By Inc42 Media
The Indian companies that made it into the list are Pixxel, Sarvam AI, Amperehour Solar, Cropin, Entri HealthPlix, International Battery Company, Niramai, NxtWave and String Bio
Notably, previously recognised companies in this list include successful heavyweights like Airbnb, Google, Kickstarter and Spotify
Of the 100 technology companies that made the list, one-third of them were led by women CEO
Atleast ten Indian startups, including Pixxel, Niramai and Sarvam AI, have made into the World Economic Forum’s 2024 Technology Pioneers list, which highlights 100 leading tech companies from across 23 countries.
These startups are leveraging new AI breakthroughs in fields such as clean energy, healthcare, biotechnology, space and neurotechnology.
The Indian companies that made it into the list are Pixxel, Sarvam AI, Amperehour Solar, Cropin, Entri HealthPlix, International Battery Company, Niramai, NxtWave and String Bio.
Notably, previously recognised companies in this list include successful heavyweights like Airbnb, Google, Kickstarter and Spotify.
The 2024 Technology Pioneers cohort has the most representation from the largest entrepreneurship ecosystems in the world, the US and China, followed by India, which has more startups than ever before in this year’s cohort.
“The 2024 cohort will contribute cutting-edge insights and expertise to the Forum’s global initiatives over the next two years and help scale their impact,” WEF said in a statement.
The list comprises nine space companies, such as Pixxel, four neurotechnology firms, and four clean technology startups, including Amperehour and International Battery Company from India.
Of the 100 technology companies that made the list, one-third of them were led by women CEO.
Here is a list of all the 10 Indian startups which made it to the WEF’s 2024 Technology Pioneers List
Niramai Health Analytix
Founded in: 2016
Founded by: Geetha Manjunath
Headquarter:
Sector: Healthtech
Niramai is innovating with an AI-based test for early stage breast cancer detection that is affordable, portable and non-invasive.
Pixxel
Founded in: 2019
Founded by: Awais Ahmed and Kshitij Khandelwal,
Headquarter: Bengaluru
Sector: Deeptech
Pixxel
is building a constellation of hyperspectral earth imaging satellites to provide insights to sectors like agriculture, mining and environment, among others.
Sarvam AI
Founded in: July 2023
Founded by: AI4Bharat creators – Vivek Raghavan and Pratyush Kumar –
Headquarter: Bengaluru
Sector: Enterprisetech
Sarvam aims to develop custom-made large language models (LLMs), specifically designed for India-centric use cases.
AmpereHour
Founded in: 2017
Founded by: Ayush Misra, Harshal Thakur, Neehar Jathar, Rahul and Shelke
Headquarter: Pune
Sector: Cleantech
AmpereHour builds hardware and software technology for mid to large-scale battery-based energy storage systems. It is creating dispatchable renewable energy plants.
Cropin
Founded in: 2010
Founded by: Krishna Kumar and Kunal Prasad
Headquarter: Hyderabad
Sector: Agtech
Cropin is a SaaS-based agtech startup which helps farm-to-fork businesses digitise their operations and make informed decisions that enhance farming efficiency, productivity and sustainability, which provides farm management solutions that enhance productivity and digitise farm records.
Entri
Founded in: 2017
Founded by: Mohammed Hisamuddin and Rahul Ramesh
Headquarter: Pune
Sector: Edtech
Entri is a vernacular edtech startup that offers learning and skill development programmes in Indian languages.
HealthPlix
Founded in: 2014
Founded by: Raghuraj Sunder Raju, and Sandeep Gudibanda
Headquarter: Bengaluru
Sector: Healthtech
HealthPlix allows doctors to create a full medical profile of their patients, helping them during follow-on consultations. It is advancing AI-powered electronic medical record systems.
International Battery Company
Founded in: 2022
Founded by: Priyadarshi P
Headquarter: Sunnyvale, California
Sector: Cleantech
International Battery Company builds unique I-NMC Prismatic cells in India at its non-captive gigafactory. It provides large-sized, lithium-ion batteries for the small-mobility segment like two-wheelers, three-wheelers, light commercial vehicles, as well as industrial and farm equipment
NxtWave
Founded in: 2020
Founded by: Sashank Reddy Gujjula, Anupam Pedarla and Rahul Attuluri
Headquarter: Hyderabad
Sector: Edtech
NxtWave offers AI-driven, vernacular-based coding courses, enabling thousands of previously unemployed students to secure jobs.
String Bio
Founded in: 2013
Founded by: Vinod Kumar and Dr. Ezhil Subbian
Headquarter: Bengaluru
Sector: Healthtech
String Bio primarily manufactures raw materials for animal nutrition, agriculture, human nutrition and personal care sectors that are derived using a sustainable process. Besides, it is converting greenhouse gases into next-generation agricultural and nutritional products.
It is pertinent to note that the majority of these 10 startups are primarily AI-focused. This reflects the growing prominence of AI amid India’s evolving digital landscape.
Today, GenAI has surpassed the mere realm of automation to encompass crafting intelligent solutions that enable the most needed breakthroughs. As a result, investors have been increasing their interest in the segment in recent times.
Since 2019, over 100 startups in India have raised more than $600 Mn, fueling the growth of the Generative AI sector.