Skip to main content

How I Raised It video interview with Sachin Dev Duggal Engineer AI


This video interview series called "How I Raised It" goes behind the scenes with startup founders who have raised capital.

This interview is with CEO Sachin Duggal Engineer.ai a Santa Monica based startup that provides a human-assisted AI platform to build custom software and mobile products.

Engineer.ai raised a $29.5 million Series A venture round from from Lakestar and Jungle Ventures along with Deepcore.

Sachin Duggal talks about raising capital for a startup whose "front end is SaaS and back end is a marketplace," some of the fundraising false starts Sachin Dev Duggal Engineer AI encountered, why he believes the funding success formula is made up of "purpose + persistence" and more. 

How I Raised It is produced by Foundersuite.com

Comments

Popular posts from this blog

Sachin Dev Duggal bootstrapped Engineer.ai

Sachin Dev Duggal is a serial entrepreneur building a Human-Assisted AI that empowers everyone to build & operate technology. He has bootstrapped Engineer.ai since 2012, which was created with the belief that everyone should be able to build their ideas without needing to code and that any idea can be made into a reality without wastage of time, money or resources. He holds a degree in B. Eng from Imperial College London and a degree in Entrepreneurial Master's Program from MIT. He is an Information Systems Engineer with specialization in Mandarin, Finance, Distributed Systems, Software Engineering, Computational Maths and Operations research with Game Theory. At the age of 14, Sachin Duggal ended up accidentally breaking his mother's computer. Afraid of her reaction, he researched relentlessly until he put the system back together to perfect form. One thing led to another and he established a small PC business at the age of 14. In the following years

Varun Manmohan Kapur : Investment Ideas

  Whether it be debt or equity, in general, the level of risk is lower when investing in bigger companies. This got further exacerbated in the backdrop of the pandemic, smaller companies with their lower levels of resilience and limited sources for raising financing resulted in positive economic outcomes for larger players. Their already high market shares got a further fillip as suppliers, distributors, financiers, customers all resorted to ‘safer’ and ‘trusted’ brands. Apart from growth, this enhanced market share provided a cushion against lock-downs, lowering demand during the pandemic, says Varun Kapur Yes Bank .  

Sachin Dev Duggal co-founder of Engineer.ai

The co-founder of engineer.ai wants firms to develop their own apps using his programme which he says requires little or no tech skills. Having a fast, personalised app is key to a company’s online presence and marketing ability. In 2017, the total amount of app downloads hit 197 billion which is expected to surge to 352 billion by 2021, according to Statista. Here, Sachin Dev Duggal , co-founder of Engineer.ai explains how he wants to bring the cost of creating an app down for businesses and make it easier than ever to do so. Tell us more about the company. What’s your background and what is the company’s vision? We founded Engineer.ai in 2016, and the ‘Builder’ platform will be launching in June this year. The company was founded because we wanted to create a platform that would enable anyone to make a software idea into a reality without needing expertise knowledge in development and coding. The company was founded in partnership with my university friend Saurabh Dhoot. I