An Artificial Intelligence start-up from Mumbai Arya.ai has been picked by Paris & Co, a French innovation agency, as one of 21 companies globally that do standout innovations.
An alumnus of Venture Nursery, India’s angel-backed start-up accelerator, Arya.ai, provides advanced Artificial Intelligence (AI) tools that developers can use to build robots that can assist professionals from different fields in their tasks. The AI tools are offered as modules using ‘Language’, ‘Vision’ and ‘Dialogues’ which developers can assemble to give relevant knowledge to the machine to learn.
This is the only Indian start up to feature in the coveted International Innovators list, which was drawn up following an international competition announced the press release.
The competition, held in conjunction with the City of Paris’ Grands Prix de l’Innovation, invited start-ups from all over the world to submit distinctively innovative projects, regardless of the sector in which they specialise.
For the second edition of iiAwards, the economic development and innovation agency of Paris, joined hands with incubator 50Partners and three major organisations: Aéroports de Paris, Johnson & Johnson and Total.
Apart from Arya.ai, other foreign finalists include two start-ups from the United States, one from Sweden, three from England (London), two from Germany (Berlin), one from the Netherlands (Amsterdam) and one from Spain in addition to 10 French start-ups.
“We are excited to be in the global top innovators listing from India,” said Vinay Kumar, Founder of Arya.ai. “We believe strong Artificial Intelligence (AI) can solve many of the information problems people face in their professions.”
Arya.ai’s platform has a multi-tasking ability and uses complex deep learning algorithms to develop general artificial intelligence systems that can adapt and learn with minimal inputs from humans. By using more general AI rather than rule-based narrow AI, Arya.ai can start assisting humans in making more effective decisions faster.
‘India’s only angel backed accelerator, VentureNursery, co-founder, Ravi Kiran said, “VentureNursery’s obsessive focus during acceleration has helped these start-ups take pole position.”
This is the second global recognition for the company in the past six months. In June 2015, Arya.ai was named as the top 4 next generation technology start-up at ‘Silicon Valley Forum’ held at Microsoft’s US campus.