Top 10 Indian Startups in Big Data
1. Heckyl Technologies
Founded Year: 2010
Location: Mumbai (India).
Heckyl provides a big data-based analytical platform for financial investors, traders, and researchers. It offers brokerage firms, short-term traders, investors, and fund managers the product “FIND,” a real-time news and data analytic platform. Its integrated solution with trading terminals provides traders with information, visuals, sentiment heat maps, and market data to help them find trading opportunities in the market. The firm covers Forex, commodities, over 15,000 publicly traded companies, a few hundred private companies, and startups, as well as the world’s top private equity players, hedge funds, fund managers, and venture capital firms. It intends to launch a Big Data mining platform for financial institutions and the hedge fund industry within the next few months. In March 2017, I was chosen to be a part of the Microsoft Accelerator batch.
2. Aureus
Founded Year: 2013
Location-Hartford City (United States), Mumbai (India).
Aureus offers big data analytics products to the BFSI industry. It offers insurance companies and banks predictive analytics and big data platforms. It enables users to build, publish, and run analytical models. The product includes features such as fraud analytics, detection, and prevention, AI-based behavior prediction, API integrations, real-time consumer insights, and so on.
3. CyborgIntell
Founded Year: 2018
Location: Bangalore (India).
An AI-powered platform that provides financial forecasting solutions to small businesses. It enables users to collect, process, and analyze data to gain actionable insights that aid in payment fraud, marketing campaign optimization, revenue management, and risk management solutions. To create predictive models, it employs automated machine learning and artificial intelligence technologies. It provides services to banking, retail, finance, healthcare, and other industries.
4. Vaultedge
Founded Year- 2015
Location– Bangalore (India)
Vaultedge is a program that searches a document database for relevant information. Allows for the automatic classification and tagging of documents stored in SharePoint, allowing for contextual searches. Enterprise search, contract analysis, data extraction, document classification, filtered search, and content management are among the features. AI is claimed to be used for contract search, data extraction, and error correction. Contracts are converted into text using OCR.
5. Finarkein Analytics
Founded Year– 2019
Location- Pune (India)
The platform for workflow orchestration and data analytics It is a data analytics firm that works with open data standards such as the account aggregator, Digi locker, and others. As data access expands across sectors such as agriculture, finance, and health, finarkein is creating a flywheel around these open digital ecosystems, allowing entrepreneurs and builders to hit the ground running by providing a cutting-edge data playground. Finarkein’s flagship product, flux, allows data professionals to create data-driven workflows that can be called APIs.
6. FrauShield
Founded Year– 2015
Location– Delhi (India)
FrauShield offers security software that detects fraudulent transactions and other threats automatically. By generating a FrauShield score, the solution analyses and determines whether a transaction is legitimate or not based on several data points. Other features include a centralized dashboard where merchants can review all of their transactions, real-time alerts for fraudulent transactions, and integration with existing merchant payment systems.
7. Cerrid Solutions
Founded Year– 2007
Location– Bangalore (India)
Carried Solutions provides a platform for big data analytics. It enables users to collect data, analyze and visualize data, and assists businesses in increasing productivity. Users can use it to deploy data, extract actionable insights from data, and manage big data solutions. It caters to CPG, retail, commercial banks, and investment management firms. Contract Sentinel, Chicago Booth, Antarctica Capital, and 400Capital are among the clients.
8. Advanced Risk Analytics
Founded Year– 2014
Location– Pune (India)
Advanced Risk Analytics offers insurers software solutions and services related to insurance risk. It provides a risk assessment framework, statistical modeling, and image processing solutions to assist insurers in identifying and quantifying risk.
9. Finfort
Founded Year- 2016
Location– Mumbai (India)
import InfoTech offers a complete data analytics platform. is the product offered by the company? It includes a data aggregation platform as well as an underwriting platform. Banks and financial institutions can use a data aggregation platform to validate loan applicants’ (individual and corporate) data such as identity, financials, employment, bank accounts, turnover, and supplier/creditor information.
10. Tataatsu Idealabs
Founded Year– 2011
Location– Bangalore (India)
Takamatsu Idealabs makes sense of unstructured data using artificial intelligence. CollabLayer, a SaaS solution for smart collaboration and insight discovery to boost individual and team effectiveness; Disquery, an NLP Analytics engine that helps efficiently make sense of unstructured data; and Seer, a SaaS-based solution for presenting news in a semantically enriched and contextually relevant manner, are among its products.
