Nasscom's Chosen 26 Generative AI Upstarts
From the shortlisted 70, here is the top 26 that made the cut (full list coming up)
Nasscom’s Generative AI Cohort #1
credit: Photo by Google DeepMind: https://www.pexels.com/photo/an-artist-s-illustration-of-artificial-intelligence-ai-this-image-visualises-the-benefits-and-flaws-of-large-language-models-it-was-created-by-tim-west-as-part-of-the-visualising-ai-pr-17485738/
NASSCOM’s Generative AI Foundry aims to help tech startups in the AI domain build India’s niche in the global Generative AI startup landscape. As part of this program, it has selected 26 startups from an initial group of 70 applicants.
The program is a 12-month training setup for the chosen firms with funding up to $25 million. The landscape of Gen AI has already raised funds of about $590 million so far in India. These companies will get access to leading-edge tech stacks, GCP compute nodes, and opportunities for paid PoC from the network.
The objective is to help create an Indian niche in the Gen AI space for products that can go world-class and scale successfully. India sees this as another technological opportunity that should not be let go. Naturally, AI services will be a spillover from this effort.
The Foundry is a partnership with more than 30 investors and industry partners. Anthill Ventures, Broadridge, Capgemini, Centific, Chiratae Ventures, Cigniti, eClerx, Endiya Partners, GitHub, Jio GenNext, MathWorks, Microsoft, Pavestone VC, Premji Invest, Samsung R&D Institute Bangalore (SRI-B), Silverneedle Ventures, Sutherland, and _VOIS (Vodafone Intelligent Solutions) are some of the partners putting their stake in the ground for this initiative.
The chosen 26 are listed below:
https://kroop.ai/about-us
KROOP AI is an ethical synthetic audio-visual deep-learning platform that develops digital avatars for given text inputBrahmgan.ai
The company creates the next generation of infrastructure for 3D services. The company was started in 2022 by serial entrepreneurs to help various gaming studios make their asset development faster. Now cover Ecommerce clients and the XR industry which innovatively uses the NeRF outputs to create highly photorealistic scenes.
Justbaat.com
Create life-like AI anchors for brands with engaging videos in Indian languages in seconds
https://www.webnyay.in/
The company has a platform that allows for fast resolution of disputes and complaints digitally
Vitra.ai
Vitra has a platform that can help translate videos, podcasts, images, and text, into 75 different languages with one click
https://www.vixr.io/
Remote sales and support platform with better than real-life 3D, XR spatial audio-visual imagery that is mind-blowing. Run by Sunil and his experienced startup team of founders.
https://slanglabs.in
Build the CONVA COnversational in-app Voice Assistant platform that helps e-commerce apps increase their revenues with better product discoverability by eliminating multiple drop-off reasons in the consumers' path to purchase. Is a Google investee and is proudly so.
https://vodex.ai/
Vodex is a Generative AI tool for making outbound calls to your customers. Unlike a machine-based or robotic-based call, Vodex talks in a human-like voice. Every call feels friendly and genuine. It understands and recognizes speech with 98% accuracy.
https://visionbot.com/
AI-based visual inspection monitoring tool that helps automate field reporting and creates efficiencies where physical inspection is required.
https://visualdub.in/
Bangalore-based Visual Dub, already has crossed 1.5mil seconds of dubbing, partnered with Amazon, supports 30+ languages, and claims over 1bil data points in the training model.
VisualDub bridges the gap between a seamless viewing experience and the consumption of non-native content. Enter a new cinematic age with natural lip sync and high-impact storytelling.
https://www.shorthills.ai/
Custom generative AI tools for enterprises are the forte of Short Hills. This team was working on LLMs long before ChatGPT became a verb. After successfully building custom LLMs, GPT-4 plugins, and installing open-source LLMs like Dolly they now believe and offer services that all enterprises can harness this new technology just like electricity or the internet.
https://zocket.ai/
Zocket helps clients create ads in less than 30 seconds using Generative AI and a host of techniques. Have raised $3 mil from Kalaari Capital.
https://docketrun.com/company/
DocketRun is an AI-powered video analytics platform that enables organizations across industries to streamline operations, ensure safety and security at the workplace, enhance customer experiences, leverage data to drive decisions, and thus supercharge their businesses.
The list goes on. But you get the point. India is gearing up to ride the AI opportunity starting with the Generative AI sector. Will add more research shortly. But that is it for now.