Artificial intelligence in India

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AI expenditure in India is expected to reach $11.78 billion by 2025 and add $1 trillion to India's economy by 2035, as per a World Economic Forum report. The AI in Healthcare Market is projected to grow from $14.6 Billion in 2023 to $102.7 Billion by 2028.[1]

The following is a list of notable AI companies of India, along with their corporate headquarters location.

Name | Headquarters | AI Field | Founded year

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Dunzo | Bangalore | Delivery | 2014
Fractal Analytics | New York City, United States | Data Analytics | 2000 in Mumbai[2]
Glance | Bangalore | Social media | 2019
Haptik | Mumbai, India | Chatbot, Intelligence Assistant | 2013 in Mumbai[3]
Infibeam Avenues Ltd (Phronetic.ai) | GIFT City, Gandhinagar, India | Fraud detection and Authentication and Risk identification in financial & commerce sector | 2010[4]
kFin Technologies | Hyderabad | Insurance | 2017
Niki.ai | Bengaluru, India | Chatbots | 2015
Ola Electric | Bangalore | LLM | 2017
Persistent Systems | Pune | Data Analytics | 1990
Tata Technologies | Pune, India | AI/ML based Manufacturing R&D[5] | 1989
Uniphore Software Systems | Palo Alto, United States | Conversational automation | 2008 in Chennai, India
Yellow.ai | San Mateo, United States | Messenger | 2016 in Bangalore, India
Zoho Corporation | Chennai | General AI | 1996 in Chennai, India

## References[edit]

1. ^ J, Jayapriyanka (27 June 2023). "Artificial intelligence: A promising future with challenges ahead for healthcare in India". BusinessLine. Retrieved 14 December 2023.
2. ^ Nataraj, Poornima (5 January 2022). "Analytics & AI firm Fractal raises $360 million investment, becomes the second unicorn of 2022". Analytics India Magazine. Retrieved 14 December 2023.
3. ^ "AI start-up Haptik says company's revenue grew 2.5x, onboarded 5,000 SMBs in 2022". Business Today. 27 December 2022. Retrieved 14 December 2023.
4. ^ "Infibeam Avenues Ltd's AI-Hub at GIFT City christened as 'Phronetic.ai'". VCCircle.
5. ^ "Tata Technologies' use of AI/ML reduced power consumption by 18% on shopfloor". Autocar Professional. Retrieved 14 December 2023.