IIMA Ventures and Google Launch AI Academy India to Boost AI Startups

Meet The 22 Startups Which Made Into IIMA's AI Academy India Programme

The programme will expand to six other cities through partnerships with institutions like Kerala Startup Mission, T-Hub, IIT Delhi, IIM Bangalore, IIT Bombay, and IIT Madras Incubation Cell Startup incubator IIMA Ventures has joined hands with Google for Startups to launch the first cohort of its AI Academy India programme. The cohort, which includes 22 startups, aims to help them build artificial intelligence to address challenges across sectors, including healthcare, climate, agriculture, education, financial inclusion and infrastructure among others, IIMA said in a statement. It further said that the selected startups will receive practical training, expert mentorship, access to Google's AI technologies and cloud credits worth up to $350K. Founded in 2002, IIMA Ventures claims to have mentored over 7,000 founders and accelerated more than 1,700 startups in the past 20 years. It has also unveiled several initiatives, including India's first accelerator (iAccelerator), climate fund (INFUSE Ventures), and deeptech fund (Bharat Fund). "This initiative aligns with our regional incubation mission to foster innovation and entrepreneurship. The bootcamp has provided 22 promising startups from Gujarat with invaluable resources," said Vipul Patel, partner, seed investing at IIMA Ventures. The selected startups are working on diverse solutions including AI-powered ERP systems for education, electric vehicle marketplaces for climate tech, and AI tools for simplifying financial documents. Here is a list of all the 22 startups which made it to the IIMA's AI Academy India programme MagikKraft is an AI-powered platform that simplifies programming for drones, robots, and other devices. It allows users to create, simulate and deploy custom interaction recipes, transforming everyday devices into multifunctional tools. digiQC is a software platform designed to improve quality control in the construction industry. It digitises inspection processes, enabling real-time data capture and collaboration among project teams. ArgyleEnigma Tech Labs simplifies financial literacy and management through technology. They focus on helping individuals understand complex financial concepts and documents, making personal finance more accessible and manageable. MicroHeal helps people manage gut issues like IBS, GERD, acid reflux, and constipation through its app, healOgut. The app provides personalized care plans created by a team of experts, including a psychologist, nutritionist, and care manager. Credin provides digital loans to middle-class individuals and businesses. It offers interest-free EMI options for school fees through its Credin Shiksha program and short-term funding for retail stores to manage inventory through Credin Aarambh. VayuRide is a ride-hailing platform that connects users with drivers through an app. It eliminates commission fees for drivers and integrates with the ONDC network, aiming to make rides more affordable for users and profitable for drivers. VedClass is an online platform designed for JEE and NEET exam preparation. It provides tools for educators and students, including a paper generation app with over 300,000 questions in English, Hindi and Gujarati, enabling teachers to create exam papers efficiently. EVINDIA is a social commerce platform dedicated to the electric vehicle (EV) industry in India. It addresses the information gap in the EV market by providing comprehensive resources to assist prospective buyers in selecting suitable electric mobility products. NucleonHealth is a digital healthcare company. The company develops software solutions that streamline healthcare claims management for payers. Its platform assists with claims assessment, patient engagement, and the hospitalization process, aiming to enhance efficiency and reduce administrative burdens in the healthcare sector. SarvDhan is a digital lending platform. It offers a variety of financial products, including personal loans for individuals and business-focused loans such as commercial vehicle loans, tractor loans and loans against property. Eduberance is an online career guidance platform that assists students in exploring their interests and making informed career choices. It offers tailored online courses and self-assessment tools on topics such as career guidance, financial literacy for children, and digital marketing for young adults. Founded by: Deepak Rawat and Prathamesh Sonawane Headquarter: Ahmedabad, Gujarat Prepbook company built an educational platform designed to assist students in preparing for competitive exams, particularly the UPSC. The app offers daily summaries of current affairs and editorials, curated insights from NCERT notes (grades 6-12), and personalised monthly compilations of current affairs. 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. Torchit creates affordable devices to assist people with disabilities. Their products include a navigation device for the visually impaired to detect obstacles and smart glasses that help users read text through audio feedback. The company works with organisations to improve accessibility and independence for individuals with disabilities. Founded by: Vivek Kankaria, Aman Singhal and Vinay Kankaria, Headquarter: Ahmedabad, Gujarat Prepseed provides an AI-powered platform for students to prepare for competitive exams like JEE, NEET, CAT, and SAT. It offers practice tests, analytics, and personalised study plans. Let's Call is an AI-driven voice call solution designed to automate and improve large-scale customer interactions. It addresses the inefficiencies of traditional call management by integrating with tools like CRMs and calendars to streamline customer engagement. ClassDekho helps students find and enroll in local coaching classes. It provides information like reviews, ratings, and contact details for various courses, including languages, AutoCAD, animation, dance, and music. The platform is available as an app on iOS and Android. Trickee is an app for EV users that connects them with charging stations and simplifies the charging process with smart payment options. It provides insights on driving patterns, battery health, and charging habits to help users maintain their EVs and reduce costs. SuperCubs focuses on early childhood education by providing online learning tools for preschoolers. The platform includes live interactive sessions, thematic books, and a mobile app that offers structured daily plans, activity videos, educational games, and progress tracking. It helps parents homeschool their children by providing a comprehensive curriculum designed for early learning and development. CerboTech focuses on improving cognitive skills for children aged 8 to 18. The company offers online modules and activities to enhance memory, concentration, and problem-solving through games, puzzles, and riddles. It combines technology and education to support brain development and tailored learning for children. AICamp Founded by: Nishchit Dhanani and Shreya Ranpariya AICamp, helps businesses use AI tools like ChatGPT-4 and Claude in their daily work. It provides features that let teams work together, analyze data, and use multiple AI tools in one place. Kapidhwaj AI provides safety, security, and surveillance solutions for residential, enterprise, and public spaces. It uses technologies like AI, IoT, data engineering, cloud computing, and cloud storage to deliver end-to-end solutions tailored to various customer needs.

