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Over the past few years, startups have brought in a lot of stuff. From healthcare to banking and finance, each sector has gone through a wave of change to bring ease to work. Looking at the latest trends that have come up into the Artificial Intelligence (AI), here's a list of top 10 AI-based startups which are leading the race.
Started by four IIT Roorkee friends, Vernacular.ai helps customer enterprises enhance the user engagements. It is basically an NLP driven platform which builds multi-lingual chatbots for businesses. So depending on what language is preferred, multi-lingual conversations can take place and enhance the business productivity.
It was started by – Sourabh Gupta, Manoj Sarda, Akshay Deshraj, and Prateek Gupta. Recently they have launched their B2C product named Aisha. This personal assistant is in Hindi. It helps people from tier-2 and tier-3 cities; and has crossed about 50,000 users.
Are you unable to figure out what to buy? Fabulyst will definitely do this for you. Based out of Hyderabad, this startup will help all online women shoppers to decide what to buy based on the user inputs. Further, it does provide certain suggestions based on past purchases along with the best possible styling features.
Whatever we purchase is the basis for our next purchase suggestion. What we want to style it with, plus what else can we combine into our carts is what this startup excels at.
Build on machine learning technologies and neurosciences; this startup has helped many ventures. It helps large businesses, enterprises and developers to come up with intelligent products and solutions with minimal development efforts. It has enabled various industries like banking, health care, infrastructure, manufacturing to have smart artificial intelligence powered brain to make automation a real-time activity.
Two friends came up with this idea back in 2017 to use the machine learning techniques to help ace the businesses. Like to, improve the return on some investments, cross intelligence sectors and some other personalized and customizable sectors.
With aim of making machines intelligent enough to assist humans in daily core tasks, this startup was born. It provides advanced AI tools which are offered as modules in language or speech to developers to develop their own AI computing systems.
Majority of the company's investment is into Research and Development which helps them in reaching their goals. Since 2013 they have also invited business experts to their team for enhancing the enterprise build and enabling developers to generate various AI related products for the next generation.
TAO is an AI-based independent consulting firm. This startup basically provides automated consultations. It comes with solution based outcomes and helps in the further optimization process. It is a platform for firms to develop and implement various automation strategies.
Amazed with the suggestions on what to buy next? That's what Boxx.ai does. Using AI, it builds up products which can solve several analytical problems a company can face. AIDA is one such product the company has built. It predicts what each customer is likely to buy.
It was started by Prakhar Raj, Shitiz Bansal and Ajay Kashyap back in July 2016.
Stepping into the finance sector was always difficult. Like taking up a loan, demands much knowledge and general awareness without which probably we would face some difficulty. AskArvi has made it easier. It is a smart personal insurance platform which makes insurance buying simpler.
It was started this year in January only. It has basically helped many customers select various insurance products with different – different features and provide recommendations also.
Launched in 2016, this is an e-commerce fraud-prevention platform. It (Mitra – a product by ThirdWatch) uses advanced algorithms to capture approximately 200 parameters and flags every transaction as green or red.
It has claimed to replace all the manual rules with AI platform. Using this no genuine order is rejected. It has also come up with a customer friendly idea of providing a two-month trial to initially support the ecosystem.
Embibe is an educational startup, which uses self-learning algorithms, machine learning and cognitive computing akin to IBM's Watson for improving how people learn. Like they prepare mock tests for students to attempt which are driven by AI strategies. They'll ask them to first answer questions they can attempt confidently to maximize scores.
This AI-based startup's product named vue.ai, tries to improve the retail experiences across the country. It offers visual research, product recommendations and to some extent personalized home pages which are based on each individual shopper's taste. Furthermore, it eases the overall shopping experience which is all AI-driven.
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