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On Fri, 13 Sept, 4:03 PM UTC
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AWS picks 7 India startups for its GenAI program
Amazon Web Services (AWS) has selected seven Indian startups for its global generative AI accelerator program. These startups -- Convrse, House of Models, Neural Garage, Orbo.ai, Phot.ai, Unscript AI and Zocket -- are among the 80 global companies chosen for their innovative use of AI and their potential for international growth. This is the highest representation from a single country in the Asia-Pacific region for the program, which is part of AWS's $230-million commitment to accelerate global application development using AI technologies. These startups will also have the opportunity to showcase their solutions at AWS's re:Invent event in Las Vegas. Amitabh Nagpal, head of startup business development at AWS India, said: "The selected startups are at the forefront of tapping into the transformative potential of generative AI to build innovative solutions that address complex challenges not just in India, but globally." The Indian startups selected for the program offer a range of AI solutions across various industries. Convrse optimizes complex 3D objects to make them web or real-time ready, while House of Models leverages AI to generate digital content for brands, including images, videos, and product descriptions. Neural Garage enhances film and broadcasting experiences by using AI to synchronize actors' lips with dubbed audio. Meanwhile, Orbo.ai provides hyper-personalization and contextual search solutions for the beauty and personal care sectors. Phot.ai offers a comprehensive platform that simplifies photo editing and graphic design for e-commerce applications. Unscript AI creates studio-quality videos featuring real or virtual actors, eliminating the need for physical shoots. Lastly, Zocket employs generative AI to streamline digital advertising through enhanced ad creation, targeting, and analytics, facilitating efficient campaign management for businesses of all sizes. The program also includes mentorship and educational resources to further enhance the startups' deployment of AI and machine learning technologies. Additionally, NVIDIA, as a presenting partner, provides technology and technical sessions to support the startups' development efforts. The growth of AI in India is further underscored by recent industry data. According to PitchBook Data, Inc, AI and machine learning companies in India have raised over $82 billion in investments in 2024 alone. However, with only 35% of generative AI companies maintaining offices outside their headquarters country, the global expansion of these enterprises presents a significant opportunity for growth. Brendan Burke, Senior Analyst at Emerging Technology Research, PitchBook, said: "Asia-Pacific-based generative AI companies have raised over $2.5 billion in 2024, more than the prior three years combined. Developers and startups are seizing the opportunity to train custom models based on unique cultural and linguistic data, paving the way for specialized applications across various domains.
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AWS Selects Seven Indian Startups for Global Generative AI Accelerator Program
Amazon Web Services (AWS) has selected seven generative AI startups from India to join its prestigious Global Generative AI Accelerator program. India has the highest representation in the Asia-Pacific and Japan region, showcasing the country's growing influence as an emerging AI hotspot. The chosen startups -- Convrse, House of Models, Neural Garage, Orbo.ai, Phot.ai, Unscript AI, and Zocket -- are part of 80 companies selected globally for their innovative use of AI and global growth potential. Each of these startups will receive up to US$1 million in AWS credits, mentorship from global experts, and technical support to accelerate their AI development. They will also gain the opportunity to showcase their solutions at AWS's reevent in Las Vegas later this year. This selection is part of AWS's US$230 million commitment to advancing generative AI technologies across the globe. Startups in the accelerator will benefit from access to AWS's compute, storage, and database solutions, as well as energy-efficient AI chips like AWS Trainium and Inferentia2. The startups will also be able to leverage Amazon SageMaker for building and training foundation models, and Amazon Bedrock to develop generative AI applications securely. Amitabh Nagpal, Head of Startup Business Development at AWS India, highlighted the potential of the selected Indian startups. "We are thrilled to announce the seven Indian startups that have been selected. These companies are driving innovation in generative AI and will help solve complex challenges in India and beyond," he said. The accelerator program lasts for 10 weeks and pairs startups with business and technical mentors from AWS and presenting partner NVIDIA, a leader in accelerated computing. The goal is to empower startups with the resources they need to develop, train, test, and scale their AI solutions effectively. India's AI sector continues to expand, with over US$82 billion invested in AI and ML startups in 2024, according to PitchBook Data. AWS is committed to fostering this growth through initiatives like the AWS GenAI Loft, a pop-up space in Bangalore designed to promote generative AI innovation. Selected Startups from India for the AWS Global Generative AI Accelerator: AWS's accelerator is expected to play a crucial role in shaping the future of AI startups, providing them with the tools and infrastructure needed to fulfill their ambitions on a global scale.