IIMA Ventures Partners with Google to Support AI Startups

Since 2002, IIMA Ventures has mentored over 7,000 founders, and accelerated 1,700 startups. IIMA Ventures has joined forces with Google for Startups to launch the first cohort of AI Academy India 2024. This initiative aims to equip early-stage AI startups with the resources, mentorship, and technology needed to address challenges across sectors such as healthcare, climate, agriculture, education, and financial inclusion. Supported by the MeitY Startup Hub, the inaugural cohort features 22 startups that receive practical training, expert guidance, access to Google's AI technologies, and up to $350,000 in cloud credits. As India's AI market is projected to reach $7.8 billion by 2025, with a potential contribution of $500 billion to GDP, this program looks to foster scalable and impactful AI-driven solutions. "We are proud to partner with Google for Startups to host the AI Academy India Bootcamp in Ahmedabad," said Vipul Patel, partner at Seed Investing, IIMA Ventures. "This initiative aligns with our mission to foster innovation and entrepreneurship. The bootcamp provides startups with invaluable resources, including access to cutting-edge AI technologies and expert mentorship, strengthening Gujarat's startup ecosystem." The selected startups are addressing varied challenges, such as AI-powered ERP systems in education, electric vehicle marketplaces for climate action, loan simplification tools in fintech, and collaborative AI platforms in healthcare. For instance, Magikkraft provides AI-powered inspection and monitoring for energy sustainability, while Credin is developing an inclusive lending platform for Bharat and Vayu, an interoperable mobility app, enables seamless travel and ticketing. Following its successful launch in Gujarat, the AI Academy India 2024 program will expand to six other cities, including Delhi, Bengaluru, Chennai, and Hyderabad, in collaboration with partners such as Kerala Startup Mission, T-Hub, IIT Madras Incubation Cell, and Nasscom AI. The program focuses on human-centered, responsible AI through workshops on Generative AI, app development, and product design, coupled with strategies for market scalability, AI-powered marketing, and fundraising. Since 2002, IIMA Ventures has mentored over 7,000 founders, and accelerated 1,700 startups, and continues to lead initiatives aimed at growing India's AI ecosystem.