National Technology Day: Procuring Diamonds from Golden Brains to Transform the Indian Startup Ecosystem

Apart from venture capitalists and angel investors, another effective mode of fundraising is equity financing. They help the company to raise more money very quickly at the initial stages.

"The most thrilling aspect of India’s economic landscape" is the significant flow of businesses, actively engaged in both outbound and inbound investment endeavors. Whether it’s within the power sector, petrochemicals, or other industries, the opportunities are vast and promising", includes Bill Winters, Chief Executive Officer of Standard Chartered Bank

Indian Startups disrupting the outline of Startup EcosystemAlltius

Headquarter: Bengaluru

Founder: Abhishek & Siddhant Mishra

It is an AI based startup with the potential to transform the journey of the company securely and seamlessly by using AI based application, websites, and contact centres. It is a no-code platform providing businesses to create, train and deploy AI assistants, just within a day. These AI assistants can be trained on an array of company resources, including documents, images, PDFs, website URLs, FAQs, and videos, among other formats.

The Bengaluru based startup attracted 2.4 million in its latest funding round. Their major investors are Blume Ventures, Stellaris Venture partners, and 100x Entrepreneur.

CodeMate

Headquarter: Delhi

Founder: Ayush Singhal

It is a Delhi based company which enhances the developer’s productivity and streamlines the coding process by fixing errors in real time. The founder of the company is Ayush Singhal, who started with a mission to enhance code quality and accelerate development.

CodeMate boasts reducing project costs by 40% and timelines by 30-35%. The startup can analyze your code with algorithms and machine-learning methods and recommends changes.

Induced AI

Headquarter: Bengaluru

Founder: Aryan Sharma & Ayush Pathak

The AI based company was started in 2023 in Bengaluru by Aryan Sharma & Ayush Pathak. In a short interval they have grabbed a big fat amount of funding, i.e., nearly $2.3 million from qualified investors like Sam Altman, Peak XV, and SV Angel. The startup offers a platform that translates plain English instructions into real-time pseudo-code, facilitating the automation of myriad back-office tasks. Their AI workers extend their helping hand as company’s workforce, which efficiently handles tasks across various domains such as sales, compliance, and internal operations.

It offers an engineered and purpose built browser which is specifically designed for automated workflow which enhances efficiency and reliability.