India has emerged as the third-largest global hub for startups, witnessing significant expansion in its startup industry in recent years. The government has facilitated the growth of entrepreneurship through diverse initiatives, including the Startup India project. In 2022, Indian enterprises had a significant increase in investment, with a notable surge from $16 billion in the previous year to an impressive $42 billion.

Recently, enterprises nationwide have swiftly embraced AI as an essential technology. Entrepreneurs' implementation of AI has demonstrated exceptional efficacy in this specific context. AI has the potential to profoundly transform multiple industries, such as healthcare, commerce, and software engineering. And this potential is currently being realized.

The AI industry is expected to achieve a valuation of around $126 billion by 2025. The widespread use of remote work and the growing reliance on technology have made AI essential for numerous businesses.

Now, let's explore several fascinating AI startups in Delhi.

Jupiter AI labs

Jupiter AI Labs employs state-of-the-art technologies to create groundbreaking solutions. Established in 2019, AI Labs ensures the punctual delivery of products and complete transparency during product development. They are a renowned software development business dedicated to achieving excellence and delivering high-quality solutions. It is equipped with extensive expertise in the field and a solid commitment to addressing the requirements of the financial industry throughout the whole asset and wealth management value chain, including hedge funds, banks, and insurance. They offer exceptional AI-powered guidance, answers, and assistance.

Quale Infotech

Quale Infotech, established in 2017, is a well-known consulting and sourcing organization specialising in providing comprehensive services in Robotic Process Automation (RPA) and AI. Quale Infotech guarantees uninterrupted business operations and eliminates any periods of inactivity by leveraging its extensive technological knowledge, industry understanding, and innovative methodologies. They offer Aiwozo, a platform for Intelligent Process Automation. 

This organisation aims to empower businesses to become AI-driven organizations by aiding them in developing customized user experiences that effectively engage customers. Quale Infotech employs its external expertise and proprietary solutions to optimize its customers' internal processes. They have created and adjusted frameworks during several projects to accommodate the constantly evolving surroundings.

Credgenics

Credgenics, established in 2018, offers AI and cloud-based debt collection solutions to banks and lenders. The package encompasses collecting strategy, analytics for profiling and collection, automated communication for customer involvement, and various other tasks. AI is utilized to implement services such as alternative dispute resolution, insolvency and bankruptcy, and fintech laws. Users may manage all collections and repayments on a unified platform. 

Credgenics has enhanced its services using AI by uploading data to the platform, creating actions through an automated rule-defining widget, issuing notices, and approaching borrowers using any of the five modules: cloud-based calling, automatic communication, field executive android app for on-field collection, legal notice, and litigation workflows.

Data Neuron

DataNeuron provides automated annotation/labelling with minimal validation, utilizing label heuristics and parameters. Due to the prevalence of supervised learning in AI, there has been a significant increase in the demand for labelled data to overcome constraints in developing AI solutions. Unlike other platforms, this platform only necessitates a Masterlist and progressive and evolving annotation. Dynamic Masterlist Support refers to the real-time adjustment of the Masterlist. This platform is a comprehensive solution for managing the entire machine-learning lifecycle. It encompasses AutoML, prediction without coding, and optimization. 

Data Neuron, established in 2021, facilitates data prediction without coding. Additionally, AI Suggestions augment the effectiveness of models. The platform utilizes active learning to implement strategic annotation, enabling the acquisition of more information with a smaller dataset.

Ship Rocket

Ship Rocket, established in 2012, is an online platform that uses AI to automate the process of fulfilling e-commerce orders. The platform utilizes a data engine based on machine learning to propose courier services for a firm, choose and generate shipping labels for courier companies, and monitor orders, all through a unified interface. It facilitates businesses in tracking their shipments and returns. Additional functionalities encompass order processing, a delivery rate calculator, shipment tracking, and various other tools. It is compatible with the OpenCart and Amazon e-commerce platforms. The company additionally provides insurance policies that operate on a subscription model.