Top AI Stocks in India

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Top AI Stocks in India
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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 government
has increased its investment in Digital India to
boost Artificial Intelligence, big data, IoT,
machine learning, robotics, and cybersecurity.
This has made it lucrative for investors and
analysts to look toward the top AI stocks in
India for investments.
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Table Of Content
what is artifical intelligence ? what are its
applications ?

• List of 10 Top AI Stocks in India -
• Tata Elxsi Ltd Bosch Ltd
• Oracle Financial Services Software Ltd
• Persistent Systems Ltd Affle India Ltd.
• Happiest Minds Technologies Ltd Cyient Ltd
• Zensar Technologies Ltd Saksoft Ltd

Kellton Tech Solutions Ltd
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Group B
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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, womens safety, etc. The
aim is to make e- education, e-health and
e-banking more accessible to all citizens of the
country.
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Top AI Stocks in India
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Tata Elxsi Ltd
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.
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Bosch Ltd
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.
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Oracle Financial Services Software Ltd
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 the business.
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Affle India Ltd
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.
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Persistent Systems Ltd
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.
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Happiest Minds Technologies Ltd
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 object
identification. 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.
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Zensar Technologies Ltd
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 companys RD
division, has filed for a hundred patents in the
last two years.
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Saksoft Ltd
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.
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Kellton Tech Solutions Ltd
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
Indias GDP in 2035. Investing in the top AI
stocks in India is the logical step for anyone
looking to grow their wealth.
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