Meet 22 Startups Selected For IIMA Ventures’ AI Academy India Programme

Meet 22 Startups Selected For IIMA Ventures’ AI Academy India Programme

SUMMARY

IIMA Ventures and Google for Startups have partnered to launch AI Academy India 2024, selecting 22 AI startups from Gujarat for its first cohort

Selected startups will receive practical training, expert mentorship, access to Google's AI technologies and cloud credits worth up to $350K to build solutions across healthcare, education, fintech and climate tech

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 Ventures 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 Ventures’ AI Academy India programme

Magikkraft

Founded in: 2023

Founded by: Khilan Popat

Headquarter: Ahmedabad, Gujarat

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

Founded in: 2019

Founded by: Sumant Kachru

Headquarter: Ahmedabad, Gujarat

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

Founded in: 2022

Founded by: Akash Parekh

Headquarter: Ahmedabad, Gujarat

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

Founded in: 2021

Founded by: Shashank Mishra

Headquarter: Ahmedabad, Gujarat

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

Founded in: 2019

Founded by: Rupesh Bishnoi and Birju Naik

Headquarter: Vadodara, Gujarat

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.

Vayu

Founded in: 2023

Founded by: Keval Sondarva

Headquarter: Ahmedabad, Gujarat

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

Founded in: 2019

Founded by: Piyush Kothiya

Headquarter: Surat, Gujarat

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

Founded in: 2021

Founded by: Dhruv Thakkar

Headquarter: Ahmedabad, Gujarat

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. 

Nucleon Health

Founded in: 2019

Founded by: Devdeep Borisagar and Kashyap Sheth

Headquarter: Vadodara, Gujarat

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

Founded in: 2023

Founded by: Arpit Shah

Headquarter: Ahmedabad, Gujarat

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

Founded in: 2021

Founded by: Niraj Harlalka and Neha Harlalka

Headquarter: Ahmedabad, Gujarat

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. 

Prepbook

Founded in: 2023

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

Founded in: 2018

Founded by: Gunjan Patel and Bhumika Patel 

Headquarter: Ahmedabad, Gujarat

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

Founded in: 2016

Founded by: Hunny Bhagchandani

Headquarter: Ahmedabad, Gujarat

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.

Prepseed

Founded in: 2021

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

Founded in: 2024

Founded by: Milind Patel

Headquarter: Ahmedabad, Gujarat

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

Founded in: 2022

Founded by: Niraj Javiya

Headquarter: Surat, Gujarat

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

Founded in: 2021

Founded by: Rhythm Agrawal

Headquarter: Ahmedabad, Gujarat

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 International

Founded in: 2020

Founded by: Vivek Sinhar 

Headquarter: Rajkot, Gujarat

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 Education

Founded in: 2018

Founded by: Sweta Prajapati and Paresh Yadav

Headquarter: Anand, Gujarat

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

Founded in: 2023

Founded by: Neil Dhami 

Headquarter: Ahmedabad, Gujarat

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.

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