Here's what makes Indian AI startups hot for tech biggies like Apple, Facebook Gadgets Now

In September, Apple quietly acquired Tuplejump, a little-known Hyderabad-based startup. Tuplejump is an Artificial Intelligence (AI) company that helps clients store, process and visualise data. In simple terms, it helps, say, an e-commerce player to use all the data it collects to improve conversion rates--the number of people who end up buying something out of the total number of visitors. This was Apple's first acquisition in India and the third one this year of an AI company. India-based AI startups are hardly visible and don't command eyepopping valuations that e-commerce companies do.