Artificial intelligence is no longer something we read about; it has become a reality. It has become an integral part of both personal and professional life in India. From apps that talk like humans to tools that help healthcare experts diagnose faster or businesses understand customers well, AI is everywhere. The best part is that most of these innovations are happening right here, at home.
Over the past few years, India has witnessed a significant growth in AI-centric companies. Some are creating smart automation tools, some are shaping the future of healthcare & finances, and a few others are helping brands use data in a meaningful manner. But their objective remains the same – creating practical solutions for real-world problems. Below, we’re highlighting some of the top AI companies in India that are making a serious impact. You’ll see what they do, who they help, and a quick glimpse at their background.
Whether you’re leveraging AI for your business set-up, searching for career inspiration, or being curious about what’s happening in the tech landscape, this list will provide you with a simple view of the leaders moving India forward in AI.
1. Persistent Systems Ltd – Market Cap: Rs . 40,000+ Crore

Persistent Systems is a trusted name in the digital engineering and AI solutions sector in India, where this company works on modernising enterprises with the use of AI tools, cloud, and automation. Persistent Systems helps through automation, where it uses AI for improving decision-making, predicting customer needs, and optimizing operations. In the current date, this company serves in healthcare, banking, and telecommunications. The AI-driven platforms also help in research, where this company also partners with global tech giants to stay ahead of competitors.
2. Tata Elxsi Ltd – Market Cap: Rs . 50,000+ Crore

Tata Elxsi is a part of the Tata Group and is known for blending creativity with technology. It provides AI-based design and engineering solutions to industries like automotive, media, healthcare, and transportation. This company has a market cap of more than 50,000 crores, which makes it the second biggest AI company in India. The AI-driven application helps in developing autonomous driving systems, smart TVs, and advanced robotics. Even the AI tools help in building safer and more efficient products.
3. KPIT Technologies Ltd – Market Cap: Rs . 32,000+ Crore

If there is a company that leads in the AI game in the Automotive sector, then it is none other than KPIT Technologies. This firm has a strong positioning and demand with its core focus on software for connected vehicles, autonomous driving, and electric mobility. To build all this, there is a huge need for machine learning programs and artificial intelligence. With the use of AI, KPIT is creating smarter, safer, and greener transportation systems for the whole world.
4. Oracle Financial Services Software Ltd – Market Cap: Rs . 32,000+ Crore

With 32,000+ crores in valuation, Oracle Financial Services Software Ltd holds the fourth position in our list. All this became possible through their major contribution to banking technology. OFSS is a subsidiary of Oracle Corporation, and it uses AI and analytics to help financial institutions, banks, NBFCs, and similar firms around the world. With smart fraud detection, regulatory compliance, and advanced analytics, Oracle has successfully built its products using Artificial Intelligence.
5. Affle (India) Ltd – Market Cap: Rs . 27,000+ Crore

Affle is a digital advertising company that focuses on building AI and data analytics. The company has built a strong presence through AI-powered platforms that track users’ behaviour and deliver personalized ads across apps and websites. This company uses machine learning systems, which help in ensuring higher brand engagement, along with targeting the right audience. The core target of Affle India Limited is to drive more sales through personalized targeted ads using AI and machine learning.
6. Intellect Design Arena Ltd – Market Cap: Rs . 14,000+ Crore

Intellect Design Arena is a Chennai-based technology company that focuses on AI-powered banking and financial infrastructure, where it develops intelligent systems for various purposes. The key programs developed through AI integration by this company are for risk analysis, compliance, and customer experience. The use of AI and machine learning also helps in predicting fraud, assessing credit risk, and personalising financial services. The company’s innovative solutions, like iGTB (Global Transaction Banking) and iTurmeric, bring automation to complex financial operations.
7. Zensar Technologies Ltd – Market Cap: Rs . 13,000+ Crore (Unofficial Valuation)

Zensar Technologies is a leading IT services and consulting company that offers end-to-end digital transformation services. It uses artificial intelligence and machine learning to automate workflows, manage data, and enhance customer experience. This company reached a market cap of Rs. 13,000 crores with a core focus on predicting market trends, managing supply chains, and improving business outcomes. The strong presence in North America, Europe, and the Asia Pacific has allowed this company to deliver global-scale AI projects.
8. Fractal Analytics – Estimated Valuation: Rs. 5000+ Crores

Fractal Analytics is a pure-play AI and data science company based in Mumbai. It helps large enterprises make smarter, data-driven decisions through analytics and machine learning. Its services include AI strategy, cloud data solutions, computer vision, and predictive analytics. Fractal’s products, such as Qure.ai (for medical imaging) and Eugenie.ai (for industrial analytics), have gained global recognition.
9. Haptik Technologies – Estimated Valuation: Rs. 1000+ Crore
Haptik Technologies, now a part of the Reliance Jio group, is one of India’s top conversational AI companies. It builds chatbots and virtual assistants for businesses, helping them automate customer support and engagement. Haptik’s multilingual AI assistants are used by leading brands, government departments, and telecom companies. Its technology supports both voice and text-based interactions, improving accessibility for users across India.
10. Tagbin – Estimated Valuation: Rs. 500 Crore
Tagbin is a new name in the Indian AI world where this company focuses on smart governance and experiential technologies. The use of AI and computer vision through generative AI to design digital experiences is the core business. Tagbin provides solutions to government institutions, and the AI is developed for citizen engagement, museum technology, and digital storytelling.
Bottom Line
Artificial Intelligence is revolutionising India’s technology landscape. From established IT leaders like Persistent Systems and Tata Elxsi to innovative startups like Haptik and Tagbin, each company is contributing uniquely to the nation’s AI growth.