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India has become the third-largest startup environment worldwide, experiencing remarkable growth in its startup sector in recent years. The government has fostered the expansion of entrepreneurship through various initiatives, such as the Startup India scheme. In 2022, Indian businesses witnessed a substantial gain in investment, with a remarkable climb from $16 billion in the previous year to an astonishing $42 billion.
Recently, organizations nationwide have rapidly adopted AI as a crucial technology. Entrepreneurs' utilization of artificial intelligence has shown remarkable effectiveness in this particular setting. AI possesses the capacity to revolutionize various sectors, including healthcare, sales, and software engineering. And this potential is currently being actualized.
By 2025, the AI industry is projected to reach a valuation of approximately $126 billion. The extensive adoption of telecommuting and the increasing dependence on technology have rendered AI indispensable for countless enterprises.
Now, let's explore several intriguing AI startups located in Gujarat.
Digi Agri is a corporation that prioritizes the utilization of advanced Information Technology to improve the conditions of small-scale farmers through inventive business strategies. Digi Agri utilizes advanced technologies such as Big Data Analytics, Artificial Intelligence, Machine Learning, Blockchain, and Cloud Computing to enhance the profitability and productivity of smallholder farmers. Additionally, these technologies aim to increase transparency and efficiency in the agriculture value chain, encompassing both input and output aspects.
Eveo is a cutting-edge AI-AR-powered virtual assistant designed to help individuals manage their personalities. Their service transforms how individuals handle their personalities by offering an all-encompassing platform that provides personalized coaching, customized recommendations, and round-the-clock support. By utilizing artificial intelligence and augmented reality technology, our solution guarantees the presence, reasonable cost, and ease of access to expert guidance and information.
SunBots has developed an AI-enabled assistive navigation device for the blind and visually impaired. Sunbots has created an assistive wearable navigation system that utilizes camera vision (Artificial Intelligence) to translate visual information into auditory format, providing practical insights to individuals who are blind or visually impaired. The designed device is both small in size and light in weight, and it is affixed to your eyeglasses.
TOPDOC is an AI platform for specialist doctors, their patients, and referral networks. The Most Valuable Player (MVP) possesses an AI-driven Interactive Health Profiler and Next Generation (NexGen) Digital Health Records accompanied by Analytics. The Health Profiler simplifies assessing one's medical condition and accurately identifies the appropriate speciality to seek consultation. Additionally, it aids in finding the optimal match between patients and doctors. A digital health record provides doctors with a comprehensive and visual representation of a patient's health using graphical analytics.
Kivi Technologies Pvt Ltd specializes in facilitating doctor-patient engagement by offering a distinctive platform for doctors and patients to improve their interaction, exchange information, and boost communication. Kivi Technologies specializes in automating disease and treatment-specific communication for doctors, reducing their workload and enhancing patient engagement. Their platform currently boasts over 550 subscribers (clinics) and consistently acquires more than 50 new subscribers monthly. Their product is awe-inspiring, as seen by its widespread acceptance.