“Artificial Intelligence is the new electricity”, told Andrew Ng, founder of Coursera. He is also a professor at Stanford University.
“Humanity Is a Kind of ‘Biological Boot Loader’ for AI”, told Elon Musk, founder of OpenAI, Tesla, SpaceX.
Firstly, this whole world was showing interest in dot com business and the capability of the internet. Now, AI took the place of dot com world. Today, the whole world is waiting for the result that it can achieve. Many startups rose in this area and any investors are showing interest in investing here. Meanwhile, India is also improving in this field. Wide research is conducted and many startups are solving problems with AI in India. Here are a few such startups which took the power of this technology to different sectors solving major problems.
This startup will resonate in your mind. Health care is one of the major industries that AI should serve in. Due to various reasons, this has not yet achieved. NIRAMAI stands for “Non-Invasive Risk Assessment with Machine Intelligence”. In Sanskrit, niramai means being free from illness. This startup is for breast cancer. According to WHO, one in every 12 women is prone to breast cancer. In addition, Breast cancer cells are difficult to detect at an early stage. Therefore, Niramai provides a cost-efficient way to detect cancer cells and it is also the best alternative way from mammography. The core of the NIRAMAI solution is Thermalytix, a computer-aided diagnostic engine that is powered by Artificial Intelligence.
Chatbots are ubiquitous these days. They are a part of public interaction in an organization. However, learning how to create chatbots from scratch is a basic task in Data science.
Haptik.ai is the world’s largest conversational AI platform. This was launched in 2013 in Mumbai as a one-stop app for everyday tasks and now it is the world leader in this field. This platform reaches more than 30 million devices per month. Moreover, Haptik provides 16 different channels of texts and voices for the users to build, deploy and manage a conversational application.
AI penetrated into almost every sector. It is even covering the logistics business. There are a few companies in this field and LogiNext is definitely a leader in them.
LogiNext helps in managing field services. It tracks and optimizes field agent movements in real-time on a single map interface. In addition, LogiNext helps the organization plan and manages the dispatch schedule, delivery route and the capacity to deliver. It uses Big data analytics and algorithm-enabled location intelligence to predict the delivery of the package.
Artificial Intelligence culture started to grow even in the finance industry. It lends loans to small business. It does all the big data analytics which facilitates lenders to evaluate borrower’s creditworthiness. In short, LendingKart helps to make capital funds available to help entrepreneurs focus on their business instead of worrying about cash-flow flaws.
CropIn is the future of agriculture. It is an app that provides future-ready farming solutions. It is capable of live reporting and geographical analysis, interpretation and insight. All the data is gathered in the smartphone which helps farmers to use it easily.
Niki.ai is a virtual agent which helps you to do various transactions through different platforms. From postpaid recharges to hotel bookings, Niki.ai will be your side and does all your transactions safely. It uses AI by taking few inputs from the user and does the payment or booking. It decreases user interaction and thus helping to be more productive.
Sigtuple develops medical diagnostic solutions using machine learning and artificial intelligence. The company’s AI platform is build to perform screening and advanced diagnosis of urine, semen, blood along with x-ray. Consequently, this fast analysis of samples and delivery of reports help doctors to take quick actions and save lives. This is a Bangalore -based startup which started in 2015 by raising a good amount from venture capitalists.
Mad Street Den –
Mad Street Den is one of India’s first AI and computer vision startups. It is a Chennai-based startup which brought AI into the daily life of consumers in the fields of IoT, online fashion, gaming etc.
Vue.ai is the company’s flagship product which serves retailers, specifically in fashion, across the globe. It showcases products from various sites, apps that are more relevant to the customers. This startup is listed in Bloomberg’s top 50 promising startups too.
Intello Labs –
India is traditionally known for agriculture. It accounts for 18% of country’s GDP. Farmers face a lot of problems. Intello Labs is such startup which solves various problems of farmers and provides assistance to them. This agri tech startup is providing AI-based solutions like detecting an image, grading, analysing, and testing Agri commodities. The user simply takes a photo of the sample and uploads it. Now, the cloud receives this data which is passed through an algorithm. The user receives the results with various remarks and checkpoints.