
ElevenLabs Brings PM Modi’s Voice to the World
ElevenLabs’ Srinivasan told AIM that the company supports 11 Indian languages, with plans to expand further.
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ElevenLabs’ Srinivasan told AIM that the company supports 11 Indian languages, with plans to expand further.
“A combination of push and pull will bring millions of these companies into the formal sector in the next decade,” Nandan Nilekani said.
“If you’re just an LLM wrapper, it’s going to be hard to build a sustainable business.”
‘Can’t expect a DeepSeek-like LLM in six months. It didn’t come out of nowhere. Research had been going on for a long period.’
“If Confluent is down, Swiggy is down.”
Micro VC’s ability to invest at valuations of $1 million to $8 million allows them to take early bets on disruptive AI startups before mainstream investors take notice.
“People went abroad because of better projects and financial incentives, but if you are paid well here, you could visit those countries while still building in India,” said Yashas Karanam, co-founder and COO of Bellatrix Aerospace.
“Within 45 sessions, from near blindness in the weak eye, a seven-year-old child gained almost 600% improvement.”
“The results at Belenus Champion Hospital are compelling: a 30% reduction in patient wait times and a significantly improved patient experience through AI-driven interactions.”
While India is home to 117 unicorns, Krutrim AI remains the only AI startup that has reached unicorn status yet.
15 companies, including Cars24, LendingKart, LeapScholar, and Tata AIG, leverage ConvoZen.AI in their enterprise workflows.
NeoSapien’s Dhananjay revealed many Indian investors hesitate to back hardware companies because they lack confidence.
“The world didn’t want to believe in us, so open-sourcing was a great way to tell them, ‘Look, we’re building our own technology’,” said Akshat Prakash, co-founder and CTO of Camb.ai.
During the COVID-19 pandemic, Pfizer leveraged Kore.ai’s AI agent platform to deploy a multilingual support system across 17 languages globally.
While a Nintendo Switch or PlayStation costs between ₹40,000 and ₹50,000, MetaShot’s cricket game is priced significantly lower at ₹5,000, making it far more accessible.
VCs look to invest in Indian AI startups that offer nuanced solutions that big-tech companies cannot deliver.
“Very soon, we will have our own LLMs,” said IT minister Ashwini Vaishnaw.
The diverse linguistic landscape of India, along with smartphone adoption and the demand for seamless customer interactions, are fueling the rise of voice AI agents.
“Unlike Siri and Alexa, these agents not only give you access but can also operate apps and services on your behalf,” said Raj K Gopalakrishnan, co-founder and CEO of Kogo Tech Labs.
Amazon India and Coca-Cola have already experimented with NeuralGarage.
Attentive.ai serves over 1,000 clients in the underserved markets of the US and Canada.
The tech giant has partnered with Maharashtra-based AgriPilot.ai for over five years, leveraging AI and satellite imagery to transform farming.
Unlike traditional AI tutors, which often rely solely on prompts or pre-trained large models, VEGA integrates real-time student data.
The AI agent market is expected to hit $47.1 billion by 2030.
According to AIM Research, Indian AI startups received $864 million in funding as of August 2024.
Cloudphysician recently raised $10.5 million in a funding round led by PeakXV Partners.
4baseCare’s technology is used by Apollo Hospitals and others, and the startup is now experimenting with CG Digital Twin, which integrates a cancer patient’s clinical and genomic data into a comprehensive profile.
Startups with at least one PhD founder are more likely to succeed and have higher valuations at IPO.
“We’re offering the flexibility of Salesforce but at a Zoho price,” said the CEO & co-founder.
In collaboration with IIT Bombay and IIT Kharagpur, Floworks has released a research paper that dives deep into the sensational claims made by the YC-backed startup earlier this year.
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