LG G Watch is available for purchase at a price of Rs 14,999 with deliveries starting July 8. The watch is available in Black Titan and White Gold colours.
Samsung Gear Live is also listed at Rs 15,900 with a 'coming soon' tag.
Samsung's Gear Live and LG's G Watch are the first devices to adopt the new Google software specifically designed for wearables.
The smartwatches are equipped with Google's voice recognition service and can perform simple tasks including checking email, sending text messages and carrying out an online search at users' voice command.
The two devices cannot make phone calls by themselves but can be connected to many of the latest Android-based smartphones, the South Korean companies said in separate statements.
LG G Watch is available online for pre-order in 12 countries including the United States, France and Japan. It will be available in 27 additional markets including Brazil and Russia in early July.
Samsung introduced its Android-based Galaxy Gear smartwatch last year but it was given a lukewarm reception by consumers.
The second edition, Gear 2, was unveiled in February and based on Samsung's own Tizen softwear in a move to break free of its heavy reliance on Google's Android platform.
Samsung's arch rival Apple is believed to be set to launch its own smartwatch soon, while Google is moving towards a wide consumer launch of its eyewear Google Glass later this year.
Chinese smartphone maker Huawei also unveiled a connected watch called TalkBand.
Global smartwatch sales are expected to grow this year by more than 500% from 1.9 million units in 2013, according to the market researcher Strategic Analytics.
With Agency Inputs
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