About Artificial Intelligence companies in India
There are 2.96K Artificial Intelligence companies in India, including 632 funded companies having collectively raised $6.56B in venture capital money and private equity. Out of these, 132 are Series A+ funded, and 9 have achieved unicorn status.
Artificial Intelligence companies in India has seen 37 acquisitions and 3 IPOs.
Top Artificial Intelligence companies in India
There are more than 2.96K Artificial Intelligence companies in India. Innovaccer is the top Artificial Intelligence company in India, ranked using Tracxn Score (what's this?).
Here are 5 of the top Artificial Intelligence companies in India:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Developer of healthcare data platforms and artificial intelligence agent software | San Francisco (United States) | 2014 | Series F | $675M | |
Developer of a full-stack generative AI platform designed to build sovereign AI ecosystems for enterprises and governments | Bengaluru (India) | 2023 | Series B | $350M | |
Provider of an AI-powered mapping platform | Singapore (Singapore) | 2020 | Acquired | $34.2M | |
Developer of artificial intelligence software for medical imaging diagnostic analysis | Mumbai (India) | 2016 | Series D | $123M | |
Provider of an AI-powered platform for customer engagement and marketing | Mumbai (India) | 1998 | Early Stage | $4.89M |
Artificial Intelligence companies founded year-on-year in India
345 new startups have been founded so far in 2026 in Artificial Intelligence companies in India. 522 Artificial Intelligence startups in India were founded in 2024 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 345 |
2025 | 493 |
2024 | 522 |
2023 | 400 |
2022 | 188 |
2021 | 144 |
2020 | 122 |
2019 | 131 |
2018 | 95 |
2017 | 70 |
Stage-wise distribution of Artificial Intelligence companies in India
Out of the total 2,963 Artificial Intelligence companies in India, 632 have secured funding. Among them, 132 have reached Series A or higher, and 72 to Series B or beyond.
Founded - 2,963
Funded - 632
Series A+ - 132
Series B+ - 72
Series C+ - 49
Company Stage | No. of companies |
|---|---|
Founded | 2,963 |
Funded | 632 |
Series A+ | 132 |
Series B+ | 72 |
Series C+ | 49 |
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Funding Trends in Artificial Intelligence companies in India
Total funding year-on-year in Artificial Intelligence companies in India
Artificial Intelligence companies in India saw a total funding of more than $6.45B in the last 10 years. The most amount of funding has been in 2026 at more than $1.42B till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $1.42B |
2025 | $1.09B |
2024 | $876M |
2023 | $336M |
2022 | $915M |
2021 | $1B |
2020 | $379M |
2019 | $226M |
2018 | $168M |
2017 | $33.6M |
Recent Funding Rounds in Artificial Intelligence companies in India
In the year 2026, till September 2026, Artificial Intelligence companies in India have raised $1.42B in equity funding across 72 rounds.
In the same period last year (i.e. till September 2025), Artificial Intelligence companies in India had raised $668M across 130 rounds.
So, 2026 has seen a 113.2% rise in funding in Artificial Intelligence companies in India as compared to 2025.
Here are some recent, important funding rounds in Artificial Intelligence companies in India:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 7026 | Sep 07, 2026 | ||
Seed | 1223 | Aug 31, 2026 | ||
Seed | 8007 | Aug 13, 2026 | ||
Series A | 8685 | Aug 06, 2026 | ||
Series A | 2298 | Aug 05, 2026 |
Top Investors in Artificial Intelligence companies in India
Accel is the top investor in Artificial Intelligence companies in India based on number of companies invested.
Here are some top investors in Artificial Intelligence companies in India:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Palo Alto (United States) | ||
Menlo Park (United States) | ||
Cambridge (United States) | ||
Redwood City (United States) | ||
Menlo Park (United States) |
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M&A activity in Artificial Intelligence companies in India
In the year 2026, till July 2026, 6 acquisitions happened in Artificial Intelligence companies in India. Last year, in 2025, a total of 7 acquisitions happened in Artificial Intelligence companies in India.
Here are some recent, important acquisitions in Artificial Intelligence companies in India:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jul 09, 2026 | ||
Acqui-Hired | Apr 08, 2026 | ||
Business Acquisition | Mar 26, 2026 | - | |
Business Acquisition | Mar 10, 2026 | ||
Business Acquisition | Feb 27, 2026 |
Acquisition trends in Artificial Intelligence companies in India
Here are the acquisition trends in Artificial Intelligence companies in India:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 6 |
2025 | 7 |
2024 | 4 |
2023 | 5 |
2022 | 5 |
2021 | 3 |
2020 | - |
2019 | 7 |
2018 | - |
2017 | - |
IPOs in Artificial Intelligence companies in India
In the year 2018, till May 2018, 1 IPO happened in Artificial Intelligence companies in India.
Here are some recent, important IPOs in Artificial Intelligence companies in India:
Company | IPO Date | Exchange Symbol |
|---|---|---|
May 15, 2018 | National Stock Exchange (NSE) |
Colleges which produce the most Artificial Intelligence companies in India
Companies founded by alumni from top colleges in Artificial Intelligence companies in India
Most number of Artificial Intelligence startups in India have been founded by alumni from IIT Delhi, IIT Bombay and BITS Pilani.
College | No. of companies |
|---|---|
IIT Delhi | 100 |
IIT Bombay | 89 |
BITS Pilani | 65 |
IIT Kharagpur | 65 |
IIT Kanpur | 59 |
IIT Madras | 33 |
Indian School of Business | 31 |
IIM Ahmedabad | 28 |
IIM Bangalore | 26 |
IIT Roorkee | 24 |
Total funding in Artificial Intelligence companies founded by alumni from top colleges in India
In the last 10 years, graduates from IIT Delhi have raised the most funding for Artificial Intelligence companies in India, compared to alumni from other top colleges. IIT Bombay alumni are second, and IIT Kharagpur alumni are third.
College | Total Funding |
|---|---|
IIT Delhi | $1.22B |
IIT Bombay | $1.11B |
IIT Kharagpur | $955M |
IIM Ahmedabad | $585M |
University of California (Berkeley) | $408M |
Carnegie Mellon University | $371M |
ETH Zurich | $362M |
BITS Pilani | $337M |
Wharton School | $268M |
IIT BHU | $266M |
Top News in Artificial Intelligence companies in India
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Jio Haptik Unveils SOLO, an AI Growth Team for India's Solopreneurs and Small BusinessesBusinessnewsthisweek•Jul 07, 2026•Haptik
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Movate and Leena AI Partner to Advance AI-Led Employee ExperienceMedia Bulletins•Jun 02, 2026•Movate, Leena AI
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Qure.ai Earns FDA OK for 6 New AI Chest X-ray IndicationsMedical Product Outsourcing•Feb 26, 2026•Qure.ai
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Former Haptik Co-founder Launches AI-Focussed VC Fund ActivateViestories•Dec 04, 2025•Haptik, Together
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qXR from Qure.ai obtains regulatory clearance for paediatric TB screeningIndiaMedToday•Oct 17, 2025•Qure.ai
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