In a significant milestone for the Indian tech ecosystem, ten innovative startups have been honored in the World Economic Forum’s (WEF) 2024 Technology Pioneers list.
This annual list, which highlights 100 leading technology companies from 23 countries, showcases groundbreaking advancements in various sectors including AI, clean energy, healthcare, biotechnology, space, and neurotechnology.
The Indian startups that made it into the list are Pixxel, Sarvam AI, Amperehour, Cropin, Entri, HealthPlix, International Battery Company, Niramai, NxtWave, and String Bio.
These companies are at the forefront of leveraging artificial intelligence to drive significant breakthroughs in their respective fields.
Niramai Health Analytix, founded by Geetha Manjunath in 2016, is revolutionizing the healthcare sector with its AI-based test for early-stage breast cancer detection. This innovative solution is affordable, portable, and non-invasive, making cancer detection more accessible.
Pixxel, established in 2019 by Awais Ahmed and Kshitij Khandelwal, is building a constellation of hyperspectral earth imaging satellites. These satellites provide critical insights for sectors such as agriculture, mining, and environmental monitoring.
Sarvam AI, a newcomer founded in July 2023 by AI4Bharat creators Vivek Raghavan and Pratyush Kumar, focuses on developing custom-made large language models (LLMs) tailored for India-centric use cases. This enterprise tech startup aims to enhance the applicability of AI in the Indian context.
AmpereHour, founded in 2017, is innovating in the cleantech sector with its hardware and software solutions for mid to large-scale battery-based energy storage systems. The Pune-based company, led by Ayush Misra, Harshal Thakur, Neehar Jathar, Rahul, and Shelke, is creating dispatchable renewable energy plants.
Cropin, a SaaS-based agtech startup founded by Krishna Kumar and Kunal Prasad in 2010, provides digital farm management solutions that enhance productivity and sustainability. The Hyderabad-based company helps farm-to-fork businesses make informed decisions to improve farming efficiency.
Entri, founded in 2017 by Mohammed Hisamuddin and Rahul Ramesh, offers vernacular edtech solutions for learning and skill development in Indian languages. This Pune-based startup aims to democratize education across India.
HealthPlix, established in 2014 by Raghuraj Sunder Raju and Sandeep Gudibanda, advances AI-powered electronic medical record systems. This Bengaluru-based company allows doctors to create comprehensive medical profiles for their patients, aiding follow-up consultations.
The International Battery Company, founded by Priyadarshi P in 2022 and headquartered in Sunnyvale, California, builds large-sized lithium-ion batteries in India for various applications including small-mobility segments and industrial equipment.
NxtWave, an edtech startup founded in 2020 by Sashank Reddy Gujjula, Anupam Pedarla, and Rahul Attuluri, offers AI-driven, vernacular-based coding courses. Based in Hyderabad, it helps thousands of students secure employment through its innovative programs.
String Bio, founded in 2013 by Vinod Kumar and Dr. Ezhil Subbian, is a Bengaluru-based startup converting greenhouse gases into next-generation agricultural and nutritional products. The company manufactures raw materials for animal nutrition, agriculture, human nutrition, and personal care sectors using sustainable processes.
This recognition highlights the growing prominence of AI in India’s digital landscape.
Since 2019, over 100 startups in India have raised more than $600 million, fueling the growth of the Generative AI sector.
The inclusion of these startups in the WEF’s list underscores their potential to contribute cutting-edge insights and expertise to global initiatives over the next two years, significantly scaling their impact on a worldwide stage.
The 2024 Technology Pioneers cohort sees the most representation from the US and China, followed by India, reflecting the country’s burgeoning startup ecosystem.
Notably, one-third of the companies on the list are led by women CEOs, emphasizing the growing diversity in tech leadership.
See full List of WEF’s 2024 Technology Pioneers.
