India has become one of the fastest-growing markets for artificial intelligence. In 2026, the AI space in India is booming like never before. As per reports, Indian AI startups raised close to $3.94 billion in just the first quarter of 2026, which is almost six times that of the whole of 2025.
New AI unicorns are coming up and old players are growing bigger. So many people are searching to know which are the top AI companies in India right now.
Here we have made a list of the top 10 AI companies in India in 2026, ranked based on their valuation. We have covered what each company does, where they are based and who is behind them. Check out the full list below.
Note: All valuations are based on the latest available reports and funding rounds as of 2026. Actual figures may change with new funding.
Top 10 AI Companies in India 2026
| Rank | Company | Reported Valuation (2026) | Category | Based In |
|---|---|---|---|---|
| 1 | Innovaccer | ~$3.2 Billion | Healthcare AI | San Francisco / Noida |
| 2 | Uniphore | ~$2.5 Billion | Conversational AI | Palo Alto / Chennai |
| 3 | Fractal Analytics | ~$2 Billion | Enterprise AI & Analytics | Mumbai |
| 4 | Sarvam AI | ~$1.5 Billion | Sovereign LLM | Bengaluru |
| 5 | Krutrim | ~$1.5 Billion | Full-stack AI | Bengaluru |
| 6 | Neysa | ~$1.2 Billion | AI Cloud Infrastructure | Mumbai |
| 7 | Observe.AI | ~$1.1 Billion | Contact Center AI | Bengaluru / San Francisco |
| 8 | Kore.ai | ~$1 Billion | Enterprise Conversational AI | Hyderabad / Orlando |
| 9 | Yellow.ai | ~$1 Billion | Customer Service AI | Bengaluru |
| 10 | Qure.ai | ~$600 Million | Medical Imaging AI | Mumbai |
1. Innovaccer
- Founded in: 2014
- Product/Service: Healthcare data and AI platform
- Key People: Abhinav Shashank, Kanav Hasija, Sandeep Gupta
- Estimated Valuation (2026): ~$3.2 Billion
- Website: innovaccer.com
Innovaccer is one of the most valued AI companies with Indian roots. It works in the healthcare AI space and helps hospitals and doctors to bring all their patient data into one place.
Using AI, it helps in better patient care and faster decisions. The company has a big team working out of Noida along with its US offices.
2. Uniphore
- Founded in: 2008
- Product/Service: Conversational AI and customer service automation
- Key People: Umesh Sachdev, Ravi Saraogi
- Estimated Valuation (2026): ~$2.5 Billion
- Website: uniphore.com
Uniphore is a leading conversational AI company that started in Chennai. It builds AI that helps companies to handle their customer calls and support in a better way.
Its voice and multimodal AI is used by many large enterprises to manage high volume customer interactions. The company has raised close to $985 million till now.
3. Fractal Analytics
- Founded in: 2000
- Product/Service: Enterprise AI, data analytics and decision science
- Key People: Srikanth Velamakanni, Pranay Agrawal
- Estimated Valuation (2026): ~$2 Billion
- Website: fractal.ai
Fractal Analytics is one of the oldest and most trusted AI companies from India. Based in Mumbai, Fractal helps big global brands to take better decisions using AI and data analytics.
Many Fortune 500 companies are their clients. It is also one of the few Indian AI unicorns that turned profitable.
4. Sarvam AI
- Founded in: 2023
- Product/Service: Sovereign large language models for Indian languages
- Key People: Vivek Raghavan, Pratyush Kumar
- Estimated Valuation (2026): ~$1.5 Billion
- Website: sarvam.ai
Sarvam AI is one of the most talked about AI startups in India right now. It became a unicorn in 2026. The company is building India’s own large language models that work well for Indian languages and Indian context.
It has raised funds from top investors like Lightspeed, Peak XV and Khosla Ventures. Sarvam is a key part of India’s push to build its own AI.
5. Krutrim
- Founded in: 2023
- Product/Service: Full-stack AI – models, chips and cloud infrastructure
- Key People: Bhavish Aggarwal
- Estimated Valuation (2026): ~$1.5 Billion
- Website: krutrim.com
Krutrim is known as India’s first AI unicorn. It was started by Bhavish Aggarwal, the founder of Ola. The company is building a full-stack AI setup, which means it works on AI models, chips and computing, all on its own.
Krutrim launched its own model Krutrim-2, trained on more than 2 trillion tokens. In 2026 it also reported its first annual profit.
