Top 10 Artificial Intelligence Companies in India

By | December 22, 2023

Artificial Intelligence Companies in India:  In India, technology is advancing at a rapid pace and that’s nowhere more visible than in the field of Artificial Intelligence. As a result, some exceptional companies have been popping up all over the country to take advantage of this burgeoning tech trend.

For anyone interested in following the emerging AI landscape in India, here’s an overview of 10 world-class AI companies you should know about – from innovative startups to established industry leaders in AI development. 

From cutting edge machine learning algorithms to augmented reality solutions that are transforming customer experiences, these top 10 Artificial Intelligence companies in India are truly making waves around the globe. Whether you’re looking for collaboration opportunities or ways to tap into these highly advanced technologies, get ready as we dive deep into what sets each apart from the rest!

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Also read: What is Artificial Intelligence (AI), Applications, Examples, Companies, Course

Top 10 Artificial Intelligence Companies in India

We have listed artificial intelligence companies in India here. Keep reading to learn about top AI companies in India:

1) Bosch Ltd.

Bosch Ltd. is an Indian-based provider of goods and services in energy and building technology, consumer goods, industrial technology, and mobility solutions. The company operates through segments such as automobiles, consumer goods, and other products.

In the Automotive Products segment, Bosch Ltd. focuses on diesel systems, gasoline systems, and automotive aftermarket goods and services. The company also offers a variety of products, including power tools, building technology (security technology), and fuel injection equipment and components. Bosch Ltd. creates hardware, software, and service-based smart mobility solutions. 

2) Kellton Tech Solutions Ltd.

Kellton Tech Solutions Ltd. is an international company headquartered in India that provides services in enterprise resource planning, digital transformation, and various information technology fields.

The services offered by Kellton Tech Solutions include Agile Software Development, Digital Commerce and Marketing, Digital Integration, Outsourced Product Development, Platform Modernization, Professional Services, Research and Development Labs, Technology Consulting, and Testing and Automation. The company also provides platforms like Kellton4Media, KLGAME, Optima, and tHRive.

Kellton4Media covers diverse responsibilities within media organizations, allowing editorial content control, story submission, and ad publishing. KLGAME is a location-based gamification, analytics, and messaging engine for the Internet of Things (IoT). Optima is a digital oilfield analytical platform with IoT capabilities that gathers and aggregates vast amounts of data from multiple sources to produce insights.

3) Tata Elxsi Ltd.

Tata Elxsi Ltd. is a company specializing in design and technology assistance. The company operates through two main divisions: system integration & support and software development and services.

In the system integration & support segment, Tata Elxsi is engaged in implementing and integrating complete systems and solutions across various domains, including computing, broadcast, virtual reality, storage, and disaster recovery. It also offers professional services for the maintenance and support of technology infrastructure in India and abroad.

4) Happiest Minds Technologies Ltd.

Happiest Minds Technologies Ltd. is an information technology (IT) consulting and services provider based in India. The company operates through segments, including Infrastructure Management & Security Services (IMSS), Digital Business Solutions (DBS), and Product Engineering Services (PES).

In the IMSS segment, Happiest Minds Technologies offers managed security services and ongoing support for technology firms and mid-sized businesses. The DBS segment focuses on online modernization and transition through digital software development and application modernization. Additionally, PES provides device engineering, platform engineering, and digital foundry services. The company specializes in various digital technologies, including security, cloud computing, business process management (BPM), big data and advanced analytics, robotic process automation (RPA), and software-defined networking/network function virtualization (SDN/NFV).

5) Active.ai

Active.Ai, a Singapore-headquartered Fintech startup with an innovation lab in Bengaluru, utilizes artificial intelligence (AI) to deliver conversational banking services. Its aim is to help banks and financial institutions redefine their future digital strategy.

Also read: Artificial Intelligence Course Syllabus 2024

6) AIndra Systems

AIndra Systems, based in Bangalore, India, is a prominent AI and computer vision technology company specializing in innovative solutions, particularly in healthcare. The company is known for creating advanced products for medical diagnostics.

7) Zensar Technologies Ltd.

Zensar Technologies Ltd. provides electronic alternatives and technology services. It operates in two main segments: Digital and Application Services (DAS) and Digital Foundation Services (DFS). The DAS segment covers custom application management services, including development, maintenance, support, modernization, and testing across various technical and commercial verticals.

8) Affle (India) Limited

Affle India is a global technology company with a proprietary consumer intelligence platform. The platform facilitates consumer acquisitions, engagements, and transactions through relevant mobile advertising. The company, incorporated in 1994, went public in 2019.

9) Persistent Systems Ltd.

