Company lists
The India edition · 2026

Artificial intelligencecompanies in India

Generative & agentic AI, AI infrastructure, chatbots & customer AI, computer vision, marketing & sales AI and more: the companies building artificial intelligence in India, with their founders, funding, team size and business models.

1,711 company profiles607 with reported revenue288 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent artificial intelligence business events in India

Funding, M&A, contract wins and launches involving 1,871 artificial intelligence companies in India, last 24 months: 54 funding rounds · 21 launches · 16 M&A deals · 12 Contracts. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Apr 2026.

FundingMinority investment

Algo8

Chemelex has announced a minority investment in Algo8 to accelerate the adoption of artificial intelligence in manufacturing processes.

Investors Chemelex
Artificial intelligence, data analytics, and digital transformation solutions for enterprises
FundingSeed

Intellithink

Intellithink Advanced Hardware & Technology Internet Of Things (IoT) & Hardware B2B $1.8 Mn Seed Pentathlon Ventures, Anicut Capital, Veltis Capital Pentathlon Ventures

Advanced Hardware & Technology
LaunchDSW UnifyAI OS

Data science wizards

Data Science Wizards has announced the continued advancement of its enterprise AI operating system, DSW UnifyAI OS, designed to help organizations, particularly in banking, financial…

Enterprise AI Operating System
M&AAcquisition · Announced

Exotel acquires Dubverse

Exotel has acquired the core team of voice AI startup Dubverse

Telecommunications
M&AAcquisition · Completed

Thermax acquires Exactspace

Thermax confirmed completion of its acquisition of a 35.83 percent stake in Exactspace Technologies Private Limited, taking its overall shareholding to 51 percent on a fully diluted basis.

ContractTechnology

Dubverse · client: Exotel

Exotel has acqui-hired the core team of voice AI startup Dubverse, including co-founders Anuja Dhawan and Varshul Gupta, to focus on conversational intelligence.

Voice AI
Funding

Sarvam ai

India’s homegrown artificial intelligence start-up, Sarvam AI, is close to raising $300 million to $350 million as it seeks to build a domestic player that can compete with leaders from…

Investors Bessemer venture partners, Nvidia, Amazon.com Inc, Prosperity7 Ventures
AI
LaunchSarvam 30B/105B Large Language Model

Sarvam ai

In February 2026, Sarvam launched 30-billion and 105-billion parameter models, along with text-to-speech, speech-to-text, and vision capabilities trained from scratch.

LLM
FundingGrant

Qure.ai

In AI-led services, Qure.AI secured a grant from the Gates Foundation for its medical imaging solutions.

Investors Gates Foundation
FundingSeries B

Neysa

Neysa — accounted for roughly $600 million of this year’s funding, backed by investors including Blackstone, Ontario Teachers’ Pension Plan and Nexus Venture Partners.

Investors Blackstone, Ontario Teachers’ Pension Plan, Nexus venture partners
Artificial Intelligence
M&AAcquisition · Announced

C5i acquires Datavid

AI & Analytics company, C5i, today announced the signing of an agreement to fully acquire Datavid, a data & AI company that helps organizations transform fragmented, unstructured, and…

Data & AI
M&AAcquisition · Announced

Thermax acquires Exactspace

Thermax Limited has entered into definitive agreements to raise its stake in Exactspace Technologies Private Limited to 51% on a fully diluted basis, converting the artificial…

M&AAcquisition · Announced

Asm technologies acquires Myelin foundry

ASM Technologies announced that it has signed a definitive agreement to acquire 20% stake in Myelin Foundry

Funding

Neysa

US alternative asset manager Blackstone announced it is leading a $1.2 billion investment in cloud infrastructure startup Neysa.

Investors Blackstone, TVS Capital, 360 One Asset Management, Nexus venture partners
Cloud infrastructure
Funding

Myelin foundry

AI startup Myelin Foundry is raising ₹48 Cr (around $5.3 Mn) from listed digital services provider ASM Technologies.

AI solutions for edge devices
FundingSeries A

Peptris

AI-powered drug discovery startup Peptris also secured ₹70 Cr in a Series A round co-led by IAN Alpha Fund and Speciale Invest this month.

