In the news release, 35 Pioneering Indian DeepTech Startups join the USA Delegation for nasscom's Flagship InnoTrek 2024, issued 17-Sep-2024 by nasscom over PR Newswire, we are advised by the company that the entire Annexure section has been updated as originally issued inadvertently. The complete, corrected release follows:
35 Pioneering Indian DeepTech Startups join the USA Delegation for nasscom's Flagship InnoTrek 2024
NEW YORK, Sept. 18, 2024 /PRNewswire/ -- As frontier technologies rapidly evolve, India's DeepTech sector has experienced significant growth in recent years. To rank among the top three global DeepTech ecosystems, patient capital for scaling, robust R&D collaborations with academia for cutting-edge innovation, and enhanced market access through ecosystem connections are crucial. To foster this growth, nasscom has launched the 8(th) edition of its flagship InnoTrek program from September 17-26, 2024, in the U.S., connecting India's DeepTech ecosystem to the world.
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InnoTrek 2024 offers a ten-day immersive experience across multiple US cities (New York, New Jersey, Chicago and San Fransisco), connecting 35 Indian DeepTech startups with leading tech giants, investors, and mentors. The program includes pre-event virtual sessions on crucial topics like go-to-market strategies and funding opportunities in the US, along with a dedicated 'India Deep Tech Day Confluence' showcasing the transformative potential of the Indian deeptech industry.
The program will offer exclusive networking reception with prominent investors, venture capitalists, and potential clients from across industries, customer connect session, pre-arranged connect & pitch session with Tech experts and investors at prominent corporates campuses such as Plug and Play, Western Digital and Cognizant along with a visit to Stanford University campus for tech/GTM collaboration. InnoTrek 2024 will also host a welcome reception with the Indian embassy representatives and program partners and introductions to key stakeholders in the Silicon Valley ecosystem.
Speaking on the programme, Kritika Murugesan, Senior Director- Deep Tech & Startups at nasscom, said, "India's technology landscape is undergoing a profound transformation, driven by the rapid rise of DeepTech startups. Over the years, InnoTrek has built a strong legacy of empowering startups, offering unparalleled opportunities to connect with leading technology disruptors, venture capitalists, accelerators, and partners. nasscom InnoTrek 2024 is tailored to equip Indian DeepTech startups with the insights and tools needed to navigate the dynamic global DeepTech ecosystem."
An invite-only delegation, InnoTrek connects Indian tech and DeepTech startups with the tech, business, and investor ecosystems globally, offering the chance to engage with leading technology disruptors, venture capitalists, accelerators, and partners. The program offers critical insights into international expansion, funding opportunities, and the role of DeepTech in shaping a sustainable future. Serving as a platform for knowledge exchange, strategic partnerships, and market access, InnoTrek empowers startups to scale on the global stage. Over its seven editions, InnoTrek has impacted more than 200 startups, connecting them with over 250 speakers, mentors, and investors from Silicon Valley and the Middle East.
About nasscom:
nasscom represents the voice of over $250 billion technology industry in India with the vision to establish the nation as the world's leading technology ecosystem. Boasting a diverse and influential community of over 3000 member companies our network spans the entire spectrum of the industry from DeepTech and AI start-ups to multinationals and from products to services, Global Capability Centres to Engineering firms. Guided by our vision, our strategic imperatives are to accelerate skilling at scale for future-ready talent, strengthen the innovation quotient across industry verticals, create new market opportunities - both international and domestic, drive policy advocacy to advance innovation and ease of doing business, and build the industry narrative with a focus on Trust, and Innovation. And, in everything we do, we will continue to champion the need for diversity and equal opportunity.
For more details visit our website https://nasscom.in/ [https://nasscom.in/] or write to us at: comms@nasscom.in [mailto:comms@nasscom.in]
Annexure:
Meet the 35 Pioneering DeepTech Startups Headed for InnoTrek USA 2024
1. AIVOT AI: [https://aivot.ai/] AIVOT AI is a new age artificial
intelligence company started in 2019. Its aim is to use AI and Data
Sciences in revolutionizing various industries, businesses besides
embedding AI in all aspects of life.
2. Algomox: [https://algomox.com/] A leader in AI-driven IT management
automation, addressing the complexities of Cloud, Machine Learning, and
Cybersecurity. Its platform optimizes IT and ML operations, mitigates
disruptions and performance issues, and strengthens cyber security,
empowering enterprises to achieve efficient, seamless, and top-tier IT
management in an ever-evolving technology landscape.
3. AppSentinels AI: [https://www.appsentinels.ai/] Founded by distinguished
engineers who had built many leading Security products in the past. The
company is protecting more than 50 billion APIs/calls for customers in
banking, fintech, e-commerce, technology, broking, media & govt utility
companies.
4. AuditorsDesk [https://www.auditorsdesk.in/]: A SaaS based platform
designed for auditors. It streamlines audit processes, enhances
collaboration, and increases productivity. With features like AI based
sampling, automated workflows, real-time tracking, and customizable
templates, AuditorsDesk simplifies audit management. The platform
supports various audit types, ensuring compliance and accuracy. Its
user-friendly interface and robust tools make it an essential solution
for auditors, accountants, and financial professionals seeking to elevate
their audit experience.
