Artificial Intelligence Startups In India – The Best Artificial Intelligence Stocks in India: The world is changing at an unprecedented pace. Think twice before watching a high definition video online in a decade, today we have self-driving electric cars entering Indian markets and machines and robots with human intelligence doing our jobs. It also opens up new opportunities for investors to get an early jump on these opportunities.
In this article, we focus on the best artificial intelligence stocks in the Indian stock market that offer opportunities in this sector. Continue reading to know more.
Artificial Intelligence Startups In India
Artificial intelligence refers to the imitation of human intelligence by machines, especially computer systems. These enable the necessary workforce to be handled in a shorter time and with greater precision.
Indian Startups That Are Leading The Ai Race: 2020
AI stocks are not only a great investment for the future but can also be a game changer for the Indian economy. AI is estimated to account for 15% of India’s current gross value or USD 957 billion in 2035. Following are some of the top companies working on AI in the Indian stock market.
Tata Elxsi was established in 1989 to develop and market electronics, embedded systems and software applications. Today, Tata Elxsi is one of the world’s leading suppliers of design and technology services in various industries. These include the automotive industry, radio broadcasting, communications, health care and transportation.
The company, which is part of the Tata Group, is listed and operates in the category of large companies. When it comes to AI, the company has achieved success in various fields such as self-driving cars, video analytics solutions, etc.
Report: State Of Artificial Intelligence In India
The company also works with other technology-related topics such as IoT (Internet of Things), cloud and smart mobility. Last year, Tate Elxsi won the 2021 NASSCOM Engineering & Innovation Excellence Awards for technical service providers across all product groups.
Financially, the company has developed well. Tata Elxsi has had a compounded sales growth of 15% in the last 5 years.
Founded in 2006, Affle is a global technology company. The company is primarily focused on providing end-to-end app marketing solutions.
Yourstory’s Top 50 Disruptive Startups: Indian Companies That Dominated The News In 2019
Here, Affle drives user acquisition, engagement and transactions through relevant mobile advertising. Their AI uses behavioral signals, marketing attribution and transactional data from users to predict someone’s interests. This allows users to target ads according to these preferences, improving ad content.
Affle also provides end-to-end solutions for organizations to interact with mobile users. They currently hold 20 patents, 6 of which are granted in the US related to digital advertising, fraud detection and voice-based intelligence.
The company has filed 14 patents in the US, India and Singapore for innovative future use cases.
Can India Emerge As The Global Leader In Ai In 2023?
The company offers services for digital transformation, digitally connected companies, SAP, outsourced product development and digital commerce and marketing.
They focus on using AI to solve challenges that otherwise require human intelligence. The company does this by automating complex tasks that help companies get more out of machines.
Oracle helps businesses automate operations by automating pre-built artificial intelligence and data-driven cloud applications, resulting in time and cost savings through faster processes and improved customer experience.
Zoho, Freshworks And Top Indian Saas Companies Have Given 500 Entrepreneurs To The Indian Startup Ecosystem
Its AI applications can be used in various fields. This includes optimizing cash flows, automating receivables and payables, and purchasing and inventory for finance teams.
In sales, their applications help agents convert sales by helping them identify prospects with the highest potential. These applications have also been extended to HR to help improve employee engagement and candidate quality.
Happiest Minds was founded in 2011 and is an IT consulting and service company. The company offers many services to its customers such as Artificial Intelligence, Cloud, Internet of Things (IoT), Blockchain Robotics/Drones, Virtual/Augmented Reality etc.
Opportunities To Invest In Startups In India
The company applies artificial intelligence to emerging technologies such as language processing, image analysis, video analysis, and AR and VR. Additionally, the company helps companies implement AI robotic smacking, resulting in time and cost savings.
Founded in 1993 and based in Pune, Persistent Systems provides its customers with secure and scalable mobile network capabilities.
For this purpose, the company uses advanced wave relay MANET technology. The company uses AI to help companies improve and scale their operations, prioritize cases and build platform architecture.
Pdf) Rise Of Artificial Intelligence In Healthcare Startups In India
The company has also developed well financially. It has achieved 15% compounded sales growth over the past five years.
Founded in 1991, Scient is an engineering, outsourcing and technology solutions company. They provide AI tools and help companies achieve their respective goals.
Based in Hyderabad, this company is one of the top 30 outsourcing companies in the world. Financially, the company achieved an increased sales growth of 10%.
