India has become the third-largest international centre for startups, experiencing substantial growth in its startup sector in recent years. The government has fostered the expansion of entrepreneurship through various initiatives, such as the Startup India project. Indian firms experienced substantial growth in investment in 2022, with a remarkable climb from $16 billion in the preceding year to an astonishing $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 Kerala.

Gen Robotic

GenRobotic specializes in developing and producing powered robotic exoskeletons equipped with RC-controlled humanoid robotic systems and AI. The company engages in creating and developing robots to address social challenges effectively. The company was established in 2015 by enthusiastic engineers specializing in Robotics and Defence engineering. Initially, they emerged as a student-led entrepreneurial venture utilizing powered exoskeletons sourced from the college. Subsequently, their attention shifted towards advancing streamlined, tiny exoskeletons for commercial applications. 

The company has recently conducted extensive research in robotics, powered exoskeletons, and various control aspects, particularly addressing socially relevant concerns. The business has designed a more compact yet robust iteration of powered exoskeletons. Known as G2, this exoskeleton is the most affordable and powerful option currently accessible globally. It has garnered immense global interest.

Tranzmeo

Tranzmeo provides a fully integrated anomalous forensic solution that includes actionable insights. Tranzmeo is a dynamic and innovative startup specializing in AI, Machine Learning, and IoT. The organization is transitioning from classic anomaly detection, which involves identifying and reacting to anomalies, to a more advanced approach to predicting and preventing them. 

The company aims to achieve the status of being the leading anomaly detection company by the year 2022. Their exclusive patented algorithms will assist Oil & Gas firms detect leaks, external incursions, and corrosion. Tranzmeo utilizes advanced prediction algorithms and hardware to enable its end users to anticipate future outcomes and make advantageous decisions in the present.

Cogniphi Technologies

Cogniphi Technologies is a tech company that helps customers achieve significant results by providing cognitive digital solutions. The initial release of the AIVI suite platform focuses on leveraging the capabilities of Computer Vision, AI, and Machine Learning Vision to cater to customers in diverse industries such as Manufacturing, Retail, Healthcare, Surveillance, and Smart cities. 

PixDynamics

PixDynamics is a distinctive amalgamation of knowledgeable AI, computer vision, and machine learning solution providers. It facilitates dependable and safe authentication of remote users while simplifying the onboarding procedure. They assist fintech companies in adhering to RBI laws and safeguarding consumer privacy with our diverse products and services. Their Optical Character Recognition (OCR) and Intelligent Information Retrieval solutions, such as PiXL Document Reader and PiXL OCR Plus, optimize the capture, recognition, and categorization of documents and images while extracting organized data. 

Curvelogics

Curvelogics is a startup that primarily specializes in AI and Advanced Analytics. Curvelogics was established by individuals with extensive expertise in managing Advanced Analytics and AI teams and who have occupied high-level positions in prominent multinational corporations such as Hewlett Packard, Ernst & Young, and IHS Inc.