Investors IAN Alpha Fund, Speciale invest
M&AAcquisition · Completed

Blackstone acquires Neysa

Mumbai: Global private equity firm Blackstone, along with other investors, has acquired a majority stake in India’s artificial intelligence (AI) cloud platform Neysa as the company seeks…

Artificial Intelligence
M&AAcquisition · Announced

Blackstone acquires Neysa

The deal involves Blackstone investing $50-75 million in an initial tranche for a significant minority holding, with contractual rights to increase its stake to a majority if Neysa meets…

AI cloud infrastructure
LaunchUltraLED Displays

Titan Intech

Titan Intech launches UltraLED Displays for professional and public sector applications.

Premium LED display segment
FundingSeries D

Arya

With farmers facing greater climate‑related threats to their livelihoods, the company is expanding its services with funding from climate‑focused GEF Capital Partners, a spinout from the…

Agtech
FundingSeed

Krutrim

the original loan was taken to seed fund Krutrim, Aggarwal’s artificial intelligence venture.

Investors Na
ContractGovernment

E2e networks · client: Government of india

E2E Networks Ltd has begun the execution of its ₹177-crore order under the Government's IndiaAI Mission, following the allocation of high-end GPU resources to Gnani AI, the company said…

Artificial Intelligence
M&AAcquisition · Rumored

Lightspeed acquires Neysa

Blackstone is negotiating to buy out Neysa, while Lightspeed, similar to SoftBank, is exploring a $40–50 million minority investment in the Z47 and Nexus Venture Partners-backed company.

M&AAcquisition · Rumored

Softbank acquires Neysa

Blackstone wants to buy a majority stake in Neysa, while SoftBank and Lightspeed are discussing a minority investment that is expected to value the company at around $250-300 million.

FundingSeed

Consuma

Consuma, an emerging deep-tech startup, has raised $1.3 million (₹11 crore) in a seed funding round led by Equirus InnovateX Fund, with participation from prominent angel investors…

Investors Equirus InnovateX Fund, Abhishek Goyal, Mekin Maheshwari, Bhavik Dholakia
AI and analytics
FundingSeries B

Intangles

Pune-based deep tech company Intangles has secured a fresh USD 30 million in its Series B funding round, led by Avataar Venture Partners with follow-on support from Baring India Private…

Investors Avataar Venture Partners, Baring India Private Equity, Cactus Partners
Automotive AI / Predictive Vehicle Intelligence
LaunchPayCentral.ai

Phronetic AI

Phronetic AI, India’s first full-stack Agentic AI platform and an AI tech company backed by Infibeam Avenues Ltd, has launched PayCentral.ai, the country’s first Agentic Payment Platform.

Agentic Payment Platform
LaunchAI Agent Store

Kogo

In 2024, KOGO launched the world’s first AI Agent Store, offering 100 ready-to-use, customizable AI agents that businesses can deploy in minutes, with plans to scale to 1 million agents…

AI Agent Store

Artificial intelligence companies in India, by revenue

Browse artificial intelligence companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 607 artificial intelligence companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Provider of AI-powered platforms and solutions for various industry applications

Big data analytics
₹566.00 crFY 2024-25
+24%2024–2025
—Not available
26 yr2000
0none in 3 months

Provider of cloud infrastructure for artificial intelligence and machine learning

Cloud infrastructure
₹203.39 crFY 2024-25
+112%2024–2025
255+32% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
2postings · last posted Sep 2026

AI-as-a-Service platform designed to help developers, startups, and enterprises

Ai infrastructure
₹193.25 crFY 2024-25
+24%2024–2025
4LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of AI-powered solutions for medical image analysis and reporting

Clinical labs it
₹190.42 crFY 2024-25
+24%2024–2025
418+6% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
6postings · last posted Sep 2026

Provider of AI-driven solutions for identity verification and fraud detection

Regtech
₹176.79 crFY 2024-25
+119%2024–2025
461-4% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of end-to-end KYC software and identity verification solutions

Artificial intelligence
₹149.16 crFY 2024-25
+17%2024–2025
401+25% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months

Provider of AI agents for advertising creative, targeting, and optimization

Adtech
₹140.11 crFY 2024-25
+502%2024–2025
130LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Provider of AI cloud infrastructure, foundational models, and applications