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6. Neysa
- Founded in: 2023
- Product/Service: AI cloud and computing infrastructure
- Key People: Sharad Sanghi, Anindya Das
- Estimated Valuation (2026): ~$1.2 Billion
- Website: neysa.ai
Neysa is a fast rising AI infrastructure company based in Mumbai. It became a unicorn within a very short time of starting.
Neysa provides AI cloud and computing power, so that other startups and companies can build and run their AI models easily and at a lower cost. In a time when everyone needs GPUs to run AI, Neysa is solving a very important problem.
7. Observe.AI
- Founded in: 2017
- Product/Service: Contact center AI and agent assist
- Key People: Swapnil Jain, Akash Singh, Sharath Keshava Narayana
- Estimated Valuation (2026): ~$1.1 Billion
- Website: observe.ai
Observe.AI is a contact center AI company with a big team in Bengaluru. The company builds AI that listens to customer support calls and helps agents to perform better.
Its own AI model helps in understanding conversations and giving live support to agents. It is used by many companies to improve their customer service.
8. Kore.ai
- Founded in: 2013
- Product/Service: Enterprise conversational AI and AI agents
- Key People: Raj Koneru
- Estimated Valuation (2026): ~$1 Billion
- Website: kore.ai
Kore.ai is an enterprise conversational AI company with strong Indian roots, mostly operating from Hyderabad. It helps large companies to build AI chatbots and voice assistants for their customer service and internal work.
Its platform is used across many industries like banking, healthcare and retail. With the growing demand for AI agents, Kore.ai is in a good position in the market.
9. Yellow.ai
- Founded in: 2016
- Product/Service: Customer service automation with AI agents
- Key People: Raghu Ravinutala, Rashid Khan, Jaya Kishore Reddy
- Estimated Valuation (2026): ~$1 Billion
- Website: yellow.ai
Yellow.ai is a Bengaluru based AI company that automates customer support for businesses. It builds AI agents and chatbots that can talk to customers in many languages, across chat, voice and other channels.
Many enterprises use Yellow.ai to reduce their support cost and to give faster replies. It is one of the popular AI startups from India in the customer experience space.
10. Qure.ai
- Founded in: 2016
- Product/Service: Medical imaging AI for X-rays and CT scans
- Key People: Prashant Warier, Pooja Rao
- Estimated Valuation (2026): ~$600 Million
- Website: qure.ai
Qure.ai is a healthcare AI company from Mumbai that works in medical imaging. It uses AI to read X-rays, CT scans and other medical images, which helps doctors to find diseases faster and earlier.
Its technology is used in many countries, mostly in places where there is a shortage of doctors. Qure.ai is a good example of how Indian AI is solving real world health problems.
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How Are These AI Companies Valued?
The valuation of an AI company is mostly decided during its funding rounds. When investors put money into a company, they agree on a certain value for the full company, and that becomes its valuation.
For AI companies, investors also look at the technology, the founding team, the revenue and the future growth. This is why some AI startups reach billion dollar valuation even in a few years.
But we should remember that valuation is not the same as profit. It shows how much investors believe in the company’s future.
Frequently Asked Questions (FAQ)
Which is the No.1 AI company in India in 2026?
Based on valuation, Innovaccer is among the most valued AI companies with Indian roots, with a reported valuation of around $3.2 billion. Uniphore also stands very high at around $2.5 billion.
Which is India’s first AI unicorn?
Krutrim, founded by Bhavish Aggarwal, is known as India’s first AI unicorn after it crossed the $1 billion valuation mark.
What is Sarvam AI known for?
Sarvam AI is known for building India’s own sovereign large language models that are made for Indian languages and Indian users. It became a unicorn in 2026.
Are these AI companies fully Indian?
Most of these companies are founded by Indians and have large teams in India. Some like Innovaccer, Uniphore and Kore.ai also have their offices in the US, but their roots and a big part of their operations are in India.
Why is AI growing so fast in India?
India has a large pool of tech talent, strong startup support and growing demand for AI. In 2026, Indian AI startups raised record funding, which shows the strong interest from investors.
Final Words
The AI industry in India is growing at a very fast speed in 2026. From healthcare to customer service to language models, Indian AI companies are working in many important areas.
Companies like Innovaccer, Uniphore, Sarvam and Krutrim are leading the way with their high valuation and strong technology. In the coming years, we can expect many more Indian AI startups to join this list.
If you are planning to build or use AI for your business, this is the right time to keep an eye on these top companies.