Top AI Companies in Mumbai

Is Mumbai “THE” Place for AI Companies? Well, it happens to be because Mumbai is rapidly emerging as a pivotal center for innovation and artificial intelligence (AI). With a thriving ecosystem of AI companies in Mumbai, the city has become a hub for numerous startups and research institutions.

Are AI Companies booming in Mumbai? What is the growth rate of the AI industry in Mumbai? What are the key sectors driving AI development in Mumbai? 

This blog post exactly dives into that and the top AI companies in Mumbai, shedding light on those who are not just riding the AI wave but are also shaping the future of technology in one of the world’s most dynamic cities.

Top AI Companies in Mumbai

Here’s a list of service-based and product-based companies that offer AI job roles. Also, note that the companies listed below are shown randomly, and not ranked.

1. Persistent Systems

Persistent Systems is a well-known technology services company with a strong focus on AI and data analytics. It helps businesses leverage AI to optimize their processes and drive digital transformation. With a global presence, Persistent Systems has been instrumental in shaping AI-powered solutions for major clients, including IBM and Microsoft. The company offers hybrid working models and is recognized for its innovative cloud and analytics services.

Established & Headquarters: 1990, Pune, Maharashtra, India

Company Type: Service-Based

Products/Services:

• Application Development & Management
• Cloud & Infrastructure
• Consulting
• CX Transformation
• Data & Analytics
• Enterprise Integration

Top Clients:

• Microsoft
• IBM
• Cisco
• HP
• Salesforce

Awards & Recognition:

• Persistent Named a Leader in AWS Professional Services in the ISG Provider Lens™ AWS Ecosystem Partner Report US 2024

• Persistent and Monument Bank were honored with the Best Cloud Project in the Technology Sector at the Computing Cloud Excellence Awards 2024

Global Presence: North & Central America, Asia and Australia, Europe

Working Modes: Hybrid

Employee Strength: 10k+

Average Salary: 12-20 LPA

Overall Ratings: 3.7

Address: Tower C, Marol CHS Rd, Gamdevi, Marol, Andheri East, Mumbai, Maharashtra 400059

Career Link: https://careers.persistent.com/

2. LogiNext Solutions

LogiNext Solutions is a leader in AI-powered logistics and supply chain optimization. Founded in Mumbai, the company has expanded globally, providing solutions such as automated route planning, real-time tracking, and predictive analytics for major brands like KFC and Starbucks. LogiNext’s AI-driven logistics software enhances operational efficiency and helps businesses reduce costs. Its focus on innovation has earned it recognition, including breaking a Guinness World Record in AI hackathons.

Established & Headquarters: 2014, Mumbai, India

Company Type: Service-Based

Products:

• LogiNext Mile
• LogiNext Reverse
• LogiNext On-Demand
• LogiNext Haul
• LogiNext Driver app

Top Clients:

• KFC
• Starbucks
• McDonald’s
• SingaporePost 
• Decathlon 

Awards & Recognition:

• LogiNext Breaks Guinness World Record™ Previously Held By Google for The Largest Al Hackathon

• LogiNext Awarded with 2024 Global Recognition Award for Innovations in Logistics Technology

Global Presence: United States, Singapore, Indonesia, UAE

Working Modes: On-Site

Employee Strength: 201-500

Overall Ratings: 2.4

Address: Plant No. 6, Main Gate, Bus Depot, Godrej & Boyce, opposite Vikhroli, Vikhroli West, Mumbai, Maharashtra 400079

Career Link: https://loginext.hire.trakstar.com/

3. Gupshup

Gupshup is a conversational AI platform that enables businesses to engage customers through chatbots and messaging solutions. It is widely used by banks, e-commerce platforms, and enterprises to enhance customer interaction. The company has won multiple industry awards and continues to expand globally. Its hybrid work model and competitive salary packages make it an attractive employer for AI professionals.

Established & Headquarters: 2004, San Francisco, California

Company Type: Product-Based

Products/Services:

• Campaign Manager
• Bot Studio
• Agent Assist
• Conversational AI

Top Clients:

• Kotak Mahindra Bank
• IndusInd Bank
• HDFC Bank
• Ola
• Zomato

Awards & Recognition:

• GupShup has won STAB Success Award 2023 designed by G7 CR and Microsoft at the STAB Success Awards.
• Company won Partner of the Year Award in September, 2023.