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AWS chooses 7 generative AI startups from India for global AWS Generative AI Accelerator
Amazon Web Services (AWS) has selected seven generative AI startups from India for the AWS Global Generative AI Accelerator program. The selected Indian startups -- Convrse, House of Models, Neural Garage, Orbo.ai, Phot.ai, Unscript AI, and Zocket, are among the 80 companies selected by AWS worldwide for their innovative use of AI and their global growth ambitions. The Indian cohort also represents the highest number of startups selected from a country in the Asia-Pacific region for the AWS Global Generative AI Accelerator program. "At AWS, our $230 million commitment and global expansion of the generative AI accelerator reflects our continued focus on supporting startups to develop, build and scale their unique ideas using generative AI," said Amitabh Nagpal, Head, Startup Business Development, AWS India. The selected startups will also be invited to AWS's premier annual event, re:Invent, in Las Vegas, where they will showcase their solutions on a global stage. In June, AWS announced $230 million fund to accelerate the creation of applications worldwide, the AWS Generative AI Accelerator program provides startups, especially early-stage companies, with AWS credits, mentorship, and education to further their use of AI and ML technologies. The AWS Generative AI Accelerator program offers startups -- especially those in early stages -- AWS credits, mentorship, and education to enhance their use of AI and machine learning. Selected startups receive access to AWS's compute, storage, and database technologies, along with AWS Trainium and AWS Inferentia2, which are high-performance, cost-effective AI chips. The credits can also be used with Amazon SageMaker, a service that helps build and train foundation models, and Amazon Bedrock, which provides tools for creating generative AI applications securely and easily. The 10-week program matches participants with both business and technical mentors based on their industry, and chosen startups will receive up to $1 million each in AWS credits to help them build, train, test, and launch their generative AI solutions. Participants will also have access to technology and technical sessions from program presenting partner NVIDIA, a pioneer in accelerated computing. According to PitchBook Data, Inc, 1,813 AI and ML companies have raised funding in India with over $82 billion in investments to date in 2024. However, only 35 per cent of generative AI companies globally have offices in locations outside their headquarter country, revealing that more can be done to support startups realize their growth ambitions. SHARE Copy linkEmailFacebookTwitterTelegramLinkedInWhatsAppRedditPublished on September 13, 2024
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AWS selects seven generative AI startups from India for global AWS Generative AI Accelerator
India represents the highest number of generative AI startups selected for the accelerator in the Asia-Pacific and Japan region, underscoring the potential of the country as an emerging AI hotspot Selected startups will receive US$1 million AWS credits, mentorship from global experts, and support to accelerate AI innovation with AWS, along with an opportunity to showcase their solutions at AWS re:Invent in Las Vegas Amazon Web Services (AWS), an Amazon.com company, today announced that seven generative AI startups from India have been selected for the AWS Global Generative AI Accelerator program. The selected Indian startups -- Convrse, House of Models, Neural Garage, Orbo.ai, Phot.ai, Unscript AI, and Zocket, are among the 80 companies selected by AWS worldwide for their innovative use of AI and their global growth ambitions. The Indian cohort also represents the highest number of startups selected from a country in the Asia-Pacific region for the AWS Global Generative AI Accelerator program. The selected startups will also be invited to AWS's premier annual event, re:Invent, in Las Vegas, where they will showcase their solutions on a global stage. As part of AWS's US$230 million commitment to accelerate the creation of applications worldwide, the AWS Generative AI Accelerator program provides startups, especially early-stage companies, with AWS credits, mentorship, and education to further their use of AI and ML technologies. Selected startups will gain access to AWS compute, storage, and database technologies, as well as AWS Trainium and AWS Inferentia2, energy-efficient AI chips that offer high performance at the lowest cost. The credits can also be used on Amazon SageMaker, a fully managed service that helps companies build and train their own foundation models (FMs), as well as to access models and tools to easily and securely build generative AI applications through Amazon Bedrock. The 10-week program matches participants with both business and technical mentors based on their industry, and chosen startups will receive up to US$1 million each in AWS credits to help them build, train, test, and launch their generative AI solutions. Participants will also have access to technology and technical sessions from program presenting partner NVIDIA, a pioneer in accelerated computing. "We are thrilled to announce the seven Indian startups that have been selected for the AWS global generative AI accelerator program. The Indian cohort represents the highest number of startups selected for the accelerator in the Asia-Pacific and Japan region. The selected startups are at the forefront of tapping into the transformative potential of generative AI to build innovative solutions," said Amitabh Nagpal, Head, Startup Business Development, AWS India. "At AWS, our $230 million commitment and global expansion of the generative AI accelerator reflects our continued focus on supporting startups to develop, build and scale their unique ideas using generative AI. We are excited to witness the pioneering advancements that the selected