Sachin Dev Duggal Entrepreneur of Builder.ai raises Series A of $29.5 Million

Led by serial entrepreneur Sachin Dev Duggal, Builder.ai will use 65 percent of the fresh capital for engineering and rest for customer acquisition.
Builder.ai, the human-assisted AI that helps companies build and operate custom-made software, has raised Series A funding of $29.5 million, led by Lakestar and Jungle Ventures with participation from Softbank’s DeepCore.

Led by serial entrepreneur Sachin Dev Duggal, Builder.ai was created with the belief that everyone should be able to build their ideas without needing to code, and that any idea can be brought to life without wastage of time, money or resources.

 

Sachin Dev Duggal Entrepreneur- iHuman' AI-Themed Political Thriller Documentary

 

Sachin Dev Duggal, Co-founder and Chief Wizard of Builder.ai. said, “The capital comes at a time of rapid growth and will propel the platform into the mainstream, allowing Builder to open the door for entire categories of companies that could not consider it before."

The company will use 65 percent of the fresh capital for engineering purposes and the rest for customer acquisition, it said in a statement. The current headcount in the company is 150 across the globe, and the company claimed that it will double this to 300 by June 2019.

The platform has 32,000 engineers right now, of which 10,000 are from India. “This will go up to 250,000 engineers from India within 24 months,” said Builder.ai.

Read full story @ Sachin Dev Duggal Entrepreneur of Builder.ai raises Series A of $29.5 Million

Softbank’s DeepCore Invest In Software Marketplace Builder.ai of Sachin Dev Duggal Entrepreneur

Builder.ai is an LA-based startup which builds bespoke software. Company to focus on APAC region, MENA, and South East Asia. Set to cross the $100M revenue mark before the end of 2020.

Builder.ai, which uses Artificial Intelligence to help small and mid-sized organisations build their own bespoke software (custom or tailor-made software), has raised a Series A investment of $29.5 Mn, led by Lakestar and Jungle Ventures. The funding round also saw participation from DeepCore — Softbank’s AI-focussed investment fund.

Founded by Sachin Dev Duggal Chief Wizard in 2012, Builder.ai is a global company with split headquarters in Los Angeles and London, supported by offices in Delhi and Tokyo. The startup was formerly known as SD Squared and was rebranded to Builder.ai. in June 2018.

Read full story @ Sachin Dev Duggal CEO & Co-founder of Builder AI raises funding 29 million

Nivio Completes Your Apple, Sachin Dev Duggal Entrepreneur

Nivio Offers Windows + Office and Your Favorite Apps on Any Connected Device

Sachin Dev Duggal is Nivio Co-Founder & Chief Wizard. Currently he is CEO of Builder.ai

Nivio, a global start-up with roots in India, today announced beta registration for a fully functional Windows desktop from the Cloud for users in the United States. This marks a significant milestone in the growth plans of the Gurgaon-based company as it expands globally. On nivio, users have access to an App-Store where they can rent applications, such as the complete Microsoft productivity suite, and take advantage of 10GB of upgradeable, free synchronized storage. nivio is accessible from any iOS, Android, Mac, Windows or Linux device, including iPads, Android tablets, PCs and laptops.

Founded in 2004 by Sachin Dev Duggal and Saurabh Pradeep Dhoot, nivio is determined to transform the complex cloud computing technology of today into something that is relevant for everyday. Awarded the prestigious Technology Pioneer Award in 2009 by the World Economic Forum, nivio is bringing the magic back to computing with easy to use, inexpensive software for any device. Sachin and Saurabh launched the world's first Windows-based Online Desktop in 2007. Today, nivio has over 100 employees in its four offices located in India, the UK, USA and Australia.

Read full story @ Nivio Completes Your Apple, Sachin Dev Duggal Entrepreneur