Addverb Technologies
Addverb Technologies, based in Noida, made waves recently at a summit when Prime Minister Narendra Modi visited their stall. They showcased impressive robots, including humanoid models for factory monitoring and a one-armed robot aimed at healthcare. The company proudly claims that 90% of its robots are made in India, focusing on boosting domestic robotics manufacturing.
Founded in 2016 by former Asian Paints executives, Addverb has gained attention with substantial backing. They’ve raised nearly $67 million from various investors and also received a grant from Europa in March 2023. This funding helps them enhance their robotics capabilities and expand their market presence.
Eka Care
In Bengaluru, Eka Care has teamed up with NVIDIA to create India’s first offline medical scribe model. This model streamlines clinical documentation, making it quicker and more secure for healthcare professionals. They use advanced AI to organize vast amounts of medical dialogue into useful records.
Founded in 2020, Eka Care has digitized over 110 million health records and serves over 50 million users. Their AI tool, EkaScribe, helps doctors fill in medical notes efficiently, transforming the time-consuming task into a smooth process.
With $19.5 million raised from notable investors like Hummingbird Ventures, the company’s innovation reflects India’s evolving healthcare landscape, emphasizing the need for efficient medical documentation.
Simplismart
Simplismart, founded in 2022, provides essential software for companies to manage AI models effectively. Their focus on the AI inference layer helps businesses serve trained models in real time. This is crucial for maintaining efficiency without complicated setups.
At the India AI Impact Summit, they launched their platform on NVIDIA’s GPU stack, allowing better deployment and monitoring of AI tasks. They have attracted $7.51 million in funding from notable investors, including Google for Startups, highlighting the growing demand for streamlined AI infrastructure.
Netradyne
US-based Netradyne, known for fleet safety technology, has significant research operations in Bengaluru. They showcased their Driver•i AI camera, which includes a new drowsiness detection feature. This innovation is crucial for enhancing safety in commercial trucking.
Netradyne raised $90 million in February 2023, marking its commitment to advancing technology in fleet safety. Their total funding has reached $297 million, with support from major investors like SoftBank Vision Fund. This growth shows the increasing reliance on technology to improve safety standards across the logistics sector.
Overall, these companies reflect the changing landscape in India, where tech innovations are rapidly shaping industries from healthcare to robotics and fleet management. The emphasis on homegrown solutions demonstrates the potential for India to become a leader in tech advancements.
