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Top Acquisitions Happening in the AI Field of India in 2021

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Several acquisitions are taking place in the AI field of India as it is growing to be the future of the country. Here are some of the vital acquisitions of AI companies that took place in 2021. Spotmentor is an end-to-end skilling platform to help businesses identify skills required for the future of work, upskilling, and reskilling talent at scale. It leverages emerging technologies such as artificial intelligence and machine learning to help close the critical competency gaps in an organization, the statement said. "It remains our priority to enable clients with tools and resources to help them adapt to rapid changes and navigate market disruptions in the new normal," Rohan Sachdev, Partner and Consulting Leader at EY India, said.


Artificial Intelligence Challenge

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The importance of digital transformation has accelerated manifold in the last few months as Covid-19 has brought to the fore the importance of digital technologies including artificial intelligence in addressing the healthcare crisis, restarting supply chains, enabling online education and almost every aspect of the economy. MeitY is organizing RAISE 2020 – Responsible AI for Social Empowerment 2020, a Global Summit on Artificial Intelligence to be held virtually from 5th Oct to 9th Oct 2020. Experts from Industry, Academia and Government from all across the world will be participating in this Global summit, which will bring together all stakeholders on Artificial Intelligence on one platform. AI has the power to solve many societal challenges and be an enabler for inclusion, there is a need to promote and identify such innovative solutions. In order to promote and showcase such innovative AI solutions developed by Indian startups, an AI Solution Challenge is being organized for Indian startups in the field of Artificial Intelligence.


10 Indian Startups That Are Leading The AI Race: 2020

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The number of AI startups in India has increased tremendously over the years. Apart from being adopted in major industries, Artificial intelligence has become a way of doing business in other niche areas such as farming or even security. To recognise the unconventional startups in the AI space, Analytics India Magazine comes with a list of 10 such exceptional startups that are leading the AI race every year. In this year's list, we have covered startups that are not more than 3 to 4 years old and have headquarters in India. Most of these startups are funded externally and are working hard to bring about exceptional transformation in the Indian tech ecosystem.


15 Indian startups working in AI, IoT, and EV space showcased to Helsinki Business Hub and startup leaders

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The year 2019 witnessed more deep-tech startups and trends, and some compelling takeaways as well. These were especially highlighted during events led by innovation, beginning with the Mobile India conference, and towards the latter half of the year, via marquee technology and startup conferences such as TechSparks, Nasscom Product Conclave, IoT India Congress, IoTNext, and Amazon AI Conclave. All these brought together deep-tech companies and learnings across Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT) and industrial challenges. Besides the above flagship conferences, the latest in SpaceTech, Electric Vehicles (EVs) and transnational events like StartupScaler, where senior business advisors from the Helsinki Business Hub, Business Finland's Country Manager, and India's startup ecosystem leaders shared their insights on how startups could scale globally, with the right people. Here's a look at the 15 startups, which presented to an expert jury panel comprising of investors, seasoned entrepreneurs, and ecosystem leaders.


Why 2019 was a good year for startups

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By Padmaja Ruparel 2019 saw the Indian entrepreneurial ecosystem make a paradigm shift. The country's startup landscape saw the emergence of seven new unicorns and value creation of $90 billion. Little wonder, then, that India is globally ranked third in its number of startups, behind only the US and China. The first half of 2019 saw $3.9 billion invested across 292 domestic investment deals, marking an increase of more than 44% over the same period in 2018. Emerging startups also benefited from the windfall.


Over 1K Indian Startups Using AI, ML: NITI Aayog Chief Amitabh Kant

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Emphasising on the growth of the Indian startup ecosystem, NITI Aayog chief Amitabh Kant said that across different sectors, India has gone digital. "As a result, India has become hugely data-rich, even before it has become rich. This data richness of India has led to over 1,000 startups working in learning, artificial intelligence and they are doing the kind of disruption that the world has never seen before. Many of them are doing path-breaking work," Kant said. He was speaking to a select audience in Washington, where he was visiting as part of his three-city US tour.


Industrial AI is helping the Indian startup industry build a name beyond e-commerce

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In the early 1980s, presentations about Infosys began with the founders' pointing out India and Bengaluru on a world map. Today, globally listed companies such as Dr Reddy's, Tata Motors, and Reliance Industries have made that redundant. The country is also the third-largest startup nation. A number of its business-to-consumer (B2C) ventures, from e-commerce major Flipkart to ride-sharing platform Ola, are known across the world. Now, a new wave of business-to-business (B2B) startups in niche segments is silently creating a significant impact globally.


10 Indian Startups That Are Leading The AI Race: 2019

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The Indian AI startups space is booming and now encompasses various avenues such as computer vision, self-driving, retail, audio production and innovating e-commerce platforms, among others. This year we have come with a list of yet another 10 awesome startups that are revolutionising the field of artificial intelligence with their impressive technologies. These startups are about two to three years old and are already beginning to show some remarkable developments in the field of AI. Please note that this is not a ranking and the startups are listed in alphabetical order. Here is our last year's list.


Google will groom these 10 Indian startups that use AI and machine learning

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Google just announced the 10 startups that have been shortlisted for the second calls of its Launchpad Accelerator program in India. All of the startups on the list have used artificial intelligence and machine learning to formulate their products. Google just announced the second wave of startups selected for their Launch Accelerator program in India. The program kicks off today with a one week mentorship programme boot camp organised by Google in Bengaluru which will be followed by more classes in April and May to address more specific issues -- lasting a total of three months. Aside from guidance, Google will also provide support for AI and ML, cloud computing, developing user interfaces, using the Android platform, online presence, product strategy and marketing.


Google Launches New Programme to Mentor AI, ML Startups in India

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In a bid to nurture Indian startups working in the fields of artificial intelligence (AI) and machine learning (ML), Google on Tuesday introduced the India chapter of its global'Launchpad Accelerator' mentorship programme. The three-month Launchpad Accelerator India programme has been designed to grow the AI/ML ecosystem by helping the country's startups build scalable solutions for India's unique problems. The programme, based out of Bengaluru, will provide a cohort of 8-10 Indian startups mentorship and support from the best of Google in AI/ML, Cloud, UX, Android, Web, product strategy and marketing, along with up to $100,000 (roughly Rs. 69 lakhs) of Google Cloud credits, the company said in a statement. "India has the appetite to build entrepreneurs of the future and we are proud to announce a focused programme for the next wave of Indian entrepreneurs, who are using new technologies to solve the country's needs," said Roy Glasberg, Global Launchpad Founder. Over the years, Google says it has worked with some incredible startups across India who are using advanced technologies such as AI/ML to tackle everything from agri-tech to language Web, healthcare, and transportation.