VectorX DB Named a Winner at NASSCOM Deeptech Emerge 50 Awards 2024 (GenAI Category)

VectorX DB, an Indian GenAI infrastructure startup offering a secure and high-performance vector database platform, is proud to announce that it has been selected as a winner in the Gen AI category of the Deeptech NASSCOM Emerge 50 Awards 2024. This prestigious recognition by NASSCOM (National Association of Software and Services Companies) positions VectorX DB as an award-winning vector database startup at the forefront of India’s generative AI (GenAI) innovation. The honor underscores the company’s excellence in GenAI infrastructure and validates its unique approach to combining top-tier performance with enterprise-grade data security for AI applications.

VectorX DB’s official certificate from NASSCOM confirms its selection as a Deeptech Emerge 50 Awards 2024 winner in the GenAI category. This honor highlights VectorX DB’s innovative contributions to India’s GenAI startup landscape and provides strong industry validation of its technology.

Pioneering Innovation in GenAI Infrastructure

VectorX DB has been recognized for its innovation in GenAI infrastructure particularly for how it reimagines vector database performance without sacrificing security or cost-efficiency. As a security-first vector database purpose-built for AI, it is the world’s first vector DB with queryable encryption, allowing organizations to search and retrieve data on encrypted embeddings with no performance trade-off. This means sensitive data remains protected at-rest, in-transit, and in-memory even while executing lightning-fast queries. According to an industry analysis, VectorX DB’s platform delivers on “three big differentiators”: a security-first architecture with performance at scale, Queryable Encryption that keeps data secure during searches, and blazing-fast, cost-efficient vector queries. In practice, these differentiators translate into a GenAI database that protects data like a fortress while delivering sub-millisecond speeds, addressing a critical need for enterprises adopting AI.

Importantly, VectorX DB’s technical advantages set it apart from conventional solutions. The platform leverages a proprietary hybrid memory management approach that drastically reduces infrastructure requirements – needing only about one-tenth the memory of leading vector databases, which yields up to 90% infrastructure cost savings for vector search workloads. At the same time, VectorX DB achieves best-in-class performance on key benchmarks, sustaining over 1000 queries per second with 99%+ recall accuracy, and delivering query latencies under 10 milliseconds at P99 (even for the tail end of response times). These metrics reflect a level of high performance (consistent sub-10ms retrieval) and accuracy (virtually all relevant results returned) that is critical for GenAI applications. By combining homomorphic-like encryption techniques with optimized approximate nearest neighbor (ANN) search, VectorX DB ensures that enterprises get secure, efficient, and precise AI query results without compromising speed or scalability. In short, VectorX DB is redefining GenAI infrastructure by proving that top-notch security and top-tier performance can indeed go hand in hand.

Significance of the NASSCOM Emerge 50 Recognition

Being named an Emerge 50 winner in the GenAI category is a significant milestone for VectorX DB and a strong endorsement from India’s tech industry leadership. The NASSCOM Emerge 50 Awards are widely regarded as one of India’s most prestigious platforms for recognizing innovative deep-tech startups. Each year, NASSCOM spotlights the country’s most groundbreaking young companies that are leveraging technology to solve real-world problems and drive the industry forward. Emerge 50 honorees represent the cutting edge of innovation across domains, and this year’s focus on Generative AI highlights the crucial role of AI infrastructure like VectorX DB in powering next-generation applications.

For VectorX DB, this award serves as an independent validation of its technology and vision. It sends a clear message that secure and high-performance vector database solutions are vital in the GenAI era – and that VectorX DB is leading the charge. The recognition reinforces the confidence that early customers and partners have placed in the platform, and assures prospective users that VectorX DB has been vetted among the “best GenAI infrastructure platforms” in the country. As NASSCOM’s Deeptech jury identified, the platform’s breakthrough approach to encrypted vector search addresses a pressing industry need, which ultimately benefits all stakeholders of VectorX DB.

Impact for Customers, Partners, and the Ecosystem

This accolade is not just a trophy on the shelf for VectorX DB’s team – it carries meaningful implications for our users, collaborators, and the broader AI community:

· Customers: Existing and future customers can trust that they are adopting an award-winning GenAI platform recognized for technical excellence. The NASSCOM honor affirms that VectorX DB’s secure, high-performance database has been rigorously evaluated and deemed a top-tier solution. This translates to greater peace of mind and competitive advantage for customers building AI products on VectorX DB – they can confidently claim they’re using one of the best GenAI infrastructure platforms available, backed by industry validation. Moreover, the platform’s proven 90% cost savings and sub-10ms latency mean customers can achieve enterprise-scale AI performance more affordably, accelerating their time-to-value in AI projects.

· Partners: For technology and go-to-market partners, VectorX DB’s Emerge 50 win is a powerful credibility boost. Partnering with an officially recognized innovator in the Indian deep-tech ecosystem opens doors to joint opportunities. It assures partners that VectorX DB’s capabilities are not only innovative but also trusted by one of the industry’s leading bodies. This recognition can strengthen co-selling, integrations, and collaborations, as partners can confidently introduce VectorX DB as an award-winning vector database startup delivering tangible benefits (such as secure ANN search and enterprise-grade encryption) to end-clients. It also signals the company’s stability and leadership, encouraging deeper strategic alliances.

· Indian GenAI Ecosystem: VectorX DB’s success shines a spotlight on Indian GenAI innovation on the global stage. As a homegrown startup out of Bengaluru, being selected in NASSCOM’s Emerge 50 underscores the world-class innovation coming from India’s AI startup ecosystem. This recognition helps validate the broader ecosystem’s maturity – showing that Indian startups are building foundational GenAI technologies (like vector databases with encryption) that compete with the best globally. It inspires confidence among investors, enterprise adopters, and aspiring entrepreneurs that India’s deep-tech companies can tackle hard problems (such as data privacy in AI) and excel. VectorX DB is proud to contribute to this narrative, demonstrating that cutting-edge R&D in AI infrastructure is thriving in India. We hope our achievement motivates other startups in the AI and data infrastructure space to push boundaries, collaborate, and continue positioning India as a global tech innovator.

Experience VectorX DB’s Award-Winning Platform

With this new recognition fueling our momentum, we invite you to experience VectorX DB for yourself. The platform is available through a free tier for new users – allowing teams to test its secure vector search capabilities and lightning-fast performance on their own data with no upfront cost. Getting started is simple (no credit card required), and our documentation and support engineers are ready to help you harness VectorX DB’s features for your use case.

Whether you’re building an enterprise retrieval-augmented generation system, a semantic search engine, or any AI application that needs a secure and high-performance vector database, VectorX DB stands ready to accelerate your journey. Try our free tier today, and discover why VectorX DB is an award-winning GenAI infrastructure platform that can empower your AI initiatives. Visit our website to sign up or learn more about our technology and solutions. We’re excited to see what you will build on VectorX DB – and we remain committed to pushing the boundaries of GenAI infrastructure as we embark on this next chapter as a NASSCOM Emerge 50 award winner.

Thank you to NASSCOM for this honor, to our customers and partners for believing in us, and to the vibrant community of innovators in India’s AI ecosystem. This recognition strengthens our resolve to continue delivering cost-efficient, high-performance, and secure vector database solutions that power the future of AI. We look forward to your continued support and to reaching new heights together in the journey ahead.