With the rise in the popularity in AI in recent years,all sectors have had a noticeable impact through the use of artificial intelligence. AI has proven to have applications across various sectors such as healthcare,learning,management,logistics and much more. The Indian market has seen thousands of AI based tech startups in the last few years. Here is a list of 25 founders who are leading the way with their innovations among Indian startups.
1.Sandeep Deshmukh(ElasticRun) – Having completed his MBA from IIM Ahmedabad,Sandeep founded ElasticRun in 2016.His company ElasticRun is a B2B platform that connects FMCG and grocery brands to rural markets.The company generates an annual revenue of $604M
2.Prashant Warier( qure.ai ) – Prashant co founded Qure.ai in 2016 and serves as CEO at the company.The company is a provider of an AI-based decision support tool for diagnostic images.Its radiology solution can diagnose disease from CT Scans, MRIs, and X-rays as well as outline and quantify regions of interest such as tumours or lung disease patterns.The company is valued at $149M and generates an annual revenue of $11.4M.Prashant completed his education from IIT Delhi and Georgia Tech.
3.Nishith Rastogi(Locus.sh)-Nishit is the founder and CEO of Locus.sh– a last mile delivery management software founded in 2015.The company is valued at $300M and generates an annual revenue of $9.46M.Nishith completed his engineering from BITS Pilani.
4.Soham Chokshi ( Shipsy) – Having completed his Engineering from IIT Madras,Soham co- founded Shipsy in 2015.Shipsy is an AI powered logistics management software.He is currently serving as CEO of Shipsy.The company is valued at $124M and generates an annual revenue of $6.67M.
5.Vivek Raghavan(Sarvam AI): Vivek co-founded Sarvam AI alongside Pratyush Kumar in 2023.The company is a developer of large language models.It builds a platform that enables users develop and evaluate another company’s GenAI apps.The company is valued at$111M.
6.Sourabh Gupta(skit.ai): Sourabh co – founded skit.ai in 2016 after completing his B.Tech from IIT Roorkee and is the CEO of the company. Skit.ai is an AI and SaaS-based virtual assistant provider for contact centre automation.The company is valued at $83M and generates an annual revenue of $1.58M.
7.Ankush Sabharwal(CoRover): Ankush is the CEO and a co-founder at CoRover AI,a conversational AI platform to automate business operations. The platform leverages machine learning and natural language processing technology to support businesses give automatic responses to the users queries and actions, in multiple language, channel, and format.Ankush is an alumni of BITS pilani and IIM Calcutta.
8.Shiva Dhawan (attentive AI) – Shiva is the co-founder and CEO of attentive AI.The company provides SaaS and AI-based mapping products for delivering actionable insights to businesses.The company is valued at $14.5M and generates an annual revenue of $1.16M. Shiva completed his B.Tech from IIT Delhi.
9.Ashray malhotra( rephrase ai)-Akshay is the founder and CEO of rephrase ai– an AI based video creation platform founded in 2018. The platform provides features including AB testing videos which allow running different versions of the same video, generating personalized videos, creating educational videos, and transforming corporate training videos.Ashray completed his Dual degree from IIT Bombay.Rephrase.ai is generating an annual revenue of $928k
10.Gopichand Katragadda(Myelin Foundry)- Gopichand has completed his education from RVCE and Iowa State University and has founded Myelin Foundry in 2019.He serves as the CEO of the company.Myelin Foundry is a provider of AI and cloud-based video distribution solutions, and has an annual revenue of $920k.
11.Mayank Jain( Scalenut )- Mayank is a co-founder at Scelnut and founded the company in 2020. Scalenut is an AI-based freelancers matching platform. It allows freelancers to create a profile by mentioning skills, education, experience, and service offerings. Scalenut is valued at $14.8M and generates an annual revenue of $771k. Mayank completed his engineering from IIT Kanpur.
12.Abhinav Aggarwal(Fluid AI)-Abhinav is a chartered accountant and an ISB dropout,who co-founded Fluid AI along with his brother Raghav Aggarwal.Fluid AI is an AI-based engine for data-driven business intelligence. It provides an artificial intelligence-based engine that can deliver data-based insights for decision-making to businesses.The company generates an annual revenue of $468k as of 2021.
