Top AI Stocks in India

1. Top
AI Stocks
in India

2. The world is changing at an unprecedented rate and most of these
changes can be attributed to the rapid technological progress being
made by humans. Progress in the fields of Artificial Intelligence and
Machine Learning has been crucial for making our lives more
convenient and better
. In order to keep up with this technological
progress, the Indian governmenthas increased its investment in Digital
India to boost Artificial Intelligence, big data, IoT
, machine learning,
robotics, and cybersecurity. This has madeit lucrative for investors and
analysts to look toward the top AI stocks in India for investments.

3. whatisartificalintelligence?
whatareitsapplications?
GroupB 2
Table Of Content
Kellton Tech Solutions Ltd
List of 10 Top AI Stocks in India -
Tata Elxsi Ltd
Bosch Ltd
Oracle Financial ServicesSoftware
Ltd
Persistent Systems Ltd
Affle India Ltd.
Happiest Minds TechnologiesLtd
Cyient Ltd
Zensar Technologies Ltd
Saksoft Ltd

4. What is Artificial Intelligence? What are its
applications?
Artificial Intelligence is a system that is capable of performing tasks much faster and with greater accuracy without human
intervention. These AI systems are smarter than the average human and can take decisions on their behalf, eliminating
human error and saving time and money. The use of these systems in businesses can increase their efficiency and lead to
higher profitability.
While AI might sound like a futuristic concept, we are already living in a world where AI is being used widely for various
functions. Some examples of AI applications in our day-to-day life are Siri, Google Assistants, Alexa, conversational bots,
self-driving cars, email spam filters, Robo-advisors, OTT platform recommendations, drones, Metaverse equipment, etc.
Furthermore, AI is also being used in healthcare systems, education, financial services, entertainment, etc.
Currently, Japan is the biggest robot manufacturer in the world with a robot export ratio that rose to 78% in 2020, with the
USA being the biggest importer. The US government has committed nearly 6 Billion Dollars to Artificial Intelligence
research and development projects in 2021. European countries are all set to increase their spending on artificial
intelligence by 33%between 2020 and 2023.
The Indian Government aims to employ AI and robotics technology for biometric identification, traffic and crowd
management, criminal investigations, digital agriculture, strengthening defence, women’s safety, etc. The aim is to make e-
education, e-health and e-banking more accessible to all citizens of the country.

5. Top AI Stocks in India

6. Tata Elxsi Ltd. is among the top AI companies in India since it has been
working in this field for the last 25 years or so. It has created unique
solutions and systems for numerous applications that range from video
analytics to self-driving cars. Cognitive Video Services Framework is one of
the biggest AI systems offered by Tata Elxsi. It helps in suggesting new
revenue models, personalizing content for users, automating the content
analysis, etc. Tata Elxsi also offers solutions like video summaries, scene and
actor recognition, automatic subtitle generation, filtering objectionable
content, and content metrics for Ad Analytics for OTT platforms. It has also
been working on IoT (Internet of Things) enabled products and services as
well as on Metaverse.
Tata Elxsi Ltd

7. Bosch Ltd., 2017, started developing Artificial Intelligence solutions for its
various products & services. Being a market leader in automotive and
industrial technology, Bosch applies its AI solutions to manufacturing, supply
chain management, engineering, and electric vehicles. Its AI strategies have
been implemented in more than 185 projects across India, Israel, the US,
China, and Germany. It conducts AI research on real-time data collected from
various business departments.
Bosch has declared that all of its products will be manufactured with AI or
use AI by the year 2025.
Bosch Ltd

8. Oracle Financial Services Software Ltd. has built Artificial Intelligence and data-
driven cloud applications. These are used for improving customer experience and
saving time and money through accelerated processing. In the finance field, these
AI applications can be used to optimize cash flows, automate payables and
receivables, and manage procurement and inventory.
It also helps sales personnel to recognize opportunities with the highest
probabilities. It enhances HR operations by assessing the quality of prospective
candidates and improving employee engagement. Human error is minimized by
using AI across different departments of thebusiness.
Oracle Financial Services Software
Ltd

