Tech30: Most Promising Indian Startups of 2024

It’s been a long funding winter, but Indian startups are slowly making their way out of it. They have made Indian stock markets their new playground and are dabbling in “cool” technologies like artificial intelligence (AI) to stay ahead of the game.

your story has been instrumental in highlighting and showcasing these entrepreneurs in various fields. And at TechSparks 2024, we’re highlighting their stories as part of Tech30 – a list of India’s 30 most promising startups poised to become major disruptors in all fields.

Chosen from nearly a thousand applications, these startups were chosen by a jury of startup ecosystem veterans and your story editorial team and senior research staff.

To celebrate the entrepreneurial spirit and efforts of Indian startups, Shradha Sharma, Founder and CEO of your storyunveiled the Tech30 report at TechSparks 2024, the flagship tech startup summit.

This year, we are bringing startups working in AI, deeptech, spacetech, agritech, fintech, healthtech and sustainability sectors, helping India reach its potential.

“What stands out this year is the growth of innovation that has the potential to transform Bharat. These startups are building solutions that promise to create a lasting impact, ensuring that India’s technology-driven future benefits people from all parts of the country,” Sharma said.

With Tech30, your story empowers early-stage startups to become the next generation of change-makers and provides a platform to share their stories, connect with investors, collaborate with stakeholders and take their projects to the next level.

You can download the Tech30 2024 report here.

Meet the top 30 promising innovators for 2024:

Ambitious

Hyderabad-based Ambiator develops alternative cooling technologies that are more energy efficient and greener than traditional air conditioning mechanisms.

Clueso

Y Combinator-backed Clueso uses generative AI (Gen AI) to help companies create training videos and step-by-step documentation to train employees and educate customers.

atmosphere

A climate finance platform, Climes works with businesses, brands and financial institutions to help them fund climate action projects.

Cognecto

Cognecto is a connected operations cloud platform that enables efficient fleet management, simplified maintenance, advanced fuel monitoring and dynamic resource allocation. It supports highway construction supervision, irregular cargo tracking, material handling equipment monitoring, and providing end-to-end coverage for mining workflows.

Composition

Composio provides a robust platform for building and managing composable applications, focusing on AI agents and large language models (LLMs), including built-in authentication solutions to enhance security and reliability while simplifying user access.

Computational imaging technique

Computation Imaging Tech offers a wide range of research tools and climate indices intended to inform environmental monitoring, agricultural optimization, climate change research and infrastructure management. The company uses remote sensing software, geospatial information systems (GIS), ML and AI to create climate indices and risk forecasts.

Dacia AI

Dacio AI, an AI startup focused on the automotive sector, offers an ADAS dashboard camera based on artificial intelligence that predicts accidents, alerts drivers and informs fleet owners. The company primarily serves logistics aggregators, trucking companies and transportation providers, generating revenue through two models: a combined hardware and subscription fee and a monthly subscription for each dashcam.

Electrify Mobility

Electrifi Mobility is an EV asset management and leasing startup that facilitates the electrification of commercial fleets. It provides end-to-end solutions including asset selection, leasing, maintenance, after-sales support, refurbishment and redeployment of EV assets.

Phytsol

Fitsol is a decarbonization service provider for manufacturing organizations that uses AI technology to monitor and report carbon emissions in real time. Fitsol offers various services, including sustainable logistics solutions, green transportation using low-emission vehicles, energy-efficient storage and sustainable packaging options.

They cry

Flent offers a unique solution that eliminates the need for brokers and owners. The proptech startup offers a full-stack rental platform that offers fully furnished, designer, turnkey homes with minimal deposits and zero brokerage.

Flowworks AI

Based on its proprietary ThorV2 AI model, Floworks AI builds AI-powered employees to automate the entire sales journey. Specializing in sales development, Floworks AI provides companies with tools to streamline prospecting, lead research and outreach across multiple platforms, including email and LinkedIn.

hexose

Hexo, based in California/Bengaluru, is an open-source technology company building a custom AI imaging engine focused on transforming the way enterprises and governments interact with data and imaging.