Mapping The Generative Ai Landscape
Bosch has its hands in many areas. The company launched the Bosch Center for Artificial Intelligence (BCAI) in 2017 to develop AI-related products and services.
It also produces research that makes a difference in all its arms. The company uses AI and machine learning in vehicle analysis, predictive maintenance, large-scale simulations, etc.
Currently, AI as a revenue segment generates less revenue than other major segments of tech companies in India. So investors hoping to get into tech companies hoping for an AI boom need to take this into account. Unlike in the US, there is no listed stock in India that generates high returns from AI production.
Union Budget 2023: Ai Experts Eye Big Push For Startups, Regulation And Tax
Therefore, at this time, investors should take a holistic approach to investing in companies rather than focusing solely on their AI capabilities.
The current technological swing towards AI has attracted many companies to invest in the technology. It also made investors want a piece of the action. Investing in the right artificial intelligence stocks can be very rewarding in the long run.
That’s all for this post, let us know which AI stock you think is most attractive in the comments below. Happy investing!
Top Artificial Intelligence Startups Impacting The Railway Industry
You can now get the latest stock market updates on Trade Brains News and you can also use our Trade Brains portal for fundamental analysis of your favorite stocks.
A Bachelor of Commerce from Mangalore University, he ventured into the world of equity research to explore his interests in the financial markets. Outside of work, you can catch him at a show, supporting RCB and dreaming of visiting Kasol soon. He also believes that letting children eat ice cream is the best way to teach them about taxes.
Do you want to learn the stock market and other financial products? Be sure to check out Fingrad, a learning initiative from Trade Brains. Click here to begin your financial learning journey with us. And don’t miss the introductory offer!! Artificial intelligence has been around for decades, but recently the field has gained momentum and is developing rapidly. Almost all organizations, be it retail or fashion or education or banking, are trying to use artificial intelligence and innovate their services in a user-friendly way to provide convenience to their customers. AI is becoming the new face of doing business. For example, human interaction with customers has now been replaced by chatbots.
Top 15 Ai Driven Edtech Startups In 2021
This need for artificial intelligence for many industries has created an environment for startups to flourish in the fields of artificial intelligence. Even the world’s largest technology companies finance start-ups in this area.
Analytics India Magazine brings you a list of “Top 10 Artificial Intelligence Start-ups” and how each of them has differentiated the niche field of artificial intelligence.
AIndra Systems, founded in 2012, is an artificial intelligence-based technology startup. It’s about solving large-scale problems in our society by creating products based on computer vision and machine learning. With its patent-pending Facial Recognition (FR) technology powering AIndra’s smartphone-based product ‘SmartAttendance Enterprise ™’, it can provide solutions to enhance and enhance the governance and productivity of various programs delivered in the field, for example: skills training, healthcare services, financial services etc. services in various remote areas.
Top Innovative Artificial Intelligence (ai) Powered Startups Based In India
“Drishti” AIndra’s FR platform works with smartphones, laptops, desktops-webcams, IP camera, tablets, etc. to authenticate users/beneficiaries using specific services and verify the individual against his/her government issued ID card. Like Aadhaar card. SmartAttendance Enterprise(tm) works even without an Internet connection in real time using a “store-and-forward” mechanism. In healthcare, AIndra is building an affordable cervical cancer screening device with sample collection using their computer expertise. Vision and machine learning.
Brainasoft is involved in the development of various and innovative AI products. Their software development interests include conversational bots, speech recognition, machine learning, and human-computer interfaces. Brainasoft’s flagship product i.e. Braina AI Assistant is a popular intelligent digital assistant software for Windows PC. Brain is used by more than 2,00,000 individuals and companies in more than 180 countries.
Some of the features of Brain include speech-to-text dictation on third-party software, playback of songs and videos stored locally and on online platforms such as SoundCloud and YouTube, providing weather information, controlling PC through an Android device, displaying news on a specific topic, knowing facts. Remember it from the conversation and when asked.
Number Of Startups In India Grows To 72,993 In 2022 From 471 In 2016
Brainasoft is planning to launch another innovative product like Inforobo soon. Inforobo allows users to easily create their own AI virtual assistants and chatbots. Inforobo can be used for a wide range of applications including customer service,
Artificial intelligence in insurance, artificial intelligence startups, artificial intelligence in retail, artificial intelligence startups india, artificial intelligence in recruitment, artificial intelligence in manufacturing, best artificial intelligence startups, artificial intelligence in india, top artificial intelligence startups, artificial intelligence startups london, certificate in artificial intelligence, artificial intelligence in fintech
