10 Indian AI Startups You Need to Keep an Eye On
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Published 2023-08-10
In this video, we take a look at Top 10 Indian AI Companies, building incredible products and services.
0:00 Intro
3:16 Goodmeetings
4:24 Stable Diffusion API
5:53 Hiresure.ai
7:17 EatX
8:03 Vitra.ai
8:50 Nintee
9:25 MachineHack
10:25 Rephrase.ai
11:46 Minus Zero
12:40 Karya
Goodmeetings: Goodmeetings offers a platform for companies to enhance customer meetings. It records and transcribes video meetings, creating a searchable library. AI generates meeting summaries and suggests actionable topics. It compiles key moments for quick review. Currently for sales and customer calls, it could expand to internal meetings. Founded in 2020, Bengaluru-based Goodmeetings raised $1.7M in Pre-Series A funding from Chiratae Ventures.
Stable Diffusion: The Stable Diffusion API offers stable diffusion as a service, allowing users to generate images using various models for free. While the free version has slower image generation without GPU priority, paid plans are available for faster results. Enterprise solutions with dedicated resources are also offered, including text-to-speech AI capabilities.
Hiresure.ai: Hiresure, an AI solution, addresses employee hiring and retention challenges. It utilizes real-time data to determine competitive pay ranges, aiding companies in making accurate offers for hiring and promotions. Founded in Bengaluru, Hiresure secured a $2.5M seed funding in Feb 2023 from Y Combinator and Three State Capital after participating in YC's Summer 2022 batch.
EatX: EatX, a computer vision firm, accelerates restaurant service by emulating efficient practices of top restaurants, reminiscent of McDonald's speed-oriented kitchen model from the 1950s. Utilizing AI, EatX enhances kitchen efficiency in Bengaluru-based restaurants by monitoring staff behavior, ingredient use, and employee productivity. Founded by entrepreneur Sandeep Medarametla in 2022.
Vitra.ai: Bengaluru-based startup vitra.ai, part of Google for Startups Accelerator in India 2023, transcribes and translates videos into various languages. Creator praises its utility, showcasing translations from Hindi to Kannada to Marathi. The platform covers over 75 languages, including Afrikaans, Arabic, and more.
Nintee: Nintee, an AI startup by Paras Chopra, founder of Wingify, is developing a Discord-based AI personal assistant named Nintee. The AI is trained on podcasts to offer guidance in health, wealth, and wisdom. With $2.5M funding from VCs and angels, the remote Indian team is behind this initiative.
Machinehack: MachineHack Generative AI, a Bengaluru-based startup, fills the AI education gap by hosting hackathons, AI competitions, and courses. It offers enterprise solutions for hiring based on users' skill-level data. Their product Datalyze aids AI-powered dataset exploration. The quirky logo features a space monkey with a speargun. It sells "shovels" to aid in the AI gold rush.
Rephrase.ai: Bengaluru-based startup rephrase.ai leverages AI and deepfake technology to revolutionize celebrity advertising. They craft tailored ads for social media by manipulating a single celebrity video. Their clientele includes major brands like Johnson & Johnson, Microsoft, and Cadbury. Founded in 2018, the startup has garnered $12 million in funding, notably a $10.6 million Series A in 2022.
Minus Zero: Minus Zero has developed India's first autonomous vehicle, the zPod, primarily as a tech showcase. Though production isn't the main focus, funding is crucial due to a lack of revenue. With a recent $1.7M fundraise in 2022 and the potential for more investment, Minus Zero could dominate India's self-driving sector.
Karya: Karya, a non-profit based in Bengaluru, is gaining recognition for collecting and selling audio data from rural Indian users to train AI models. Users record native language text, earning around 400 to 1.24 lakh rupees, benefiting rural communities. Karya's unique approach grants workers ownership of their data, attracting clients like IIT Madras, Microsoft, and MIT. Founded in 2021, Karya has paid over 6.5 crore rupees to 30,000 Indian individuals, contributing to the $17 billion projected global AI data market by 2030.
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All Comments (21)
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Check out Stable Diffusion API's FREE Image Generator: bit.ly/3KWbVMP
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India is not Developing.. It is just Recovering.. šš»šø
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This was great! Could you do this as a series sorted by topics like healthcare, AI, language tech, vision, supply chain management, hospitality, education, green tech, semiconductors, etc.
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Dear Caleb and the Backstage with Millionaires Team, A big thank you for featuring GoodMeetings in this video! It's such an honour to be showcased among such innovative peers. Your recognition of our work in enhancing sales productivity through AI is immensely appreciated. Thanks again for your support and for spotlighting the tech ecosystem's evolution. PS: We've added a snippet of this video to our testimonial page on the website š
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"from colonised tor free..." im gonna use this in my essays.
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I love how you accurately pronounced karya. Thank you for taking the effort!
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I'm excited about Good meeting and Nintee from this list
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Another one of very underrated Indian AI startups is Yatter which is making a huge leap in education and making powers of AI more accessible over on WhatsApp.
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And the worst part is that we don't even respect our own inventions. I'm quite certain that most of us don't even know about these AIs. First, we should show respect for our Indian products and make use of them. ā¤š®š³
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Fantastic video and such a positive one! feel proud about my country!! š®š³š one word that repeats in all of these Ai start ups is āBengaluruā ą²Øą²®ą³ą²® ą²¬ą³ą²ą²ą²³ą³ą²°ą³ šš
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Sam was very direct in answering to that question (typical techie) and was responding to building foundational models within 10mn (limited budget). He knows the works and money goes behind the foundational models and world knows gpt 3 iteration but no one has clues on how the gtp was working in its initial stages of iteration and efforts/money they have spent to make it this accurate. Nowadays sadly our people get offended without understanding the context , i think majority of indian audience is better suited for politically correct people than straight forward ones.
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Damn, these startups came up with so good ideas. Even though some were similar to the ones provided in the US, but this is a great foot forward.
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was suggested this channel. Great work. Thanks for sharing this
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Thanks a lot for bringing this to us. I wish the companies all the best!!!!
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This is really a great video Caleb!
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I am Indian, so thankful for saying this making this video.And yes India is ofcourse challenging country many Indians work in USA too in tech companies out there includind OpenAI too, and many AI based projects are going on. I am an AI student'
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Yes we need all startup stories which are based on AI so that we can also get some idea to start our own Startup
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I just think people misunderstood altman. He clarified that he meant it's hopeless to compete with open ai with 10 million. But his second statement is very interesting : "and it's your job to try anyways". I think he was saying that as a ceo he has to discourage competition and as a researcher he is telling you to try it even if its hopeless.
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Love your videos bro ! Being bangalorean was not aware of so many AI startups in my town š
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Need more videos like theseā¤š