Global Presence: Americas, Italy, Bangladesh, Dubai, Indonesia, Nigeria, Ghana

Working Modes: Hybrid

Employee Strength: 1k-5k

Average Salary: 16.2-19.8 LPA

Overall Ratings: 3.9

Address: 101, Silver Metropolis, Bimbisar Nagar Rd, Bimbisar Nagar, Goregaon, Mumbai, Maharashtra 400063

Career Link: https://www.gupshup.io/about/careers

4. Haptik

Haptik, a subsidiary of Reliance Jio, is a pioneer in AI-driven conversational solutions. It provides businesses with AI-powered virtual assistants for customer support, sales, and marketing automation. The company serves top clients like JioMart and SonyLiv. With a strong presence in the Asia Pacific and the US, Haptik continues to innovate in AI-powered customer engagement.

Established & Headquarters: 2013, Mumbai, Maharashtra, India

Company Type: product-Based

Products/Services:

• Contakt [Solutions]
• Interakt  [Solutions]
• Commerce  [Solutions]
• Marketing  [Solutions]
• Gen-AI Web Q&A [platform]
• Gen AI Sales Assistant  [platform]
• Smart Agent Chat  [platform]
• Intelligent Analytics  [platform]

Top Clients: 

• Jio Mart
• Nivea
• Coin DCX
• Sony Liv
• Netmeds

Awards & Recognition: 

• Jio Haptik Finishes Runner-Up in ‘AI Startup of the Year’ Category at SaaSBoomi Annual ’24

• Jio Haptik Secures Gold in Vendor Excellence Award at CX Asia Excellence Awards Singapore

Global Presence: United States, Asia Pacific

Working Modes: On-Site

Employee Strength: 201-500

Overall Ratings: 4.1

Address: 109, Damji Shamji Industrial Estate, 53, Off Veera Desai Rd, Andheri West, Mumbai, Maharashtra

Career Link: https://www.haptik.ai/careers

5. Datamatics Global Services

Datamatics is a leading player in AI and automation, offering solutions such as RPA (Robotic Process Automation), AI-powered business intelligence, and data analytics. Its AI products, including TruBot and TruBI, help businesses automate operations and gain deep insights. The company has a global reach, serving clients like Flipkart and Honeywell, and offers hybrid and on-site working options.

Established & Headquarters: 1975, Edison, New Jersey

Company Type: Service-Based

Products:

• TruBot
• TruCap+
• TruBI
• TruAI
• TruFare

Top Clients:

• Honeywell
• JDA
• OLA
• Flipkart
• Hike

Awards & Recognition:

• TATVA Award as “Best Service Provider” from ICICI Prudential Life Insurance for the year 2024
• Datamatics recognized amongst ‘Top 500 Value Creators 2023’ by Dun & Bradstreet

Global Presence: USA, Europe, Philippines, UAE

Working Modes: On-Site & Hybrid

Employee Strength: 5k-10k

Average Salary: 6.8-8.6 LPA

Overall Ratings: 3.5

Address: Unit 701 – 702, Tower 2, ++, Jogeshwari – Vikhroli Link Rd, Seepz, Andheri East, Mumbai, Maharashtra 400096

Career Link: https://www.datamatics.com/human-resources

6. Softlabs Group

Softlabs Group specializes in AI software development, providing tailored AI and ML solutions for startups and enterprises. Its expertise in AI-driven mobile app development and prototype creation has attracted international clients. With a strong presence in the US, UK, and Sweden, Softlabs is a key player in AI-driven digital transformation.

Established & Headquarters: 2003, Mumbai, Maharashtra

Company Type: Service-Based

Products/Services:

• Custom Software Development
• Artificial Intelligence Development
• Prototype Development
• Mobile App Development
• Software Product Development

Top Clients:

• Avestor
• OnePuttPro
• Birdi System, Inc.
• Beating the Odds
• Symbio Energy

Awards & Recognition:

• Softlabs Group is recognized by the Swiss-Indian Chamber of Commerce, affirming our dedication to Swiss-Indian business relations.

• Softlabs Group has achieved official DUNS registration, highlighting our commitment to global credibility and excellence

Global Presence:   USA, Sweden, UK 

Working Modes: Hybrid

Employee Strength: 51-200

Average Salary: 2.7-3.5 LPA

Overall Ratings: 4.3

Address : D Wing, Kamala City, 6th Floor, Trade World, Senapati Bapat Marg, next to World One, Towers, Lower Parel West, Mumbai, Maharashtra 400013

Career Link: https://www.softlabsgroup.com/careers

7. Qure.ai

Qure.ai is revolutionizing healthcare with AI-powered diagnostic solutions. The company’s AI models analyze medical images to assist doctors in detecting diseases more accurately and efficiently. Its solutions, such as Chest X-ray Reporting and Stroke Detection, are used by hospitals and healthcare providers worldwide. Qure.ai has received accolades for its innovative contributions to AI in healthcare.

