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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
^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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