |
| Niki.ai | Bengaluru, India | Chatbots | 2015 |
| Ola Electric | Bangalore | LLM | 2017 |
| Persistent Systems | Pune | Data Analytics | 1990 |
| Tata Technologies | Pune, India | AI/ML based Manufacturing R&D[5] | 1989 |
| Uniphore Software Systems | Palo Alto, United States | Conversational automation | 2008 in Chennai, India |
| Yellow.ai | San Mateo, United States | Messenger | 2016 in Bangalore, India |
| Zoho Corporation | Chennai | General AI | 1996 in Chennai, India |
References
- ↑ J, Jayapriyanka (27 June 2023). "Artificial intelligence: A promising future with challenges ahead for healthcare in India". BusinessLine. Retrieved 14 December 2023.
- ↑ Nataraj, Poornima (5 January 2022). "Analytics & AI firm Fractal raises $360 million investment, becomes the second unicorn of 2022". Analytics India Magazine. Retrieved 14 December 2023.
- ↑ "AI start-up Haptik says company's revenue grew 2.5x, onboarded 5,000 SMBs in 2022". Business Today. 27 December 2022. Retrieved 14 December 2023.
- ↑ "Infibeam Avenues Ltd's AI-Hub at GIFT City christened as 'Phronetic.ai'". VCCircle.
- ↑ "Tata Technologies' use of AI/ML reduced power consumption by 18% on shopfloor". Autocar Professional. Retrieved 14 December 2023.
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