Three AI startups – Intello Labs, Uncanny Vision and VideoKen – were felicitated at the NASSCOM Technology & Leadership Forum, 2019.
Mphasis, an Information Technology (IT) solutions provider specializing in cloud and cognitive services, has collaborated with global trade body NASSCOM to recognise best-in-class AI startups in India, in an effort to advance the country’s AI ecosystem.
Three AI startups – VideoKen, Uncanny Vision and Intello Labs – which deliver innovative and intelligent solutions to market, were facilitated at the NASSCOM Technology & Leadership Forum, 2019 held in Mumbai on Thursday. They were selected from a pool of 1000 + startups after a rigorous evaluation.
The winners have developed AI-based solutions for three distinct purposes.
VideoKen works on transforming video watching experience for consumers by providing rich informative video content with the help of big data analytics, machine learning, and artificial intelligence to drive better user engagement.
Uncanny Vision has developed an AI-based ANPR system to recognize vehicle number plates for smart cities, smart parking and smart highways. It is rapidly gaining success across the country due to a 95 per cent accuracy rate.
Intello Labs has created a solution that assesses the quality of food products, including fruits, vegetables, spices and wheat. The solution can identify defects in food substances.
The collaboration aims at creating world-class AI ecosystem
“Hyper-personalization is redefining how consumers experience services today and AI is at the core of this reality. The participation from hundreds of startups in the space was inspiring and we are hopeful that such bright startups gets more opportunities to showcase and get the desired support to scale,” said Nitin Rakesh, CEO, Mphasis.
Debjani Ghosh, President, NASSCOM, commented, “The startup landscape in India has observed unparalleled development with a host of new entrants developing innovative solutions that enterprises are keen to invest in, providing the much-needed tailwind for AI adoption in India. To sustain and further this growth, it is imperative to identify and nurture talent from ground zero and help them bring their solutions to market with the right amount of guidance and support.”
“Our collaboration with Mphasis is one step towards the bigger goal of establishing India as a leading AI hub of the world and we are confident that this partnership will go a long way in creating a world-class AI ecosystem in the country,” she added.