Top 10 Most-Funded Data Science Startups in India in 2022

Here is the list of the top 10 among various emerging AI and data science startups that are raising funds

Powered by specialized software and real-time analytics systems, big data, data science, and data analytics caters to numerous benefits for companies worldwide. Thus, the demand for big data firms has been increasing exponentially. There are various emerging AI and data science startups that are raising funds. Keeping that in mind, this article lists the top funding in data science startups to look out for in 2022.

Realbox

Total Funding Amount – US$300K

Investors: Hyderabad Angels.

In 2015, Preksha Kaparwan, Saurabh Moody, and Arjun Sudhanshu started a company to offer distinct experiences by solving real-time issues. They developed a similar product to Google Analytics, named Pulse while taking care of big data Hadoop.

Fractal Analytics

Total Funding Amount – US$325M

Investors: TA Associates and Khazanah Nasional 

Founded in 2000, Fractal Analytics has developed as one of the top analytics service providers in the nation. With a worldwide impression bragging about a few Fortune 500 organizations from ventures like retail, insurance, and technology, there is unquestionably no halting for this one. The organization is at present employing data scientists for its workplaces in Bangalore, Mumbai, and Gurgaon.

The company was founded in 2000. It has developed as one of the top analytics services providers in the nation. With a worldwide impression bragging about a few Fortune 500 organizations from ventures like retail, insurance, and technology, there is unquestionably no halting for this one. The organizations is at present employing data scientists for its workplaces in Bangalore, Mumbai, and Gurgaon. 

Heckyl 

Total Funding Amount -US$7.5M

Investors: Notion Capital and Chiratae Ventures 

With trading being uncertain and sensitive to changes all across the world, Heckyl aims to be a global leader in the space of data analytics for worldwide financial markets. Imagine one place to keep track of all the news, people's emotions, trending sentiments and so on that can optimize your trading strategy. Heckyl is radically transforming the trading industry for all the involved stakeholders to find the best trading opportunities.

Qubole 

Total Funding Amount – US$77.9M

Investors: Norwest Venture Partners and Institutional Venture Partners 

Qubole's Platform provides end-to-end data lake services such as cloud infrastructure management, data management, continuous data engineering, analytics, and machine learning with near-zero administration. Qubole is trusted by leading brands such as Expedia, Disney, Oracle, and Adobe to spur innovation and to transform their businesses for the era of big data. No other platform provides the openness and data workload flexibility of Qubole while radically accelerating data lake adoption, reducing time to value, and lowering cloud data lake costs by 50 percent. 

DataWeave

Total Funding Amount – US$290K

Investors: WaterBridge Ventures and FreakOut Holdings 

DataWeave is an emerging technology company that provides actionable analytics to businesses using publicly available data on the web. The technology platform aggregates, organizes, and analyzes millions of unstructured data points across multiple data sources and provides access to these insights through dashboards, reports, visualizations, and APIs. The data products can be used to better understand the competition, monitor their brand, optimize offerings for their customers, increase sales, and much more.

Zendrive

Total Funding Amount – US$57M

Investors: XL Innovate and Hearst Ventures 

Founded in 2013, Jonathan Matus and Pankaj Risbood, former Google employees, created data analytics startups. The platform they created to leverage the sensor data of mobile devices and collect insights. The technology used to develop the platform is data-driven and AI-driven which helps in analyzing the customer's data.

Razorthink

Total Funding Amount – US$20M

Investors: Not Disclosed 

Razorthink was established as an emerging enterprise providing AI solutions. Funded by individual investors, the company targets adept computing through a distinct accumulation of AI optimization, automation, dynamic models, and data science tools. Razorthink has a team of more than 100 professionals who are relentlessly supporting small and big businesses to optimize AI-based customer services, risk management, fraud detection, and other services.

CropIn

Total Funding Amount- US$32.6M

Investors: Invested Development and Pratithi Investment Trust 

CropIn is a leading provider in terms of interpolating the SaaS model with the agricultural sector. Keeping the challenges faced by the agrarian business in mind, CropIn started providing solutions that revolve around financial analytics, weather foresight, data interpretation, satellite monitoring, geo-tagging, AI, and big data analytics, to name a few. The company's ultimate mission is to make every farm traceable.

3LOQ Labs

Total Funding Amount- Not Disclosed 

3LOQ enables brands and retailers to understand individual customers' behaviors, based on past action and context, using its advanced machine learning algorithms. 3LOQ strengthens money and asset management systems in terms of digital banking services so that the end customers can get streamlined and personalized communication.

Flutura 

Total Funding Amount: US$8.5M

Flutura is an AI Platform Company focused on improving two core business objectives of "Asset Uptime" and "Operational Efficiency". Flutura works with many industry-leading names like TechnipFMC, Al Mansoori, GTT etc in O&G and Hitachi amongst Heavy machinery OEMs. Flutura is backed by global Venture Capital firms and strategic partners out of the USA, Singapore, and Japan, and its main offices are located in Houston, Palo Alto, and Bengaluru, India.