Technology has become ingrained in our daily routines. Companies rely on tech stack to acquire advice on where to get healthcare services, discover answers to students’ questions, automate business processes, and manage transportation.
These platforms are powered by cutting-edge technology like artificial intelligence (AI), machine learning (ML), neural language processing (NLP), data analytics, and robotics.
Tech startups have been able to speed up technology development throughout time due to their nimbleness compared to established corporations.
HEAPS
Heaps Health Solutions, founded by Dr Suman Katragadda, is a global HealthTech platform and SaaS (Software-as-a-Service) provider that uses advanced data analytics, AI, and machine learning to revolutionize healthcare delivery and payment models.
Patients, payers (insurance companies), providers (hospitals), and large corporations are among the key stakeholders with whom the startup collaborates.
HEAPS claims to have developed a solid platform based on research, inputs from five million patient encounters, and a diversified team of medical professionals from India and the United States, including specialist doctors, clinicians, and domain experts.
The platform facilitates patient care coordination and management, and it is powered by machine learning and artificial intelligence (AI) to personalize care management strategies for each patient or policyholder.
HEAPS now provide post-discharge care management and health compliance and risk management (HCRM) in India and the United States, with additional countries such as South Africa, Bangladesh, and the United Arab Emirates in the pipeline.
The HealthTech platform is present in India through its offices in Mumbai, Hyderabad, and Bengaluru, as well as in the United States and Singapore via subsidiaries.
JIFFY.ai
JIFFY.ai’s intelligent automation platform helps business users to adapt to change and innovate faster. It was founded to dramatically change how organizations attain autonomy by automating difficult business operations.
The integrated platform, which Payeli Ghosh, Krishnan Subramanian, Babu Sivadasan, and Sudhir Sen launched in 2018, combines the cognitive capabilities of no-code based software development, intelligent document processing, NLP, RPA (robotic process automation), ML, and AI with an overarching human-in-the-loop approach to power the next generation of enterprise applications.
HyperApps (as-a-service) are pre-packaged automation apps built on this platform that can be extended across the company to expedite end-to-end automation.
The startup, which is based in the United States and India, believes in the potential of cognitive applications and automation.
Eight Roads Ventures, a Fidelity-backed investment group, led a $53 million Series B round of funding for the startup earlier this month.
In June 2020, the company received $18 million in a Series A round of funding headed by Nexus Venture Partners.
Doubtnut
founded in 2017 by Tanushree Nagori and Aditya Shankar, and later joined by Ravi Sekhar, uses artificial intelligence (AI) for picture identification, natural language processing, and proprietary machine learning algorithms to answer students’ questions.
The Gurugram-based edtech startup claims to offer over 100 courses, including live tuition classes, video lectures, test series, and other learning materials for classes 6 to 12, courses for CBSE Boards (UP, Bihar) and 14 other state boards, IIT/NEET/NDA preparation, govt exams like CTET, SSC, Banking, and special courses like spoken English.
The videos are available in English, Hindi, Tamil, Telugu, Kannada, Gujarati, and other languages.
The business says that over 2.5 million daily active users spend 600 million minutes every month on Doubtnut platforms.
Sequoia Capital India, Omidyar Network India, Waterbridge Ventures, SIG, and Lupa Systems are among the investors who have contributed a total of $50 million to the company so far.
LocoNav
Shridhar Gupta, Vidit Jain, Vikas Ralhan, and Anjali Joshi created Gurugram-based fleet management business LocoNav in 2016. It’s a full-stack fleet software firm dedicated to democratizing fleet technology access for drivers and fleet owners in emerging and high-growth regions around the world.
LocoNav helps fleet owners and operators to achieve operational efficiency and cost savings, as well as driver and vehicle safety, thanks to AI and IoT-led innovation services.
The firm currently claims to have a presence in more than 40 countries around the world.
Quiet Capital, Anthemis Group, Sequoia Capital India, Fundamental, RIT Capital Partners, Uncorrelated Ventures, Village Global, and other renowned investors contributed $37 million in a Series B investment last year.
Ripplr
which is owned and operated by Intelligent Retail Private Ltd and was founded in 2019 by Abhishek Nehru and Santosh Dabke, is India’s plug-and-play complete distribution network for brands. It’s an AI-powered full-stack distribution firm that provides brands with distribution as a service (DaaS) and is constructing India’s asset-light, tech-enabled distribution network.
The Bengaluru-based business is developing both digital and offline end-to-end capabilities to help companies scale distribution from hundreds of large format retail outlets to thousands of tiny stores across many geographies.
Ripplr helps businesses manage and digitize distributor operations, financial and backend processes, as well as create visibility and a logistics management layer.
The e-commerce platform claims to have a distribution network of 30,000+ retail locations, 10 micro warehouses, and a logistics network in six metro cities, as well as 30 partner offices in Bengaluru, Hyderabad, Chennai, Delhi NCR, Pune, and Hubli.
The startup presently employs roughly 300 people and wants to add more to fulfil its changing business needs and expansion objectives.
The e-commerce platform stated in February that it has crossed Rs 500 crore in annual recurring revenue (ARR) to become a multi-brand approved distributor in South India. It claims to have expanded sevenfold in the last year and is on track to reach Rs 2,000 crore in the following year. It raised a total of $500,000 last year.
Published By:- Tarsem Singh
Edited By:- Khushi Thakur