startups will bring to solve complex challenges in India and worldwide." In India, AWS continues to support generative AI startups through initiatives such as AWS GenAI Loft, a collaborative pop-up space recently hosted in Bangalore to promote innovation in AI. It offered visitors a unique platform to gain insights and explore real-world applications of generative AI across industries. According to PitchBook Data, Inc, 1,813 AI and ML companies have raised funding in India with over US$82 billion in investments to date in 2024. However, only 35% of generative AI companies globally have offices in locations outside their headquarter country, revealing that more can be done to support startups realize their growth ambitions. "Asia-Pacific-based generative AI companies have raised over $2.5 billion in 2024, more than the prior three years combined," said Brendan Burke, Senior Analyst, Emerging Technology Research, PitchBook. "Developers and startups are seizing the opportunity to train custom models based on unique cultural and linguistic data. Additionally, leading AI researchers are working on a diversity of transformer models in multimodal domains including 3D images, interactive media, and synthetic voice. The future of AI applications will rely on specialized model architectures and startups will need world-class cloud infrastructure to fulfill their vision." Here is the list of Indian startups selected for AWS Global Generative AI Accelerator program. Click here to see the complete list of 80 startups selected worldwide for the accelerator program. Convrse| Industry: Software & Internet | Location: Haryana, India Convrse develops an AI-based tool to optimize complex 3D objects or scenes and make them web or real-time ready. House of Models | Industry: Software & Internet | Location: Karnataka, India House of Models leverages LLM and Diffuser models to generate digital content for brands and businesses, including images, videos, and product descriptions. Neural Garage |Industry: Media & Entertainment | Location: Karnataka, India Neural Garage uses generative AI to sync actors' lips with dubbed audio in film, streaming, advertising, and broadcasting, offering seamless viewing without compromising the cinematic feel. Orbo.ai | Industry: Retail | Location: Maharashtra, India Orbo.ai uses generative AI to provide hyper-personalization and contextual search solutions for the beauty and personal care industries. Phot.ai | Industry: Marketing & Advertising | Location: Haryana, India Phot.ai is a comprehensive AI-powered platform that simplifies photo editing and graphic design through a wide range of tools designed to help e-commerce sellers optimize their workflows. Unscript AI | Industry: Marketing & Advertising | Location: Karnataka, India Unscript AI uses generative AI to create studio-quality videos with real or virtual actors, without the cost or time involved with physical shooting. Zocket | Industry: Software & Internet | Location: Tamil Nadu, India Zocket simplifies digital advertising using generative AI for ad creation, targeting, and analytics, making it easy for businesses of all sizes to manage and optimize campaigns. About Amazon Web Services Since 2006, Amazon Web Services has been the world's most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, media, and application development, deployment, and management from 108 Availability Zones within 34 geographic regions, with announced plans for 18 more Availability Zones and six more AWS Regions in Mexico, New Zealand, the Kingdom of Saudi Arabia, Taiwan, Thailand, and the AWS European Sovereign Cloud. Millions of customers -- including the fastest-growing startups, largest enterprises, and leading government agencies -- trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com.
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Seven GenAI startups from India selected for AWS Generative AI Accelerator
Amazon Web Services on Friday announced that seven generative AI startups from India have been selected for its global Generative AI accelerator program. The selected Indian startups -- Convrse, House of Models, Neural Garage, Orbo.ai, Phot.ai, Unscript AI, and Zocket, are among the 80 companies selected by AWS worldwide for their innovative use of AI and their global growth ambitions, according to a release. Click here to connect with us on WhatsApp The Indian cohort also marks the highest number of startups selected from a country in the Asia-Pacific region for the AWS Global Generative AI Accelerator programme. As part of AWS's $230 million commitment to drive the creation of applications worldwide, the AWS 'Generative AI Accelerator program' provides startups, especially early-stage companies, with AWS credits, mentorship, and education to further their use of AI and machine learning technologies. "Selected startups will gain access to AWS compute, storage, and database technologies, as well as AWS Trainium and AWS Inferentia2, energy-efficient AI chips that offer high performance at the lowest cost," the release said. Also Read Opportunity or big threat? How AI will impact Indian regional languages CCI selects Management Development Institute to conduct market study on AI Premium How insurance industry is adopting technology to assist customers OpenAI presents new series of AI models with 'reasoning' abilities Google introduces AI-driven podcast feature 'Audio Overview' in NotebookLM
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AWS Selects Seven Indian Startups for Global Generative AI Accelerator Program
Selected startups will gain access to AWS compute, storage, and database technologies, as well as AWS Trainium and AWS Inferentia2, energy-efficient AI chips that offer high performance at the lowest cost. The credits can also be used on Amazon SageMaker, a fully managed service that helps companies build and train their own foundation models (FMs), as well as to access models and tools to easily and securely build generative AI applications through Amazon Bedrock.
