SUMMARY
- IIMA Ventures has announced its collaboration with Google for Startups and has kicked off its first group for the AI Academy India 2024.
- This initiative will assist early-stage startups in leveraging AI to tackle challenges in various sectors.
- The inaugural cohort of 22 startups will receive hands-on training, expert guidance, access to Google’s AI technologies and much more.
IIMA Ventures (formerly known as IIMA-CIIE) has announced its collaboration with Google for Startups and has kicked off its first group for the AI Academy India 2024.
This initiative will assist early-stage startups in leveraging Artificial Intelligence (AI) to tackle worldwide issues in areas such as healthcare, climate, agriculture, education, financial inclusion, and infrastructure. After its launch in Gujarat, the AI Academy India 2024 will expand to six additional cities across India, in collaboration with the Kerala Startup Mission, T-Hub & MATH, IHFC-IIT Delhi, NSRCEL IIM Bangalore, SINE IIT Bombay, IIT Madras Incubation Cell, along with Nasscom AI and People+AI.
With support from the MeitY Startup Hub, the inaugural cohort of 22 startups will receive hands-on training, expert guidance, access to Google’s AI technologies, up to $350,000 in cloud credits, and chances to connect with leading global companies.
Market analysis suggests that the AI market in India is expected to grow to $7.8 billion by 2025, potentially contributing $500 billion to the GDP.
IIMA Ventures has guided over 7,000 founders, pushed over 1,700 startups forward, provided essential funding to more than 700 businesses, and motivated over a million individuals through over 400 publications.
Vipul Patel, Partner, Seed Investing, IIMA Ventures, shared, “We are proud to partner with Google for Startups to host the AI Academy India Bootcamp in Ahmedabad. This initiative perfectly aligns with our regional incubation mission to foster innovation and entrepreneurship. The boot camp has provided 22 promising startups from Gujarat with invaluable resources, including access to advanced AI technologies and expert mentorship. We look forward to hosting more such programs to strengthen the startup ecosystem in Gujarat.”
The 22 startups are as follows:
1.Magikkraft
Founded in: 2023
Founder: Khilan Popat
Headquarter: Ahmedabad, Gujarat
MagikKraft operates an AI-powered platform that simplifies programming for drones, robots, and other devices. It enables users to create, simulate, and deploy custom interaction recipes, transforming everyday devices into multifunctional tools.
2.digiQC
Founded in: 2019
Founder: Sumant Kachru
Headquarter: Ahmedabad, Gujarat
digiQC is a software platform that enhances quality control in the construction industry. Digitizes inspection processes, enabling real-time data capture and collaboration among project teams are some of its services.
3.ArgyleEnigma Tech Labs
Founded in: 2022
Founder: Akash Parekh
Headquarter: Ahmedabad, Gujarat
ArgyleEnigma Tech Labs offers financial literacy and management through technology with a focus on helping individuals understand complex financial concepts and documents, making personal finance more accessible and manageable.
4.MicroHeal
Founded in: 2021
Founder: Shashank Mishra
Headquarter: Ahmedabad, Gujarat
MicroHeal manages gut issues like IBS, GERD, acid reflux, and constipation through its app, healOgut. It offers personalized care plans created by a team of experts, including a psychologist, nutritionist, and care manager.
5.Credin
Founded in: 2019
Founder: Rupesh Bishnoi and Birju Naik
Headquarter: Vadodara, Gujarat
Credin offers digital loans to middle-class individuals and businesses. Interest-free EMI options for school fees are provided through its Credin Shiksha program and short-term funding for retail stores to manage inventory through Credin Aarambh.
6.Vayu
Founded in: 2023
Founder: Keval Sondarva
Headquarter: Ahmedabad, Gujarat
VayuRide is a ride-hailing platform that connects users with drivers. It aims to make rides affordable for users and profitable for drivers by eliminating commission fees for drivers and integrating with the ONDC network.
7.VedClass
Founded in: 2019
Founder: Piyush Kothiya
Headquarter: Surat, Gujarat
VedClass is an online platform for JEE and NEET exam preparation offering tools for educators and students, such as a paper generation app with over 300,000 questions in English, Hindi, and Gujarati, so that the teachers can create exam papers efficiently.
8.EVINDIA
Founded in: 2021
Founder: Dhruv Thakkar
Headquarter: Ahmedabad, Gujarat
EVINDIA is an EV-focused social commerce platform addressing significant gaps in the industry. It offers comprehensive resources to assist prospective buyers in choosing suitable electric mobility products.
9.Nucleon Health
Founded in: 2019
Founder: Devdeep Borisagar and Kashyap Sheth
Headquarter: Vadodara, Gujarat
NucleonHealth is a digital healthcare company that develops software solutions to streamline healthcare claims management for payers. Claims assessment, patient engagement, and the hospitalization process, are some of its services. It aims to enhance efficiency and reduce administrative burdens in the healthcare sector.