Ai infrastructure
₹109.27 crFY 2024-25
+3436%2024–2025
416+1258% 12 mo to Jul 2024LinkedIn · Jul 2026
3 yr2023
0none in 3 months

Provider of AI-powered solutions for predictive fleet maintenance and management

Road transport tech
₹75.11 crFY 2024-25
+20%2024–2025
373+67% 12 mo to Aug 2024LinkedIn · Jul 2026
10 yr2016
1postings · last posted Aug 2026

Provider of video telematics solutions for telematics service providers

Road transport tech
₹67.93 crFY 2024-25
Not reported
152+38% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of AI-powered baggage screening systems

Computer vision
₹60.92 crFY 2024-25
+174%2024–2025
—Not available
8 yr2018
0none in 3 months

Platform offers AI powered talent acquisition solution

Generative ai
₹57.27 crFY 2024-25
+11768%2024–2025
1LinkedIn · Jul 2026
3 yr2023
0none in 3 months

Provider of AI-powered sales automation and eB2B solutions for CPG

B2b e-commerce
₹52.55 crFY 2024-25
Not reported
303+34% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
2postings · last posted Sep 2026

Provider of workplace safety and industrial operations monitoring through AI

Iot applications
₹50.98 crFY 2024-25
Not reported
538+1% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

AI powered consumer behavior analysis platform

Marketingtech
₹47.54 crFY 2022-23
+190%2022–2023
96-25% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
2postings · last posted Aug 2026

Provider of AI-powered customer service automation solutions

Generative ai
₹46.39 crFY 2024-25
+8%2024–2025
102+0% 12 mo to Jul 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted Jun 2026

Provider of AI-powered debt collection platform for automating and streamlining collection processes

Customer service software
₹43.52 crFY 2024-25
+12%2024–2025
180-21% 12 mo to Jul 2024LinkedIn · Jul 2026
10 yr2016
2postings · last posted Jul 2026

Provider of an AI-powered customer experience platform

Customer service software
₹42.75 crFY 2024-25
+28%2024–2025
168+9% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
4postings · last posted Sep 2026

Platform utilizing artificial intelligence technology to generate personalized songs

Music tech
₹37.01 crFY 2024-25
Not reported
—Not available
2 yr2024
0none in 3 months

Provider of AI-driven data and solutions for capital markets analysis

Ai infrastructure
₹36.55 crFY 2024-25
+44%2024–2025
2LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Provider of AI‑driven medical imaging and radiology solutions

Healthcare it
₹35.14 crFY 2024-25
-8%2024–2025
138+3% 12 mo to Aug 2024LinkedIn · Jul 2026
9 yr2017
1postings · last posted Sep 2026

Developer of artificial intelligence solutions for image analysis and predictive analytics

Clinical labs it
₹33.57 crFY 2024-25
+131%2024–2025
110+11% 12 mo to Aug 2024LinkedIn · Jul 2026
15 yr2011
3postings · last posted Sep 2026

Developer of computer vision software for real time video analytics

Big data analytics
₹32.45 crFY 2024-25
+314%2024–2025
102+26% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
1postings · last posted Sep 2026

Developer of AI video analytics platform for security and safety applications

Cybersecurity
₹29.92 crFY 2024-25
+73%2024–2025
40+14% vs previous recordLinkedIn · Jul 2026
9 yr2017
1postings · last posted Aug 2026

Provider of AI-powered video monitoring system for hospital settings

Healthcare it
US$3.47mFY 2024-25
+30%2024–2025
276LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Jun 2026
50 of 1,711 companies shown here · the full list is on Radar
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Explore artificial intelligence companies in India by what you are looking for

Browse artificial intelligence companies in India, from generative AI and AI infrastructure to chatbots and computer vision. Find AI software providers, the top artificial intelligence companies in India and startups building with AI.

9 ways to explore artificial intelligence in India

Generative AI & agentic AI companiesAI infrastructure & cloud companiesChatbot & conversational AI companiesComputer vision & video analytics companiesAI for marketing & salesAI analytics, document search & automation

Generative AI & agentic AI companies

Companies building generative AI models, AI agents and AI-powered applications.