Inventus battery power

Inventus Battery Energy specializes in cutting-edge energy storage technologies, focusing on advanced lithium-ion and solid-state battery manufacturing. The startup owns several patented technologies and helps companies set up large-scale battery manufacturing plants.

Karban Envirotech

Karban Envirotech is a consumer electronics brand that specializes in IoT-based, energy-efficient climate control solutions for modern homes. The startup offers an innovative range of bladeless ceiling air purifiers: two prototypes of its flagship 3-in-1 product, Airzone, and a more compact version, Airzone Lite.

Kiko Live

Kiko Live is a comprehensive SaaS (Software-as-a-Service) solution designed to digitize and connect neighborhood retailers in India, providing a fast-paced commerce experience with 30-minute delivery. Offering food, medicine, stationery and more categories, Kiko Live aims to bring local shops into one digital network.

LifeNSense

LivNSense is an AI-based platform that uses technology for real-time emissions monitoring and control, predictive analytics for energy optimization, and machine learning for predictive maintenance to prevent inefficiencies.

Lotusdew

LotusDew provides financial services in two broad areas: investment advisory and brokerage. Using AI/ML tools, LotusDew processes unstructured data from the disclosures made by the 8,000 listed companies in its stock universe to create investment products.

MapMyCrop

MapMyCrop is an agritech startup that integrates 360-degree imagery with proprietary AI models to analyze multispectral imagery, weather data and agricultural insights, providing farmers with detailed, real-time crop data.

Personate.ai

Personate.ai creates tools for producing AI avatars and voice twins, providing companies with innovative solutions for live lip-sync translation in 50 languages.

Planet Electric

Planet Electric is developing last-mile electric trucks using lightweight composite materials to help third-party logistics companies. The company claims its electric light commercial vehicles can reduce the total cost of ownership by 40%, thanks to the 70% lightweight materials used in their design.

Try it

ReCircle is a data and supply chain company that uses technology to bring transparency, traceability and accountability to the recycling process. The startup is looking to promote supply chain integration and work on contracts with recyclers to source recycled plastic granules.

SpanTrik

SpanTrik, a space launch services company, aims to build reusable, low-cost, high-capacity launch vehicles to help expand the satellite sector. The company is working on its flagship reusable launch vehicle, the Raven, which addresses payload capacity limits and the lack of reusability in today’s space technology market.

Auto Speedloop

Speedlook Auto develops micro electric commercial vehicles designed for intra-city deliveries with load capacities up to 250 kg and daily travel distances below 150 km.

Starken Technologies

Starkenn Technologies specializes in the production of Advanced Driver Assistance Systems (ADAS) designed to enhance vehicle safety on Indian roads. These systems use automated technology such as sensors and cameras to alert drivers to potential hazards, improving road safety.

Subtilbotic

Subtlebotic offers a range of technology-based products, including its flagship portable external motor system, Limb Assist, designed for people with low limb function. It is also developing products such as a multi-axis wind turbine and green batteries for energy production and storage.

TSAW drones

Dronetech startup TSAW Drones offers solutions in the logistics, agriculture and surveillance sectors. The company develops and deploys autonomous drones to address supply chain bottlenecks in the logistics space.

Darkened

Umrit serves as a personal health assistant, providing personalized insights into users’ health profiles by analyzing blood reports, symptoms and other critical data. It enables differential diagnosis, root cause analysis and early disease detection.

thoughts

Vicharak develops parallel computing machines, where multiple processors can solve problems simultaneously, greatly increasing the speed and efficiency of the system. It aims to design a computing ecosystem that accelerates the speed and efficiency of daily operations, freeing computing power from the constraints of the past.

Vmaker AI

Vmaker AI is an AI-powered video editing startup that automates the end-to-end editing process, allowing users to create enhanced content with a single click. Using artificial intelligence-based algorithms, Vmaker AI identifies content with viral potential based on its virality score.

What is a Loan?

WhatsLoan takes a mobile-first approach, offering loan-as-a-service to empower consumers, distributors and lenders. The platform facilitates loan origination, validation, decision making, documentation, co-lending, application-based lending, credit modeling and scoring, along with the creation of dashboards and reports.

TechSparks 2024, TS sponsor GIF


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