9. Affle India Ltd. was founded in 2006 and is a global technology company that
focuses on providing end-to-end solutions through AI for App Marketing. They
help with consumer acquisition, engagement, and transactions through relevant
mobile advertisements.
Marketing attribution, transactional data, and behavioural signals collected
through user data are analysed by the AI to predict users’ interests. This helps
them to direct ads to the relevant target audience and to elevate ad content
and user experience. Affle holds patents related to voice-based intelligence,
digital advertising, and fraud detection.
Affle India Ltd

10. Persistent Systems Ltd. was founded in Pune in 1993 and offers scalable and
secure mobile networking capability to its clients. The company makes use of
Artificial Intelligence to aid businesses in improving and scaling their
operations, designing platform architecture and prioritizing cases. Modern
Wave Relay MANET technology is used for this purpose.
The company has shown good financial performance and is a lucrative
investment in the AI Industry.
Persistent Systems Ltd

11. Happiest Minds Technologies Ltd. provides data mining, predictive analysis,
deep learning, and statistical modelling solutions. It is the top ai stocks in India
that made large investments in Artificial Intelligence and machine learning. It is
the market leader in video analytics and processing with expertise in image
tagging, person tracking, face detection, and objectidentification.
It uses Artificial Intelligence for video analytics, image analytics, language
processing, AR (Augmented Reality) and VR (Virtual Reality). Besides Artificial
Intelligence, it also offers services related to IoT (Internet of Things), cloud,
blockchain robotics/drones, etc. It was listed on the stock exchange in
September 2020.
Happiest Minds Technologies Ltd

12. Zensar Technologies Ltd. first ventured into the Artificial Intelligence space in
August 2019. It launched platforms for value creation for customers in seven
core areas: marketing, sales, IT, human resources, talent supply chain,
programs, projects, and collaboration. It has developed deep learning-based
solutions for the manufacturing, retail, and BFSI sectors. Its AI carries out
better demand forecasting for products by using real-world data and
historical sales data.
The company is investing in natural language processing, IoT (Internet of
Things), new and exponential technology (NeXT), and blockchain. Zensar
AIRLabs, the company’s R&D division, has filed for a hundred patents in the
last two years.
Zensar Technologies Ltd

13. Saksoft Ltd., an information technology company founded in 1999, provides digital transformation solutions
in the Asia Pacific, USA, and Europe. The company offers services in software product engineering, quality
assessment, testing, support, advisory and consulting, training, and extended software delivery facility.
It serves FinTech, telecommunication, public, retail, healthcare, e-commerce, and logistics and
transportation sectors.
It provides intelligent automation solutions, including data analytics, robotics process automation, machine
learning/artificial intelligence, IoT (Internet of Things), and test automation; modernization solutions, such as
cloud enablement, architecture design, and application integration; and managed analytics solutions
comprising data science and reporting/scripting solutions.
Furthermore, the company offers managed infrastructure solutions, such as cloud support services, IT
infrastructure operations, IT infrastructure monitoring operations, application and DB operations, and
consulting and implementations.
Saksoft Ltd

14. Kellton Tech Solutions Ltd. is a small cap artificial intelligence company. It focuses on digital
commerce and marketing, digital transformation, technology consulting and testing, software
development, platform and product development, ERP, etc. It operates in India, Asia Pacific,
the US, and Europe. The company has developed platforms to help clients with their digital
transformation. Kellton Tech serves clients ranging from startups to Fortune 500 companies
across various sectors. The key startups it has been associated with include Snapdeal,
Flipkart, Yebhi, Jabong, Paytm, PolicyBazaar, and MakeMyTrip.
Above we have listed the top AI companies to invest in. These are lucrative for investors that
wish to make investments in the technology of the future. The AI and robotics sector in India is
expected to skyrocket to USD 957 Billion by the year 2035. This would be equivalent to nearly
15% of India’s GDP in 2035. Investing in the top AI stocks in India is the logical step for anyone
looking to grow their wealth.
Kellton Tech Solutions Ltd

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