13.Sandeep Khuperkar(data science wizards)- Sandeep is the founder and CEO of data science wizards(DSW)– an AI-based platform that provides claims management and underwrite solutions for the insurance industry.The company founded in 2019,received a total funding of $1.99M and generates an annual revenue of $368k.
14.Layak Singh (artivatic ai) – Layak is the founder and CEO at artivatic ai.He founded the company in 2017 and it is now valued at $6.1M and generates an annual revenue of $321k.
ArtiVatic provides an AI-based software suite for insurance & health businesses. Its features include data management, customer onboarding, sales & marketing, and more. It offers solutions for insurance underwriting, risk management, distribution, monitoring, claims processing, agency management, and more. Layak completed his engineering from IIT Kharagpur.
15.Swapnil Jain( orai)- Swapnil is the co-founder and CEO of orai– a provider of an AI-based robotic virtual assistant for multiple applications. Founded in 2020,the company is valued at $3.22M and generates an annual revenue of $220k.
16.Tathagato Rai Dastidar(SigTuple) – Tathagato founded SigTuple in 2015 and is the CEO of SigTuple-an AI based healthcare diagnostic solution. They have a Machine Learning platform called Manthan, which they claim can provide insights from data.The company generates an annual revenue of $140k. Tathagato completed his B.Tech from IIT Kharagpur.
17.Rashid Khan(Yellow.ai) – Rashid is the Co-founder and CPO at Yellow.ai– a conversational AI platform, enabling enterprises to unlock business potential at scale.The company is based in California,USA and was founded in 2016.It has received a funding of $102M from 5 rounds.Rashid has done his B.Tech from NIT Warangal.
18.Adit Jain(Leena AI)-Adit is the co founder and CEO of Leena AI.Adit completed his engineering from IIT Delhi and founded the company in 2015.Leena AI is a cloud-based platform for employee engagement.The company has raised a total of $40M till date.
19.Ankit Narayan Singh (parallel dots)- Ankit is a co-founder and CEO at parallel dots.The company was found in 2014 and is a developer of AI and cloud-based image recognition solutions for businesses.Parallel Dots has received a total funding of $6.52M till date.Ankit completed his B.tech from IIT Kharagpur.
20.Dipanjan Dey (kombai) – Dipanjan is a co-founder and CEO at Kombai.He founded Kombai in 2022 to use an AI powered design to code solutions.The platform leverages artificial intelligence to help front-end developers to translate UI designs to code.The company raised $4.5M in it’s seed round.Dipanjan completed his B.tech from IIT Kharagpur.
21.Mofid Ansari(Mockey AI)- Mofid did his B.tech from IIT Vadodara and founded Mockey AI in 2022. Mockey is an AI-powered mockup generator. It allows users to create mockups for various products, including apparel and accessories.The company has raised $890k in funding in it’s seed round.
- Sourabh Agrawal( UpTrain AI)- UpTrain was founded by Sourabh in 2022 with the aim of providing AI and cloud-based open-source toolkit to observe ML models.Sourabh serves as the CEO and has received a funding of $125k in their seed round. He has completed his B.Tech from IIT Bombay.
23.Abhinav Rai(Dreamboat AI) : Hailing from IIT Jodhpur,Abhinav is the co-founder and CEO of Dreamboat AI,an LLM Application platform aimed at developing internal tools for solving monitoring,managing,Observability, Evaluations and a lot more.The company is funded and backed by Upekha and is based in Bengaluru.
24.Puneet Jindal(Labellerr):Puneet is the the co-founder and CEO of LabelGPT(Labellerr) – an AI based data labelling software.LabelGPT supports images only as of now but they are working on keeping the. Labellerr supports most unstructured data types, from photos and videos to speech and text. Puneet completed his education from Indian School of Business and Thapar Institute of Engineering and Technology.
25.Pratik Desai(KissanAI) : Pratik co-founded kissanAI in 2023 with the mission of revolutionising agriculture in India.It is similar to how chatGPT works but it is for farmers available in various local languages and answers questions related to farming and agriculture.Pratik completed his education from Wright State University.
This article is written by Sagnik Baidya, Sr. Feature Writer & Tech Expert at Indian Startup Times
Disclaimer: The people in the list have been ranked on the basis of certain criteria associated with the company they are working for such as funding received,valuation,size of customer base,etc