5. Avgarde Systems: [https://www.avgarde.net/] An award-winning deeptech
startup focusing on radio frequency (RF), advanced wireless, radar
sensing, artificial intelligence (AI) and counter unmanned aircraft
systems (CUAS). It caters to multiple market segments, including airports
airspace safety, critical infrastructure protection, public safety,
unmanned traffic management, police & security, aerospace & defence,
amongst others.
6. Bankai Labs [https://bankailabs.com/] (Panamax): An AI-powered
accelerator transforming FinTech, Telecom, and 5 other domains with
cutting-edge technology. The company enhances efficiency, security, and
customer experience across various domains, using AI solutions for
real-time Revenue Assurance, Fraud Management, and other domain specific
solutions with 90-92% accuracy, increase operations efficiency by 27%,
ensuring clients remain competitive and compliant in a dynamic market.
7. Bobble AI [https://www.bobble.ai/en/home]: An innovative consumer AI
platform with 100 million+ users in the Indian subcontinent. The platform
has positively disrupted the smartphone experience by reimagining the
keyboard real estate as a mobile native AI assistant to enhance creative
expression and daily productivity. It has filed 40+ patents in the USA &
India.
8. CogniFirst Technologies [https://www.cognifirst.com/]: A proprietary
state-of-the-art AI platform that can be used across multiple scenarios
such as automatically extracting data from semi-structured/unstructured
documents or querying vast document repositories in natural language. It
provides end-to-end automation of document-based workflows within
organisations reducing cost, increasing transparency, and driving
efficiency.
9. Contiinex [https://www.contiinex.com/]: Contiinex is an industry vertical
speech AI platform for healthcare & financial services enterprises that
can be deployed on private-cloud to drive incremental sales, manage risk
and increase customer retention through combination of speech analytics
and voice bots.
10. EcoRatings: [https://ratings.eco/] A GenAI solution for sustainability
using the RAG + LLM approach. This can decode sustainability metrics
from various sources and seamlessly integrate them into existing
enterprise/organisational systems, ensuring that they can make informed,
real-time decisions- all in a geography, industry and framework agnostic
approach.
11. EQUIP9 [https://www.equip9.com/]: Equip9 is an innovative technology
company founded in November 2019, dedicated to transforming the heavy
equipment industry. Equip9 leverages cutting-edge artificial
intelligence to streamline rental operations and enhance decision-making
through a unified, data-driven platform.
12. FluxGen Sustainable Technologies [https://fluxgen.com/]: FluxGen works
towards building a water positive ecosystem, with focus on water
guzzlers - industrial facilities, urban utilities, smart cities,
hospitals. It aims to de-risk them from the water crisis by leveraging
technology to promote sustainable and circular water usage.
13. Gigin Technologies [https://gigin.ai/]: An AI-driven platform
transforming the informal workforce sector. The company bridges the gap
between employers and workers by enhancing employment opportunities
through reliable hiring, trust, safety measures, and comprehensive
verification processes.
14. GoCodeo AI Technologies [https://www.gocodeo.com/]: An AI agent for
white-box software testing. It leverages the power of LLMs to help
companies identify and eliminate software bugs early on, right at the
code level.
15. Humanify Technologies [https://www.humanifytechnologies.com/]: Humanify
uses deeptech to drive human-centricity. It serves the top leading
players across consumer, and digital first industries. It captures
streams of live human experiences, and at scale. Using its proprietary
AI technology, it decodes it for customised reporting with incredible
detail.
16. Keeves Technologies [https://www.keevestechnologies.com/]: Keeves
Technologies leads in VR/AR, Computer Vision, and Generative AI,
pioneering innovations and secure digital asset management. It redefines
immersive experiences and digital ecosystems, delivering cutting-edge
deep tech solutions that are set to shape the future.
17. Life Bound Technologies: [https://www.lifeboundtech.com/] Life Bound
Technologies delivers intelligent wireless monitoring solutions,
enhancing vital sign measurement with custom AI insights. The technology
ensures real-time, medical-grade precision across diverse environments.
18. Living Things [https://www.livingthings.ai/]: Living Things by iCapotech
Pvt Ltd is an innovative IoT platform driving the net-zero journey
toward a sustainable future. Its solution seamlessly integrates with
existing air conditioners, enabling businesses to optimize energy use,
enhance efficiency, and reduce carbon footprints. With real-time data
analytics and intelligent insights, its energy-saving algorithm
guarantees at least 15% savings on AC energy consumption.
19. LivNSense GreenOps [https://livnsense.com/]: The company is working
towards the management and optimization of Greenhouse Gas Emissions from
bottom-up approach. LivNSense targets high-energy equipment in
industries like asphalts, cement, petrochemicals, and mining, which
account for 50-60% of plant energy use. The company is enhancing its
GreenOps platform with AI/ML algorithms to manage carbon emissions and
increase alternate fuel usage.