  1. Verloop.io

    Provider of AI-powered customer service automation solutions

    Generative ai
    See in list
  2. Sarvam

    Provider of a platform for developing and deploying language-based artificial intelligence

    Speech and voice recognition
    See in list
  3. Scogo.ai

    Provider of no-code AI platform offering customer support

    Chatbots
    See in list
  4. LimeChat

    Provider of AI agent solutions for customer support and business growth

    Customer service software
    See in list
  5. CoRover

    Conversational and generative AI platform

    Generative ai
    Website

AI infrastructure & cloud companies

Providers of AI cloud, compute, platforms and machine learning tooling.

  1. E2E Networks

    Provider of cloud infrastructure for artificial intelligence and machine learning

    Cloud infrastructure
    See in list
  2. Cyfuture

    AI-as-a-Service platform designed to help developers, startups, and enterprises

    Ai infrastructure
    See in list
  3. Krutrim

    Provider of AI cloud infrastructure, foundational models, and applications

    Ai infrastructure
    See in list
  4. Kepler Systems

    Developer of AI systems and open-source datasets for language models

    Ai infrastructure
    Website
  5. Neysa

    Provider of AI acceleration cloud system with infrastructure and services

    Cloud infrastructure
    See in list

Chatbot & conversational AI companies

Chatbots, voice AI and AI tools for customer support and contact centres.

  1. Verloop.io

    Provider of AI-powered customer service automation solutions

    Generative ai
    See in list
  2. Skit.ai

    Provider of AI-powered debt collection platform for automating and streamlining collection processes

    Customer service software
    See in list
  3. Rezo.ai

    Provider of an AI-powered customer experience platform

    Customer service software
    See in list
  4. Sarvam

    Provider of a platform for developing and deploying language-based artificial intelligence

    Speech and voice recognition
    See in list
  5. Mihup

    Provider of conversation intelligence platform for contact center performance improvement

    Customer success management
    See in list

Computer vision & video analytics companies

Image recognition, facial recognition and video surveillance AI.

  1. Qure.ai

    Provider of AI-powered solutions for medical image analysis and reporting

    Clinical labs it
    See in list
  2. Jukshio

    Provider of AI-driven solutions for identity verification and fraud detection

    Regtech
    See in list
  3. HyperVerge

    Provider of end-to-end KYC software and identity verification solutions

    Artificial intelligence
    See in list
  4. BaggageAI

    Provider of AI-powered baggage screening systems

    Computer vision
    See in list
  5. Awiros

    Developer of computer vision software for real time video analytics

    Big data analytics
    See in list

AI for marketing & sales

AI-powered lead generation, advertising and sales automation tools.

  1. DaveAI

    AI based sales experience platform for businesses

    Generative ai
    Website
  2. Kenyt

    AI-powered agents for marketing, sales, and support automation

    Hrtech
    Website
  3. ARPflow

    Provider of AI-powered solutions for deduction management and sales insights

    Robotic process automation
    Website
  4. Salesken

    AI powered sales enablement platform for enterprises

    Sales force automation
    Website
  5. Leadgenerator

    Cloud based lead generation and management platform

    Marketingtech
    Website

AI analytics, document search & automation

Big data analytics, enterprise search, document AI and process automation.

  1. C5i

    Provider of AI-powered platforms and solutions for various industry applications

    Big data analytics
    See in list
  2. Factstream

    Provider of AI-driven data and solutions for capital markets analysis

    Ai infrastructure
    See in list
  3. Awiros

    Developer of computer vision software for real time video analytics

    Big data analytics
    See in list
  4. Pivotchain Solutions

    Developer of AI video analytics platform for security and safety applications

    Cybersecurity
    See in list
  5. Staqu

    Developer of video and audio analytics platform for multiple industries

    Security & surveillance technology
    See in list

AI in healthcare, HR & finance

AI applied to healthcare, recruitment, legal and finance workflows.

  1. Qure.ai

    Provider of AI-powered solutions for medical image analysis and reporting

    Clinical labs it
    See in list
  2. Aptofy

    Platform offers AI powered talent acquisition solution

    Generative ai
    See in list
  3. Deeptek

    Provider of AI‑driven medical imaging and radiology solutions

    Healthcare it
    See in list
  4. CloudPhysian

    Provider of AI-powered video monitoring system for hospital settings

    Healthcare it
    See in list
  5. Augnito

    AI-powered clinical documentation solutions for healthcare

    Healthcare it
    Website

Artificial intelligence startups in India

Recently founded artificial intelligence companies in India.

