About Artificial Intelligence companies in India
There are 1.92K Artificial Intelligence companies in India, including 536 funded companies having collectively raised $6.14B in venture capital money and private equity. Out of these, 136 are Series A+ funded, and 6 have achieved unicorn status.
Artificial Intelligence companies in India has seen 39 acquisitions and 2 IPOs.
Top Artificial Intelligence companies in India
There are more than 1.92K 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 |
|---|---|---|---|---|---|
Provider of a healthcare intelligence platform for enhanced patient outcomes | San Francisco (United States) | 2014 | Series F | $675M | |
Platform powering online and in-store retail operations using AI-driven tools | Mumbai (India) | 2012 | Acquired | $16M | |
Provider of AI-driven technology for video editing and content transformation | Los Angeles (United States) | 2016 | Acquired | $105M | |
Provider of unified AI platform for retail ecommerce sales and optimization | Mountain View (United States) | 2012 | Series D | $196M | |
Provider of an AI-powered platform for talent engagement and recruiting | San Francisco (United States) | 2016 | Series D | $90M |
Artificial Intelligence companies founded year-on-year in India
387 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 | - |
2025 | 232 |
2024 | 387 |
2023 | 309 |
2022 | 164 |
2021 | 134 |
2020 | 111 |
2019 | 126 |
2018 | 93 |
2017 | 70 |
Stage-wise distribution of Artificial Intelligence companies in India
Out of the total 1,921 Artificial Intelligence companies in India, 536 have secured funding. Among them, 136 have reached Series A or higher, and 70 to Series B or beyond.
Founded - 1,921
Funded - 536
Series A+ - 136
Series B+ - 70
Series C+ - 52
Company Stage | No. of companies |
|---|---|
Founded | 1,921 |
Funded | 536 |
Series A+ | 136 |
Series B+ | 70 |
Series C+ | 52 |
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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 $6.01B in the last 10 years. The most amount of funding was in 2022 at more than $1.16B. There has been a total funding of $721M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $721M |
2025 | $901M |
2024 | $782M |
2023 | $431M |
2022 | $1.16B |
2021 | $1.15B |
2020 | $383M |
2019 | $269M |
2018 | $176M |
2017 | $39.6M |
Recent Funding Rounds in Artificial Intelligence companies in India
In the year 2026, till April 2026, Artificial Intelligence companies in India have raised $721M in equity funding across 21 rounds.
In the same period last year (i.e. till April 2025), Artificial Intelligence companies in India had raised $322M across 46 rounds.
So, 2026 has seen a 124.12% 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 | 7684 | Apr 23, 2026 | ||
Seed | 6440 | Apr 16, 2026 | ||
Series A | 2787 | Apr 14, 2026 | ||
Series A | 1237 | Apr 09, 2026 | ||
Seed | 7301 | Apr 08, 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) | ||
London (United Kingdom) |
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M&A activity in Artificial Intelligence companies in India
In the year 2026, till April 2026, 4 acquisitions happened in Artificial Intelligence companies in India. Last year, in 2025, a total of 6 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 | Apr 09, 2026 | ||
Acqui-Hired | Apr 08, 2026 | ||
Business Acquisition | Mar 10, 2026 | ||
Business Acquisition | Feb 12, 2026 | ||
Business Acquisition | Nov 25, 2025 |
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 | 4 |
2025 | 6 |
2024 | 4 |
2023 | 7 |
2022 | 4 |
2021 | 5 |
2020 | - |
2019 | 8 |
2018 | 1 |
2017 | - |
IPOs in Artificial Intelligence companies in India
In the year 2022, till April 2022, 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 |
|---|---|---|
Apr 12, 2022 | 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 Bombay, BITS Pilani and IIT Kharagpur.
College | No. of companies |
|---|---|
IIT Bombay | 71 |
BITS Pilani | 61 |
IIT Kharagpur | 52 |
IIT Delhi | 48 |
IIT Kanpur | 47 |
IIT Madras | 31 |
IIT Roorkee | 29 |
Indian School of Business | 29 |
IIM Ahmedabad | 26 |
IIM Bangalore | 21 |
Total funding in Artificial Intelligence companies founded by alumni from top colleges in India
In the last 10 years, graduates from IIT Kharagpur have raised the most funding for Artificial Intelligence companies in India, compared to alumni from other top colleges. IIT Bombay alumni are second, and Columbia University alumni are third.
College | Total Funding |
|---|---|
IIT Kharagpur | $865M |
IIT Bombay | $857M |
Columbia University | $659M |
IIM Ahmedabad | $625M |
IIT Delhi | $606M |
University of California (Berkeley) | $428M |
BITS Pilani | $353M |
Yale University | $352M |
IIT Madras | $304M |
Stanford University | $265M |
Top News in Artificial Intelligence companies in India
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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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Fynd Expands Globally with AI-Powered Unified CommerceRetail Technology Innovation Hub•Feb 23, 2026•Fynd
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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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