20. Manastu Space Technologies [https://www.manastuspace.com/]: Manastu
Space revolutionizes space safety and logistics with cutting-edge green
propulsion systems for satellites. Its technology enhances satellite
agility and performance while reducing space debris and ensuring space
sustainability.
21. Perpetuuiti Technosoft [https://ptechnosoft.com/]: Perpetuuiti(TM) leads
in Enterprise Resiliency Automation, offering 1-Click Resilience. It
reduces Recovery Time Objectives (RTOs) by 70-80%, cuts operating costs
by 50%, and enhances efficiency. Serving major banks, insurers,
telecoms, airlines, and stock exchanges, Perpetuuiti(TM) ensures
compliance and rapid recovery from technical or cyber events, protecting
data and business operations.
22. PrivaSapien [https://www.privasapien.com/]: Privasapien designs Privacy
Enhancing and Responsible AI (PERAI) solutions for enterprises, focusing
on privacy, accountability, safety, security, fairness, explainability,
reliability, and sustainability (PASSFERS). Its comprehensive approach
helps organizations meet global privacy and AI regulations like DPDPA,
GDPR, EU AI Act, and PDPL, ensuring ethical data practices.
23. QpiAI India [https://www.qpiai.tech/]: QpiAI is vertically integrating
AI and quantum technologies - building a 25 qubit quantum computer and
software platforms leveraging AI and quantum inspired algorithms.
Flagship software products include QpiAI Pro, an AutoML & MLOps Platform
to scale enterprise AI deployments; QpiAI Opt, large scale optimization
solver logistics and supply chain industries. QpiAI also engages in AI
and quantum solutions for large scale projects.
24. Rezo.ai [https://www.rezo.ai/]: A data-first contact center that
leverages automation and analytics to help enterprises get better
results at reduced costs from their contact Center operations.
25. SCIKIQ Data [https://www.scikiq.com/]: A company that is developing
world class data products leveraging the latest technologies and
generative AI to fulfil its promise to make data accessible to everyone
for analysis & decision making.
26. SecneurX Technologies [https://www.secneurx.com/]: A cybersecurity
company dedicated to protecting organizations from targeted attacks. Its
customers include government, defence, tech companies, and BFSI sectors,
leveraging its advanced solutions to safeguard critical data and
maintain robust security postures.
27. Staqu Technologies [https://www.staqu.com/]: Staqu innovates with
JARVIS, a pure-play SaaS solution for seamless CCTV integration and
advanced analytics across diverse sectors like retail, infrastructure,
and healthcare.
28. Stylumia AI [https://www.stylumia.ai/]: Stylumia is enabling leading
Fortune 500 companies, big box retailers, vertical brands, and specialty
stores with game-changing AI to stay ahead as the retail sector is
undergoing a seismic shift, driven by non-traditional consumer /market /
competitive intelligence. Its proprietary AI decodes consumer interest
at internet scale, tailored to customers' specific context.
29. SustLabs [https://www.sustlabs.com/]: SustLabs developed an AI-powered
bot that empowers users with detailed insights into their energy
consumption. By providing clear, actionable data, it enables users to
take charge of their energy usage and achieve concrete energy
efficiency. Harnessing the power of advanced AI and machine learning,
SustLabs uncovers the mysteries behind unexpected utility bills and
lights the way to substantial savings.
30. SwitchOn [https://switchon.io/]: SwitchOn helps precision manufacturing
Industries drastically reduce their manufacturing defects through the
use of a one-of-a-kind field-trainable AI system.
31. Syook [https://www.syook.com/]: Syook is a no-code IoT platform
empowering industries to build custom IoT solutions trusted by leaders
from across industries. With a modular approach, Syook InSite enhances
safety, sustainability, and compliance through connected workers,
connected assets, Truck-in Truck-out (TiTo), and environmental
monitoring solutions.
32. Trinzz [https://trinzz.ai/]: Trinzz is India's CV/ML infrastructure
brand for the world, creating a full-stack platform for medical data
management. In its prototype stage, it has secured two NY-based
biomedical clients. With founders from Harvard, Forbes 30Under30, and
ex-Nvidia, Qualcomm, and Adobe, Trinzz aims at the US market, promising
flawless data processing for healthcare training and medical sciences.
33. TWYN [https://www.twyn.org/]: Twyn creates real-time 3D digital twins of
machines and factories, enabling remote monitoring and control. This
boosts efficiency, reduces downtime and costs, and enhances
productivity.
34. UNINO Healthcare [https://www.uninohealthcare.com/]: UNINO Healthcare
focuses on bringing efficient treatment and devices to reduce iatrogenic
conditions - A health complication arising due to a medical treatment.
It provides unique, innovative and affordable solutions using emerging
technologies. It also drives transformative medical innovations by
integrating multidisciplinary technologies to meet the growing demand
for enhanced healthcare products and services.
35. Worxogo Solutions [https://www.worxogo.com/]: Worxogo enhances team
productivity and engagement with behavioral science and AI. Its nudge
coach provides personalized coaching at scale, benefiting sales and
customer service teams. Trusted by Fortune 10 companies in 11 countries,
Worxogo is featured as an HBR case study and partners with Stanford
researchers to measure productivity impact.
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