  1. Zocket

    Provider of AI agents for advertising creative, targeting, and optimization

    Adtech
    See in list
  2. Krutrim

    Provider of AI cloud infrastructure, foundational models, and applications

    Ai infrastructure
    See in list
  3. Aptofy

    Platform offers AI powered talent acquisition solution

    Generative ai
    See in list
  4. Kepler Systems

    Developer of AI systems and open-source datasets for language models

    Ai infrastructure
    Website
  5. Sarvam

    Provider of a platform for developing and deploying language-based artificial intelligence

    Speech and voice recognition
    See in list
904 companies in India

Artificial intelligence companies hiring in India

AI companies that are currently recruiting.

  1. E2E Networks

    Provider of cloud infrastructure for artificial intelligence and machine learning

    Cloud infrastructure
    See in list
  2. Qure.ai

    Provider of AI-powered solutions for medical image analysis and reporting

    Clinical labs it
    See in list
  3. Intangles

    Provider of AI-powered solutions for predictive fleet maintenance and management

    Road transport tech
    See in list
  4. SalesCode.ai

    Provider of AI-powered sales automation and eB2B solutions for CPG

    B2b e-commerce
    See in list
  5. Entropik

    AI powered consumer behavior analysis platform

    Marketingtech
    See in list
43 companies in India
Mobile reach

Top 10 artificial intelligence apps from India

The most-installed Android apps published by artificial intelligence companies headquartered in India — 49.9M installs between them. 157 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Eka Care: Records, Trackers

by Eka Care

Installs13.5M
Rating4.791K ratings
Last updatedMar 2026
View on Google Play ↗
Eka Care: Records, Trackers screenshot 1Eka Care: Records, Trackers screenshot 2Eka Care: Records, Trackers screenshot 3Eka Care: Records, Trackers screenshot 4Eka Care: Records, Trackers screenshot 5Eka Care: Records, Trackers screenshot 6
2

MySivi AI English Speaking App

by MySivi

Installs12.2M
Rating4.4776K ratings
Installs, year on year+173%
Last updatedJun 2026
View on Google Play ↗
MySivi AI English Speaking App screenshot 1MySivi AI English Speaking App screenshot 2MySivi AI English Speaking App screenshot 3MySivi AI English Speaking App screenshot 4MySivi AI English Speaking App screenshot 5MySivi AI English Speaking App screenshot 6
3

Stimuler AI: English Fluency

by Stimuler

Installs9.1M
Rating4.71142K ratings
Installs, year on year+144%
Last updatedJun 2026
View on Google Play ↗
Stimuler AI: English Fluency screenshot 1Stimuler AI: English Fluency screenshot 2Stimuler AI: English Fluency screenshot 3Stimuler AI: English Fluency screenshot 4Stimuler AI: English Fluency screenshot 5Stimuler AI: English Fluency screenshot 6
4

Logo Maker, AI Logo Generator

by LogoWiz

Installs4.2M
Rating4.7875K ratings
Installs, year on year+29%
Last updatedMay 2026
View on Google Play ↗
Logo Maker, AI Logo Generator screenshot 1Logo Maker, AI Logo Generator screenshot 2Logo Maker, AI Logo Generator screenshot 3Logo Maker, AI Logo Generator screenshot 4Logo Maker, AI Logo Generator screenshot 5Logo Maker, AI Logo Generator screenshot 6
5

ira | the most human AI

by Rumik

Installs3.1M
Rating3.2313K ratings
Last updatedMay 2026
View on Google Play ↗
ira | the most human AI screenshot 1ira | the most human AI screenshot 2ira | the most human AI screenshot 3ira | the most human AI screenshot 4ira | the most human AI screenshot 5
6

Watermark Remover, Photo Video

by WatermarkRemover.io

Installs2.0M
Rating4.2124K ratings
Installs, year on year+86%
Last updatedApr 2026
View on Google Play ↗
Watermark Remover, Photo Video screenshot 1Watermark Remover, Photo Video screenshot 2Watermark Remover, Photo Video screenshot 3Watermark Remover, Photo Video screenshot 4Watermark Remover, Photo Video screenshot 5Watermark Remover, Photo Video screenshot 6
7

