TechMantras #6

India’s AI revolution has started. Delve into this week’s issue of TechMantras to see the first signs!

Welcome back to TechMantras! Your one-stop guide for information on the Indian startup Ecosystem.

Every week, I consume various articles on the Indian startup ecosystem, and deliver exciting metrics and developments through a quick read.

Bengaluru Startup TERES brings AI to the Supreme Court

• The apex court created history by using an AI-based transcript system for the first time.

• The AI Engine was used to translate court arguments into text during live proceedings.

• Since September 2022, hearings are also broadcasted live, a sign to take the judiciary system digital.

1. 🔗 Link: A startup that helps build AI business ideas.

• Xaigi was founded in 2021 to help startups identify problems and fix it incrementally by introducing AI development and scale their technologies.

• Their revenue was $650K in FY23 and the Delhi-based firm currently serves European, Middle Eastern and North American markets.

2. 🔗 Link: AI powered EMR based Health Tech startup raises $22M in Series C round.

• HealthPlix Technologies aims to ramp up product innovation, enhance their technology stack and build on the number of users on their platform

• They provide a platform to doctors to access AI powered EMR’s, and spot patients that require urgent care through their algorithms.

3. 🔗 Link: AI based investment platform raises $1.5 Million .

• Univest leverages AI to boost investment returns through exit signals that detect underperforming assets in a user’s portfolio.

• The company claims to handle portfolios worth Rs 700 Cr

And that’s all for today friends! Thanks for reading, and I would love to hear your thoughts.

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