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9 interesting generative AI startups in India

The Indian generative AI ecosystem had 60 firms in various sectors as of May 2023, according to Nasscom. A look at 9 such firms across coding, chatbots and audio-visual applications.

October 28, 2023 / 15:02 IST
Indian generative-AI startups had raised over half a billion dollars as of May 2023. (Image by Steve Johnson via Unsplash)

Indian generative-AI startups had raised over half a billion dollars as of May 2023. (Image by Steve Johnson via Unsplash)

US-headquartered consultancy McKinsey estimates that generative AI could add $4.4 trillion to the global economy annually. According to the report by McKinsey, startups will significantly automate half of the world's work by 2060. As financing for Indian startups moves away from creative applications and toward business infrastructure development, this is expected to increase in the following months.

The Indian generative AI ecosystem had 60 firms across industries as of May 2023, as reported by Nasscom. Over $590 million has been invested in this industry, with 2022 experiencing the highest influx of money. A report by SaaSBoomi and McKinsey published on July 27 also said that in India, the number of generative artificial intelligence (Gen AI) based Software-as-a-Service (SaaS) startups has more than doubled since 2021, raising $590 million in funding as of May 2023. It is in response to the increasing popularity of Gen AI tools such as ChatGPT.

Generative AI uses models trained on massive data sets comprising text, images, audio, and video to create "original" work. Marketing, advertising, sales, media, gaming, graphic design, product design, law, coding, architecture, and many more areas are ripe for these open applications. Below is a compilation of the leading generative AI startups in India.

Audio and video

Beatoven.ai

Beatoven.ai helps users produce music in many genres, including classical, electronic, and hip-hop. By enabling users to modify the cadence, key, and additional parameters of their music, the platform gives them more control over the result.

Dubdub.ai

Dubdub.ai is a dubbing platform that uses artificial intelligence to generate video material in multiple languages. Utilizing AI/ML technology, it reduces the cost, accelerates the process, enhances the dependability, enables scalability, and facilitates sharing in dubbing. It assists in the synchronization of audio and visual. Dubpro's AI + Human-in-the-loop video dubbing tool helps users to translate video content into several languages, with 10+ quality assessments.

Listnr

Listnr empowers users to generate lifelike Text-to-Speech (TTS) audio using an AI Voice Generator, including top-tier AI voices. This technology is versatile and may be used for various purposes, such as podcasts, audiobooks, video sales letters, YouTube videos, eLearning material, sales and social media content, and IVR systems. Listnr enables users to generate authentic AI content by offering a wide selection of more than 900 voices across 142 diverse languages.

Coding

CodeMate

CodeMate is an AI-programming assistant that claims to increase developers' productivity while coding by a factor of 10. CodeMate is a useful extension for Visual Studio Code. Automate the debugging process. Syntax mistakes, logical flaws, performance concerns, and even run-time errors are all within the scope of this tool's ability to repair. It analyzes your code with algorithms and machine-learning methods and recommends changes.

Using best practices and industry standards, CodeMate can assess your code and report on any potential problems. It can offer suggestions for improvement in areas like code style, naming conventions, formatting, and documentation.

DhiWise

DhiWise is a development environment where designers may export their work as code for web and mobile apps. DhiWise streamlines software development by automatically producing clean, modular, and reusable code. It provides a smart platform for fast-developing online and mobile apps. It's a streamlined process that incorporates both human and digital elements. It's a tool for alleviating resource constraints in businesses.
Image generation and 3D modelling

Blend ai

Blend is an automated ad-platform that leverages AI to develop and improve campaigns for e-commerce companies. Blend streamlines internet advertising for online retailers, and allows easier management of advertising efforts, creating meaningful connections with customers, and distributing ads across different platforms with a few mouse clicks.

Neuropixel AI

NeuroPixel AI Labs develops online retail storefront applications using advanced AI/ML and statistical learning theory in computer vision and image processing. The system utilizes exclusive Deep Neural Network (DNN) algorithms to produce photorealistic synthetic models while also automating the labour-intensive and repetitive task of apparel cataloguing. In the online fashion industry, where NeuroPixel AI is implemented, catalogue images are the linchpin of the consumer purchasing decision.

Chatbots

Alltius

Alltius is an AI-powered platform that provides conversational assistance within software applications. Its main purpose is to assist and advise users throughout their product experiences. It develops GenAI assistants to assist the user's consumers, and support, and sales teams. Its platform provides coaching on user data in any format, along with skills that extend beyond question-and-answer capabilities.

Contlo

Contlo is a marketing platform powered by AI. It allows firms to utilize its AI model to execute customized campaigns and automated customer experiences across communication channels such as email, SMS, WhatsApp, Webpush, and social media in a bid to improve brand loyalty. Contlo's artificial intelligence can also be used to handle audiences, gather data, and obtain business/performance insights.

Neha Jogi is a freelance technology writer. Views expressed are personal.
first published: Oct 28, 2023 02:54 pm

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