5 Best AI and ML startup hirings in 2024

Innefu Labs

Innefu Labs is a Delhi-based AI startup that provides cybersecurity solutions including multi-factor authentication, biometric authentication, and Big Data analytics to both predict as well as prevent cyber threats. Rising cyber threats are a serious issue for companies today and to address this, Innefu has developed its patented security solution – AuthShield that leverages image and speech-based authentication system. AuthShield works something like this – if a user wishes to access an application/system, he/she first needs to click a selfie from the phone and speak a few words. The image and speech are then matched and verified with the user’s features by a 3D modeling pattern and if it matches, access is granted.

Innefu caters to the security needs of clients spanning across diverse industries such as the Indian Army, intelligence agencies, police departments, e-commerce, IT/ITES, telecom, BFSI, and BPOs, among others.

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NetraDyne

NetraDyne is a one-of-a-kind commercial vehicle technology provider headquartered in Bengaluru and San Diego. Its IoT-based product, Driveri combines AI and Deep Learning to identify and determine the causality of unfortunate accidents on the road by providing commercial fleets with real-time and meaningful data. With the data at their disposal, commercial fleets can detect risky driving and the possibility of unforeseen incidents and prevent it from happening by applying their resources promptly. The aim is to enhance commercial fleet safety.

In June 2016, NetraDyne obtained $16 million in funding from Reliance Industries Ltd. (RIL).

Staqu

Staqu is a Gurgaon-based AI startup specializing in advanced image and video analysis, speech recognition, facial recognition, text processing, and language and text-independent speaker identification engine.

The core focus areas of Staqu include Deep Learning, NLP, Computer Vision, and image processing. Combining these innovative technologies together, Staqu aims to enhance a user’s mobile experience. The AI startup has developed a pioneering contextual content recommendation engine designed to provide in-platform and cross-platform recommendation facilities to smartphone companies while giving the users complete control of the platform too. Apart from a smart recommendation engine, Staqu also provides a robust security framework with fully-customizable facial and speech recognition features.

These are only five among the numerous AI startups that are rapidly transforming the AI scenario in India. As such innovative startups continue to rise and shine, it can be safely said that India’s future looks bright with AI!