Persistent Systems Ltd. is an Indian holding company operating in the software and technology services industries. The company offers a range of services, including data and analytics, intelligent automation, cloud & infrastructure, client experiences (CX) transformation, and data and product engineering. Persistent Systems provides services to various sectors, including banking, financial services, insurance, healthcare, life sciences, industrial, software, high-tech, telecom, and media.

10) Oracle Financial Services Software Ltd.

Oracle Financial Services Software Ltd. specializes in offering business processing services and information technology solutions to the financial services sector. Its segments include business processing outsourcing services, IT solutions and related services, product licenses, and associated business activities. The Products segment covers various banking software products, while the Services segment provides comprehensive services spanning the lifecycle of applications used by financial service institutions, including technology, application, support, and consulting services.

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Top AI Companies in India Shares

The table below shows the top AI companies in India with share prices:

Top AI Companies in India Shares
S.No Best Artificial Intelligence Stocks in India Stock Price
1. Tata Elxsi Ltd. 8454.55 Rs.
2. Bosch Ltd. 21592.55 Rs
3. Kellton Tech Solutions Ltd. 85.20 Rs
4. Happiest Minds Technologies Ltd. 840.35 Rs
5. Zensar Technologies Ltd. 531.05 Rs
6. Persistent Systems Ltd. 6335.80 Rs
7. Saksoft Ltd. 326.00 Rs
8. Oracle Financial Services Software Ltd. 4111.25 Rs
9. Affle India Ltd. 1129.55 Rs
10. Cyient Ltd. 2067.10 Rs

Top Artificial Intelligence Companies in India Listed on NSE

  • Tata Elxsi Ltd (TAL) is a leading AI company listed on the NSE, recommended by various sources for investment in 2023.
  • Bosch Ltd is another prominent AI player listed on the NSE, recognized for its AI capabilities.
  • Happiest Minds Technologies Ltd is recommended for long-term investment, known for its AI contributions.

Also read: Age of Artificial Intelligence: Types, History, And Future

Top Artificial Intelligence Companies in India Listed on BSE

  • Tata Elxsi Ltd. is a top artificial intelligence company in India listed on BSE.
  • Bosch Ltd. is another leading AI company listed on BSE.
  • Kellton Tech Solutions Ltd. is recognized among the top AI companies in India.
  • Other notable AI stocks include Tata Consultancy Services (TCS), Infosys, Wipro, and HCL Technologies.
  • The Equitymaster stock screener identifies Tata Elxsi, Happiest Minds Technologies, Oracle Financial, Persistent Systems, and others as leading AI companies in India listed on BSE.

India is a fast-growing market for Artificial Intelligence and the top 10 companies listed in this post reinforces the potential for growth within AI. The many innovative products, services, and solutions these companies offer can undoubtedly contribute to improving India’s economy. With that being said, mastering AI requires study, practice, and discipline – but the reward is worth it. 

Master Generative AI: Data Science by Physics Wallah offers a comprehensive introduction into data science and machine learning models with real world examples and their application. Readers of this blog post can use coupon code “READER” to get a discount off their order. No matter what path you choose, Artificial Intelligence is set to play an increasingly vital role in India’s future success, so why not take advantage of it now?

Also read: Artificial Intelligence and Machine Learning: How Do They Differ?

FAQs

What are some prominent Artificial Intelligence companies in India?

India boasts several notable AI companies, including Tata Elxsi, Active.ai, Kellton Tech Solutions, Happiest Minds Technologies, Zensar Technologies, Persistent Systems, and Saksoft. These companies excel in diverse AI applications, contributing significantly to the global AI landscape.

What industries do these AI companies in India cater to?

These companies operate across various industries, offering AI solutions for Information Technology, Financial Services, Healthcare, Fintech, Logistics, Transportation, and Utilities. They leverage AI technologies to address industry-specific challenges and drive innovation.

What is the focus area of Tata Elxsi in Artificial Intelligence?

Tata Elxsi focuses on various technologies, including Artificial Intelligence, Machine Learning, IoT, Cloud, and VR. They provide design and tech services to industries such as Automotive, Broadcast, Communications, and Healthcare.

How does Active.ai contribute to the financial sector using AI?

Active.ai, headquartered in Singapore with an innovation lab in Bengaluru, delivers conversational banking services through AI. They help banks and financial institutions redefine their digital strategies by providing virtual agents for customer engagement.

What is the specialization of Happiest Minds Technologies in AI?

Happiest Minds Technologies specializes in facilitating digital transformations for enterprises and technology providers. They focus on providing smooth customer experiences, improved business efficiency, and valuable actionable insights through AI.

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