10.SarvDhan
Founded in: 2023
Founder: Arpit Shah
Headquarter: Ahmedabad, Gujarat
SarvDhan is a digital lending platform that offers financial products such as personal loans for individuals and business-focused loans such as commercial vehicle loans, tractor loans, and loans against property.
11.Eduberance
Founded in: 2021
Founder: Niraj Harlalka and Neha Harlalka
Headquarter: Ahmedabad, Gujarat
Eduberance is an online career guidance platform that helps students explore their interests and make suitable career choices. Its features include tailored online courses and self-assessment tools on career guidance, financial literacy for children, and digital marketing for young adults.
12.Prepbook
Founded in: 2023
Founded by: Deepak Rawat and Prathamesh Sonawane
Headquarter: Ahmedabad, Gujarat
Prepbook is an educational platform that assist students in preparing for competitive exams, with a focus on UPSC. The app offers daily current affairs and editorials, NCERT notes (grades 6-12), and personalized monthly compilations of current affairs.
13.SynerSense
Founded in: 2018
Founder: Gunjan Patel and Bhumika Patel
Headquarter: Ahmedabad, Gujarat
SynerSense is developing wearable devices for gait analysis, focusing on individuals with orthopedic and neurological disorders. Their flagship product, GaitSense, is a portable, multi-sensor system that captures body motion to provide detailed analysis of gait and posture.
SynerSense creates wearable devices for gait analysis, focusing on individuals with orthopedic and neurological disorders. GaitSense is their flagship product which is a portable, multi-sensor system that captures body motion to provide detailed analysis of gait and posture.
14.Torchit
Founded in: 2016
Founder: Hunny Bhagchandani
Headquarter: Ahmedabad, Gujarat
Torchit creates affordable devices to assist people with disabilities such as navigation device for the visually impaired to detect obstacles and smart glasses. They help users read text through audio feedback. They partner with organizations to improve accessibility and independence for individuals with disabilities.
15.Prepseed
Founded in: 2021
Founder: Vivek Kankaria, Aman Singhal and Vinay Kankaria,
Headquarter: Ahmedabad, Gujarat
Prepseed is AI-powered platform for students to prepare for competitive exams like JEE, NEET, CAT, and SAT. Its offerings include practice tests, analytics, and personalized study plans.
16.Let’s Call
Founded in: 2024
Founder: Milind Patel
Headquarter: Ahmedabad, Gujarat
Let’s Call offers AI-driven voice call solution to automate and improve large-scale customer interactions. It tackles the inefficiencies of traditional call management through CRMs and calendars to streamline customer engagement.
17.ClassDekho
Founded in: 2022
Founder: Niraj Javiya
Headquarter: Surat, Gujarat
ClassDekho assists students in discovering the best local coaching classes through reviews, ratings, and contact details for various courses, including languages, AutoCAD, animation, dance, and music. The app is available on iOS and Android.
18.Trickee
Founded in: 2021
Founder: Rhythm Agrawal
Headquarter: Ahmedabad, Gujarat
Trickee EV users that connects EV users with charging stations and simplifies the charging process with smart payment options. It helps users maintain their EVs and reduce costs through insights on driving patterns, battery health, and charging habits.
19.SuperCubs International
Founded in: 2020
Founder: Vivek Sinhar
Headquarter: Rajkot, Gujarat
SuperCubs provides online learning tools for preschoolers such as live interactive sessions, thematic books, and a mobile app that offers structured daily plans, activity videos, educational games, and progress tracking. Parents can homeschool their children through this platform through its comprehensive curriculum designed for early learning and development.
20.CerboTech Education
Founded in: 2018
Founder: Sweta Prajapati and Paresh Yadav
Headquarter: Anand, Gujarat
CerboTech offers cognitive skill improvement services for children aged 8 to 18. Its features include online modules and activities to enhance memory, concentration, and problem-solving through games, puzzles, and riddles. The platform combines technology and education to support brain development and personalised learning for children.
21.AlCamp
Founder: Nishchit Dhanani and Shreya Ranpariya
AlCamp offers AI tools for daily work of businesses such as ChatGPT-4 and Claude. Its features let teams work together, analyze data, and use multiple AI tools in one place.
22.Kapidhwaj Al
Founded in: 2023
Founder: Neil Dhami
Headquarter: Ahmedabad, Gujarat
Kapidhwaj Al offers safety, security, and surveillance solutions for residential, enterprise, and public spaces through technologies like Al, IoT, data engineering, cloud computing, and cloud storage that deliver personalized end-to-end solutions.
These startups tackle challenges in education with AI-powered ERP, LMS, and CRM systems; with a social marketplace for electric vehicles for climate change; use AI tools to simplify loan and insurance in fintech; and deploy AI-driven collaborative platforms to simplify business in healthcare.