Gigin Jobs

by Gigin

Installs1.9M
Rating1.893K ratings
Installs, year on year+11%
Last updatedMar 2026
View on Google Play ↗
Gigin Jobs screenshot 1Gigin Jobs screenshot 2Gigin Jobs screenshot 3Gigin Jobs screenshot 4Gigin Jobs screenshot 5Gigin Jobs screenshot 6
8

AI Avatar: AI Headshots, DP

by Phot.AI

Installs1.7M
Rating3.1710K ratings
Installs, year on year+0%
Last updatedJan 2024
View on Google Play ↗
AI Avatar: AI Headshots, DP screenshot 1AI Avatar: AI Headshots, DP screenshot 2AI Avatar: AI Headshots, DP screenshot 3AI Avatar: AI Headshots, DP screenshot 4AI Avatar: AI Headshots, DP screenshot 5AI Avatar: AI Headshots, DP screenshot 6
9

GPS Map Camera: Geotag Photo

by Agent Crop

Installs1.1M
Rating3.11K ratings
Installs, year on year+32%
Last updatedMar 2026
View on Google Play ↗
GPS Map Camera: Geotag Photo screenshot 1GPS Map Camera: Geotag Photo screenshot 2GPS Map Camera: Geotag Photo screenshot 3GPS Map Camera: Geotag Photo screenshot 4GPS Map Camera: Geotag Photo screenshot 5
10

TruthIn Smart Product Scanner

by TruthIn

Installs1.1M
Rating4.359K ratings
Installs, year on year+54%
Last updatedMay 2026
View on Google Play ↗
TruthIn Smart Product Scanner screenshot 1TruthIn Smart Product Scanner screenshot 2TruthIn Smart Product Scanner screenshot 3TruthIn Smart Product Scanner screenshot 4TruthIn Smart Product Scanner screenshot 5TruthIn Smart Product Scanner screenshot 6
The business behind the activity

Artificial intelligence financials in India

Revenue, profit and growth from the filed annual accounts of 506 artificial intelligence companies in India for FY24-25 — 585 of the 1,711 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 32% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹3,511.88 cr

506 companies filing accounts

combined net profit−₹601.29 cr

-17.1% aggregate margin

are profitable36%

181 of 506 companies

median revenue~₹77 lakh

the typical company

median revenue growth+28%

into FY24-25

earned by the top five32%

revenue concentration

Six-year view

Combined revenue of filing companies

₹790.66 crFY19-20173 filers
₹879.20 crFY20-21214 filers
₹1,436.51 crFY21-22270 filers
₹2,184.75 crFY22-23343 filers
₹2,418.71 crFY23-24406 filers
₹3,511.88 crFY24-25506 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 287 companies over three years

+45%
FY22-23₹2,016.11 cr−₹304.40 cr net
FY23-24₹2,223.31 cr−₹280.89 cr net
FY24-25₹2,930.13 cr−₹247.00 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr27218% profitable
₹1–10 cr16953% profitable
₹10–100 cr5864% profitable
₹100–1,000 cr771% profitable
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking122
0–20%42
20–50%57
50–100%41
Doubled+108

370 companies with accounts for both years; median growth +28%.

Profitability

Profit is concentrated at the top

181profitable
323loss-making
-17.1%aggregate margin
-21.6%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
ZocketZOCKET TECHNOLOGIES PRIVATE LIMITED+299%₹92.95 cr
VitrayaVITRAYA TECHNOLOGIES PRIVATE LIMITED
Data Science WizardsDATA SCIENCE WIZARDS PRIVATE LIMITED
BaggageAISHREE A3 BAGGAGE PRIVATE LIMITED+174%₹60.92 cr
TardidTARDID TECHNOLOGIES PRIVATE LIMITED+156%₹11.02 cr
AIRA MatrixAIRAMATRIX PRIVATE LIMITED+131%₹33.57 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
AptofyUNLIMITEYE SOLUTIONS PRIVATE LIMITED69.9%₹57.27 cr
Multiplier AIMULTIPLIER AI LIMITED28.2%₹14.79 cr
E2E NetworksE2E NETWORKS LIMITED23.4%₹203.39 cr
Wright ResearchWRYGHT RESEARCH & CAPITAL PRIVATE LIMITED
CamComCAMCOM TECHNOLOGIES PRIVATE LIMITED
SamyagVARANK TECH PRIVATE LIMITED14.1%₹12.85 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Big data analytics18₹446.69 cr~₹2.9 cr56%7.0%
Ai infrastructure46₹395.65 cr~₹56 lakh43%-14.9%
Artificial intelligence15₹205.47 cr~₹1.8 cr27%-9.4%
Online photos6₹203.48 cr~₹59 lakh33%-13.2%
Generative ai47₹193.56 cr~₹68 lakh38%-13.7%
Regtech8₹187.09 cr~₹1.5 cr62%5.1%
Customer service software19₹167.98 cr~₹92 lakh37%-15.3%
Road transport tech6₹135.69 cr~₹1.2 cr33%-33.8%
Leaders