Established & Headquarters: 2016, Mumbai, India

Company Type: product-Based

Products:

• Chest X-ray Reporting
• TB Care Cascades
• Lung Nodule Management
• Stroke & TBI
• MSK X-Ray Reporting
• Heart Failure
• Qure AI App

Top Clients:

• Strategic Radiology
• InHealth
• Medanta Medicity
• vRAD

Awards & Recognition:

• Qure.ai Honored with Siemens Healthineers Startup Award 2024 for Pioneering Healthcare AI Solutions

• Qure.ai wins Nvidia’s Social Innovation Award

Global Presence: USA &  UK

Working Modes: Hybrid

Employee Strength: 51-200

Average Salary: 22-30 LPA

Overall Ratings: 3.9

Address: 6th Floor, Wing E, Times Square, Andheri-Kurla Road, Marol, Andheri (East), Mumbai – 400059, Maharashtra

Career Link: https://career.qure.ai/jobs/Careers

Also Read: Top IT Companies in Mumbai

8. Decimal Point Analytics

Decimal Point Analytics specializes in AI-powered business intelligence and data analytics. It provides risk management and CRM solutions to financial institutions. The company has received recognition for its ESG (Environmental, Social, and Governance) AI solutions and is expanding its footprint in the global AI market.

Established & Headquarters: 2003, Mumbai, Maharashtra

Company Type: Service-Based

Products/Services:

• Data Solution
• Business Intelligence
• Artificial Intelligence
• Risk Management
• CRM Solution

Awards & Recognition:

• Decimal Point Analytics Wins Best ESG Solution at Canadian RegTech Awards 2023

• Oracle Global Leaders Recognizes Decimal Point Analytics As ISV Of The Year 2023

Global Presence: UK & USA

Working Modes: On-Site 

Employee Strength: 501-1k

Overall Ratings: 4.1

Address: 5A, B- Wing, Trade Star, Andheri – Kurla Rd, J B Nagar, Andheri East, Mumbai, Maharashtra 400059

Career Link: https://www.decimalpointanalytics.com/careers

9. Wissen Technology

Wissen Technology leverages AI and data analytics to develop innovative solutions in big data, business intelligence, and intelligent automation. With a strong presence in finance and technology sectors, the company is known for providing cutting-edge AI solutions that enhance efficiency and decision-making.

Established & Headquarters: 2015, Bangalore, Karnataka

Products/Services:

• Application Development
• Big Data & Analytics
• Visualization & BI
• Intelligent Automation
• InterviewNinja
• Intellisearch [Product]
• Docxtractor [product]
• Wissen IaC Accelerator [Product]

Global Presence: USA, CANADA, MEXICO, UK, AUSTRALIA, VIETNAM

Working Modes: Hybrid

Employee Strength: 1k-5k

Overall Ratings: 3.8

Address: Andheri – Kurla Rd, Gamdevi, Marol, Andheri East, Mumbai, Maharashtra 400059

Career Link: https://www.wissen.com/career/opportunities-wissen-technology

10. Exponentia.ai

Exponentia.ai harnesses the power of AI and data analytics to deliver innovative solutions in machine learning, data engineering, and intelligent automation. With a strong foothold across industries, the company specializes in AI-driven products that optimize business operations and enhance data-driven decision-making. Recognized for its expertise in advanced analytics, Exponentia.ai continues to drive digital transformation through cutting-edge AI solutions tailored for global enterprises.

Established & Headquarters: 2014, Mumbai, Maharashtra, India

Company Type: Service-Based

Products/Services:

• AI & ML
• Analytics & AI Solutions
• Data Engineering
• OneTap[Product]
• AIXponent[Product]

Awards & Recognition: 

• Top 10 Data Science companies in Mumbai – 2022 by Analytics Insights

• Databricks APJ Partner Awards – 2023

Global Presence: UK, US, Singapore

Working Modes: On-Site

Employee Strength: 201-500

Average Salary: 11.7- 15 LPA

Overall Ratings: 4.5

Address : 1207, Damji Shamji Business Galleria, Lal Bahadur Shastri Marg, Ambedkar Nagar, Kanjurmarg West, Bhandup West, Mumbai, Maharashtra 400078

Career Link: https://careers.exponentia.ai/exponentia/

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Final Words

In conclusion, Mumbai’s rising prominence as a hub for AI companies is undeniable. With its strong tech ecosystem, diverse industries driving AI advancements, and an ever-growing number of top AI companies, the city stands as a prime destination for innovation. The growth rate of the AI industry in Mumbai reflects the city’s potential to be a global leader in this space. For AI companies seeking opportunities, Mumbai offers the perfect blend of talent, infrastructure, and business potential, making it an ideal city for shaping the future of artificial intelligence. Mumbai is truly becoming the go-to place for AI-driven innovation.

Frequently Asked Questions