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Meet The 7 Indian Startups Picked Up For Amazon's GenAI Accelerator
Unscript AI, Orbo.ai, Neural Garage, and Zocket are among the startups that have been selected for the accelerator programme Amazon's cloud computing arm Amazon Web Services (AWS) has picked up seven Indian startups, operating in the GenAI space, for its AWS Global Generative AI Accelerator programme. Announced in June, the 10-week programme has selected 80 startups across the globe. As part of the programme, these startups will get up to $1 Mn in AWS credits that will help them build, train, test and build their GenAI solutions. By tapping these credits, they can also gain access to Amazon SageMaker, a fully-managed service that facilitates companies to develop and upskill their own foundation models. Additionally, the selected startups will also have access to a host of AWS services, including AWS compute, storage and database technologies, along with AI chips like AWS Trainium and AWS Inferentia2, designed for higher performance and energy efficient delivery at a lower cost. For the uninitiated, Amazon Web Services' Indian cohort forms the largest group of startups to be selected in the Asia Pacific region. Let's take a look at the list of the seven Indian GenAI startups that made into the cohort of AWS Global Generative AI Accelerator programme: Founded in 2021 by Anshul Padyal, Vishesh Khatri and Vikrant Singh, Convrse is an AI-based tool to optimize complex 3D objects or scenes and make them web or real-time ready. The startup, which serves in industries like gaming, architecture, manufacturing, healthcare and simulations, claims to be the world's first intelligent 3D mesh optimiser. Headquarters: Bengaluru House of Models leverages large language models (LLM) and diffuser models to generate digital content for brands and businesses, including images, videos, and product descriptions. Founded in 2021 by Anjan Banerjee, Mandar Natekar, Subhabrata Debnath and Subhashish Saha, Neural Garage uses GenAI to sync actors and lips with dubbed audio in film, streaming, advertising and broadcasting, offering seamless viewing without compromising the cinematic feel. Orbo.ai uses GenAI to provide hyper-personalisation and contextual search solutions for beauty and personal care industries. Founded by Manoj Shinde, Danish Jamil, Abhit Sinha in 2019, the startup gives data insights on facial attributes, skin tone and abnormalities to give customised results. Founded in 2022 by Akshit Raja and Venus Dhuria, Phot.ai is a comprehensive AI-powered platform that simplifies photo editing and graphic design through a wide range of tools designed to help e-commerce sellers optimize their workflows. Unscript AI is a SaaS marketing tool that uses generative AI to create studio-quality videos with real or virtual actors, without the cost or time involved with physical shooting. It was founded by Ritwika Chowdhury in 2021 with an aim to empower companies to create more personalized and impactful customer experiences. Founded by Karthik Venkateswaran, Mukund Srivathsan, Nandha Kumar Ravi and Sundar Natesan in 2021, Zocket simplifies digital advertising using generative AI for ad creation, targeting, and analytics, making it easy for businesses of all sizes to manage and optimize campaigns.
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Amazon Web Services (AWS) has chosen seven Indian startups specializing in generative AI for its global AWS Generative AI Accelerator program. This initiative aims to support and accelerate the growth of promising AI ventures in India's thriving startup ecosystem.
Amazon Web Services (AWS) has announced the selection of seven Indian startups for its global AWS Generative AI Accelerator program. This initiative is designed to support early-stage startups building innovative generative AI solutions across various industries 1. The program, which is part of AWS's commitment to fostering innovation in the AI sector, will provide these startups with technical, business, and go-to-market mentorship from AWS and industry leaders 2.
The chosen startups represent a diverse range of AI applications:
The selected startups will receive a comprehensive package of benefits, including:
This initiative highlights India's rapidly growing AI startup ecosystem. The country has seen a surge in AI-focused startups, with over 3,000 AI startups currently active. India ranks third globally in the number of AI companies, demonstrating its potential as a hub for AI innovation 5.
The AWS Generative AI Accelerator program is part of AWS's broader strategy to support AI development. In addition to this program, AWS has launched various initiatives to promote AI adoption and innovation, including:
Reference
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Analytics India Magazine
|AWS Selects Seven Indian Startups for Global Generative AI Accelerator Program[3]
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Amazon Web Services (AWS) and Tamil Nadu's IT&T Hub have joined forces to foster generative AI innovation among startups in the state. This collaboration aims to accelerate the growth of AI-driven enterprises and position Tamil Nadu as a leader in the AI ecosystem.
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A comprehensive look at India's burgeoning AI startup ecosystem, showcasing innovative solutions in various sectors and the challenges they face.
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Amazon Web Services (AWS) announces the Generative AI Partner Innovation Alliance to expand the reach of its Generative AI Innovation Center, aiming to help more customers build and deploy AI solutions worldwide.
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IIMA Ventures partners with Google for Startups to launch AI Academy India, supporting 22 AI startups with resources, mentorship, and technology to address challenges across various sectors.
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Amazon Web Services (AWS) showcases significant AI developments at its annual re:Invent conference, including new Trainium chips, enhancements to SageMaker and Bedrock platforms, and AI-powered tools to compete with Microsoft in the cloud computing market.
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