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Here are India's biggest AI startups based on how much money they've raised

TechCrunch · 1y ago

Here are India's biggest AI startups based on how much money they've raised

India's AI startup ecosystem is reminiscent of the early days of SaaS in the country, with funding constraints but promising opportunities. Some Indian startups are focusing on integrating local language support into their AI models, catering to the growing demand from Indian consumers. Despite funding dropping by nearly 80% in 2023, investors are actively seeking AI startups in India to diversify their portfolios and address data sovereignty concerns. Key players in the Indian AI startup scene include Krutrim, Sarvam AI, Mad Street Den, Wysa, and Neysa Networks. Emerging startups to watch include Upliance AI, Scribble Data, Expertia AI, OnFinance, Helium, Soket Labs, Kissan AI, and Shorthills AI.

Related News

India's spiritual startup boom: Faith goes fully digital

Inshorts · 1m ago

India's spiritual startup boom: Faith goes fully digital

India's spiritual tech startups are reshaping devotion through digital poojas, live-streamed aartis, and AI-led rituals. Platforms like Sri Mandir and Sadhana blend tradition with technology, enabling users to worship anytime, anywhere. With over 950 startups and $50 million raised in 2024 alone, the sector bridges generational gaps and redefines how modern Indians engage with spirituality.

$27 bn investment received by US AI startups in April-June: Report

Inshorts · 12m ago

$27 bn investment received by US AI startups in April-June: Report

US-based AI startups received a $27.1 billion investment between April and June, the NYT reported citing data from PitchBook. In total, US startups raised $56 billion during the period, up 57% from a year earlier and the highest three-month investment in two years. CoreWeave, Scale AI and Elon Musk's xAI were among the startups that raised money.

Melania Trump calls AI ‘the future of publishing.’

The Verge

The Verge · 1m ago

Melania Trump calls AI ‘the future of publishing.’

Melania Trump has announced that the audiobook version of her memoir is narrated using an AI clone of her voice created by ElevenLabs, highlighting AI's role in the future of publishing. There are already over 50,000 AI-narrated books on Audible, suggesting that this new era in publishing is here, though much of the content includes amusingly titled erotica. AI is transforming how content is created and consumed in the publishing industry.

Raising a seed round 101

Lenny's Newsletter

Lenny's Newsletter · 9m ago

Raising a seed round 101

This guide provides comprehensive advice on raising a seed round for startups, written by experienced investors Terrence Rohan and Jack Altman. It covers key topics such as determining if venture capital is right for your company, how much to raise, and how to maximize chances of a successful round. The article emphasizes the importance of creating FOMO among investors, preparing well-crafted materials, and getting powerful warm introductions. It advises on negotiating terms, focusing primarily on post-money valuation and board composition. The guide incorporates insights from successful founders of companies like Figma, Notion, and Instacart. It stresses the importance of choosing the right investors and vetting them thoroughly. Lastly, it discusses the pros and cons of announcing a successful seed round, emphasizing that the decision should align with the company's biggest challenges.

Meet the startups from Accel’s Atoms 3.0 cohort

VCCircle

VCCircle · 1y ago

Meet the startups from Accel’s Atoms 3.0 cohort

Accel's Atoms 3.0 cohort consists of eight startups in the AI and Industry 5.0 domains. They will receive funding up to $500,000, access to perks worth over $5 million, mentorship, and networking opportunities. The startups include Spintly, an IoT platform simplifying access control; Asets Inc, offering an AI-powered design suite; Tune AI, a generative AI stack for enterprises; Skoob, changing how readers interact with books; Arivihan, an AI-based learning platform for students; and Meritic, a storytelling co-pilot for financial planning. Two startups are currently in stealth mode.

Building Empires: Inspiring stories of India's top 10 startups

YourStory

YourStory · 2y ago

Building Empires: Inspiring stories of India's top 10 startups

Flipkart, Ola, Paytm, Zomato, BYJU'S, among others, have created a name for themselves in India's startup industry. Read this article to know about how startups in India are building huge establishments to innovate and lead India's tech journey.

MENA Digest: Connect Money leads fundraising; Smpl Holdings sets up VC fund

VCCircle

VCCircle · 1y ago

MENA Digest: Connect Money leads fundraising; Smpl Holdings sets up VC fund

Egyptian fintech startup Connect Money raised $8 million in seed funding, leading fundraising activities in the MENA region. Other startups that secured funding include UAE-based B2B payments platform Comfi and Iraq-based food delivery app Alsaree3. Additionally, Smpl Holdings established a venture capital fund.

Unicorn Club Of 2024: 6 Startups Crossed $1 Bn Valuation Mark

Inc42 · 6m ago

Unicorn Club Of 2024: 6 Startups Crossed $1 Bn Valuation Mark

India's unicorn count has reached 118 with the addition of six new startups in 2024. These startups, including Perfios and RateGain, have collectively raised over $100 billion in funding. MoneyView was the only fintech company to join the unicorn club this year. The majority of the new unicorns are based in Bengaluru, the country's leading startup hub.

RMG is dead; can India's game development startups step up?

Inc42 · 1y ago

RMG is dead; can India's game development startups step up?

India's game development startups are gaining attention from VCs and investors as they seek alternatives to the troubled real-money gaming sector. The recent tax action against real-money gaming platforms has disrupted the industry and led to closures and layoffs. Game development startups are facing challenges related to talent and high operational costs, which cannot be solved solely through VC funding. Startups are looking to nurture talent, improve government policies, and address the lack of resources and outdated syllabuses. VCs are cautious about investing in the game development space due to longer timelines for returns and the lack of precedents for success in India.

2024’s Biggest Startup Trends

Internet

Internet · 6m ago

2024’s Biggest Startup Trends

The Y Combinator video discusses the biggest startup trends for 2024, highlighting key areas of growth and innovation. It emphasizes the rise of AI-driven solutions, the increasing focus on sustainability, and the expansion of remote work technologies. The video also notes the importance of health tech and personalized services in the evolving market landscape. It explores how startups are adapting to changing consumer behaviors and leveraging new technologies to create competitive advantages, ultimately shaping the future of entrepreneurship. Save it for later or visit source to watch now!

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