Several deep-tech startups in India are being acquired by larger global companies to gain access to niche technologies and quality talent.
A brand-new deep-tech ecosystem in India is developing very fast, supported by investors who have invested substantial sums of money in the industry and are propelled by innovation. Several deep-tech startups in India are being acquired by larger global companies to gain access to niche technologies and quality talent, indicating a strong demand for startups focusing on disruptive tech that can solve complex global problems. India is the third-largest startup hub, housing more than 12500 budding brands. And 19 percent of India’s start-ups are around the deep-tech space AI/ML, deep learning, IoT, Big Data, EBC, and CPA. With the onset of COVID 19 and in the post-COVID World, the industries and the economies have undergone a drastic digital transformation. This article features the top 10 of India’s unsung Deep-Tech startups making a breakthrough.
Genrobotics
Genrobotics is a Kerala-based startup that manufactured a robot – called Bandicoot – which is a spider-shaped robot that cleans sewage and aims to eventually end the barbaric practice of manual scavenging. This is a 50-kg pneumatic-powered remote-controlled robot that goes down into a manhole, spreads its expandable limbs like a spider, and scoops out the solid and liquid garbage that blocks urban sewers. It has a 360-degree motion robotic arm that can sweep the floor of the manhole to collect the debris in a bucket that cleans the manholes in 20 minutes. It is one of India’s best unsung Deep-tech startups making a breakthrough.
Cogknit
Cogknit Semantics Pvt. Ltd. is an ISO-certified innovative product company based in Bangalore. It applies machine learning to text, speech, and computer vision. Nimit is a personalized learning platform, developed by Cogknit, that uses data science and machine learning algorithms to identify users’ learning patterns and user activity to identify user context and deliver content based on the context, enabling them to receive an extended blended learning platform.
Cognitifai
Cognitifai is a startup founded by Kanishka Nithin that helps retrieve the exact information using cameras by using a video intelligence platform that uses computer vision to index physical world phenomena. They have specialized in urban monitoring such as surveillance, healthcare, and hyper-local intelligence discovery for smart cities and retail enterprises. It is one of the best of India’s unsung Deep-tech startups making a breakthrough.
Streamoid
Streamoid is an AI – Artificial Intelligence Stylist founded by Nvidia, Manthani, Rajesh Kumar, and Haricharan Lakshman in 2014. Streamoid Technologies uses its expertise in image recognition and extracts product and style information from images and processes it through its AI engine to give trendy or contextual and personalized results for fashion shopping.
Instoried
Headquartered in California and Bengaluru, web platform Instoried signed an agreement recently with GEM Global Yield, an alternative investment group with offices in Paris, New York, and the Bahamas. Under the agreement, GEM will provide a Share Subscription Facility of up to $200 million to be drawn at the option of the company for a 36-month term following a public listing. It is one of the best India’s unsung Deep-tech startups making a breakthrough.
Agara
Agara is a company formed by Abhimanyu Singh, Pankaj Gupta, and Arjun Maheswaran that automates end-to-end customer care operations for even the most complex types of inquiries. Agara is the way business-to-consumer communication will be in the future. Agara processes customer support calls in real-time using sophisticated Voice AI. Agara can process calls totally on its own or make live ideas to a human agent to rapidly and successfully settle the issue.
Aigroedge Technologies
AIGROEDGE Technologies is a deep tech startup founded by engineers, researchers, and entrepreneurs who are building cutting-edge IoT sensory and AI-powered digital solutions for the specialized agriculture sector. For AIGROEDGE’s first product, ‘KRAASHAK,’ an edge IoT sensory device powered by AI for physical quality assessment, disease detection, and prediction of parameters affecting plant growth using a proprietary expert system to enhance yielding, there are many market applications (e.g. herbs and decorative flowers market, etc.).
DataCrux
DataCrux is a company that specializes in high-end analytic services and solutions. Their Data Scientists have led teams that have produced cutting-edge innovation and commercial initiatives for Fortune 500 businesses in the areas of eCommerce, travel, financial services, and health care. Their solutions were named among the top ten globally by kaggle.com, beating out many well-known analytics providers. Its high-impact, low-risk consulting model entails identifying high-value use cases, establishing an extensive data analytics ecosystem, establishing a predictive model validation framework, and developing a predictive model that is among the best using our proven proprietary algorithms and assembling techniques.
Drive Analytics
It is a VC-backed, award-winning startup in the Visual Big Data arena. Drive Analytics began to extract information from images and videos and combine it with text analytics. They have produced some genuinely cutting-edge technologies in the fields of computer vision and deep learning since their beginnings. They are currently working on the next edition of our Deep Learning platform, Deep Acuity, and Text Analytics solutions. It is one of the best India’s unsung Deep-tech startups making a breakthrough.
Qubit Technologies
Qubit Technologies is a forward-thinking technology company dedicated to providing high-performance Artificial Intelligence-based products to the general public. Thanks to strong leadership and world-class personnel, the organization is dedicated to reshaping the technical landscape with sophisticated new approaches and constant research.
Source: analyticsinsight.net