Largest artificial intelligence companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
C5iCOURSE5 INTELLIGENCE LIMITED₹361.75 cr₹35.11 cr9.7%-9%
E2E NetworksE2E NETWORKS LIMITED₹203.39 cr₹47.49 cr23.4%+112%
Upscale.mediaSHOPSENSE RETAIL TECHNOLOGIES LIMITED₹200.24 cr-13.4%
CyfutureCYFUTURE INDIA PRIVATE LIMITED₹192.12 cr₹13.30 cr6.9%+23%
JukshioJUKSHIO TECHNOLOGY INNOVATION PRIVATE LIMITED₹176.79 cr₹9.72 cr5.5%+119%
HyperVergeHYPERVERGE TECHNOLOGIES PRIVATE LIMITED₹149.16 cr₹3.24 cr2.2%+17%
KrutrimKRUTRIM SI DESIGNS PRIVATE LIMITED₹109.27 cr−₹50.14 cr-45.9%>10×
ZocketZOCKET TECHNOLOGIES PRIVATE LIMITED₹92.95 cr−₹5.82 cr-6.3%+299%
IntanglesINTANGLES LAB PRIVATE LIMITED₹76.37 cr−₹37.52 cr-49.1%+22%
BaggageAISHREE A3 BAGGAGE PRIVATE LIMITED₹60.92 cr₹6.16 cr10.1%+174%
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Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full artificial intelligence landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the artificial intelligence landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Artificial intelligence funding and M&A across India

877 recorded equity rounds have gone to 1,871 artificial intelligence companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months39

US$710.36m

equity rounds, last 24 months133

US$996.90m

raised over five yearsUS$1.84bn

546 rounds in India

M&A deals, India16

last 24 months

Capital by year

Equity funding into artificial intelligence in India

amount rounds
$63m201860
$61m201969
$81m202084
$173m202195
$240m2022124
$163m202384
$340m2024128
$262m202599
$665m202616

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2024, with US$339.73m across 128 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$10.79m72 rounds · median US$99k
SeedUS$370.22m372 rounds · median US$496k
Series AUS$484.13m78 rounds · median US$5.00m
Series BUS$860.42m17 rounds · median US$16.70m
Series CUS$51.85m6 rounds · median US$3.93m
Series D+US$65.00m1 rounds · median US$65.00m
Where the money went · five years

Most-funded sub-sectors

Cloud infrastructureUS$650.00m3 rounds · 1 companies
Ai infrastructureUS$219.81m49 rounds · 25 companies
Artificial intelligenceUS$122.36m40 rounds · 19 companies
Clinical labs itUS$106.69m4 rounds · 1 companies
Generative aiUS$71.14m57 rounds · 32 companies
Customer service softwareUS$63.88m16 rounds · 7 companies
Road transport techUS$61.40m9 rounds · 3 companies
Corporate activity · last 24 months

M&A in India

16Acquisition

Most active acquirers

  1. Blackstone3
  2. Thermax2
  3. Krutrim2
  4. Exotel1
  5. C5i1

Most acquired or merged

  1. Neysa5
  2. Exactspace2
  3. Dubverse1
  4. Datavid1
  5. Myelin foundry1

Each deal appears in the events strip at the top of the page.

Artificial intelligence funding in India

288 artificial intelligence companies in India have recorded equity funding, US$2.02bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind artificial intelligence companies in India. 1,092 of 1,711 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India artificial intelligence companies by sub-sector

The most common specialisations among artificial intelligence companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring artificial intelligence in India and nearby markets.

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