Ceo Journal

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

Sachin Dev Duggal Engineer AI Led by serial entrepreneur Sachin Dev Duggal Engineer.ai is a software platform that enables its customers to build, run and scale ideas. As of 2019, Builder has over 500 clients globally and an approximate annual revenue of $43M. In a candid conversation with Express Computer’s Gairika Mitra, the founder spills the beans on how technology has heralded a massive upswing in businesses. How do you think this sector is going to upsurge in the near future? India has established approximately 48 million small businesses over the past decade, nearly double the number of the US. However, unlike the US, most businesses in India are hesitant to invest in digital transformation due to a lack of tech expertise, resources or both. For a country like India, that is the fastest-growing trillion-dollar economy in the world and the fifth-largest overall, a necessary shift to stay competitive is the democratisation of software development so that ideas can trans...

Engineer.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 Engineer.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, Co-founder and Chief Wizard of Engineer.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 dou...

Sachin Dev Duggal Engineer AI is a London-born serial entrepreneur who has experience of building businesses in the UK, US and India. Currently CEO and founder of Engineer.ai, he has also previously founded companies such as Nivio and Shoto. Q.What was the most valuable piece of career advice that you received? A. Just recently, I learned about the realities of rapidly scaling a company. When you go from 10 people to 200 people, you go from having an answer, to having the process to have the answer, to having the people that know the process to having an answer. Now, when you go through that double quick, you have zero time to acclimatise to that shift and that's challenging. Because when you, as the co-founder, know it so well that the process and the answer is all in one split second, it gets frustrating why problems don't get solved in bigger teams as quickly. It is also why young companies work so much faster...because the process and the answer there is the same thi...

Sachin Dev Duggal, CEO of Engineer.ai has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO). Discovery and sharing of photos between devices Patent number: 10409858 Abstract: Described are systems, media, and methods for discovery of media relevant to a user and sharing the media with the user. Type: Grant Filed: November 29, 2016 Date of Patent: September 10, 2019 Assignee: Shoto, Inc. Inventors: Sachin Dev Duggal , Mark Edward Rolston SYSTEMS AND METHODS FOR CREATING SOFTWARE FROM LIBRARY AND CUSTOM COMPONENTS Publication number: 20180107459 Abstract: Methods and systems are disclosed that automate and institutionalize many aspects of the process of creating software. Embodiments automate aspects of pricing, software creation, and delivery using a manufacturing-styled approach to development...

Sachin Dev Duggal , CEO and Founder of Engineer.ai talked about Artificial Intelligence. He said there are three types of Artificial Intelligence: Artificial Narrow Intelligence (ANI) Artificial Narrow Intelligence (ANI), also known as Narrow AI or Weak AI, is a type of Artificial Intelligence focused on one single narrow task. It possesses a narrow-range of abilities. This is the only AI in existence today, for now. Narrow AI is something most of us interact with on a daily basis. Think of Google Assistant, Google Translate, Siri, Cortana, or Alexa. They are all machine intelligence that use Natural Language Processing (NLP). NLP is used in chatbots and other similar applications. By understanding speech and text in natural language they are programmed to interact with humans in a personalized, natural way. AI systems today are used in medicine to diagnose cancers and other illnesses with extreme accuracy by replicating human-like cognition and reasoning. Artificial Ge...

As per Engineer.ai , CEO Sachin Dev Duggal "The budget presented encourages skill development across the country, and especially within the tech industry--it’s a well grounded approach to propel India towards a $5 trillion economy. The focus on modern technologies like big data, VR, 3D printing, AI and IoT which will not only provide job opportunities for metropolitan urbanites living in the biggest cities, but also those in rural areas, as well. The proposal of 20 tech incubators in the agro sector along with the allocation of Rs.400 cr for higher education institutes to transform them into innovation labs is a clear indication about the kind of informed, technically equipped resources India is set to enable for the coming, ever-growing technology-driven industries. Read full story @ https://www.deccanherald.com/business/budget-2019/budget-encourages-skill-development-for-tech-industry-745216.html

Produced by Foundersuite.com, "How I Raised It" goes behind the scenes with startup founders who have raised capital. This episode is with Sachin Dev Duggal, CEO of Engineer.ai a Santa Monica based startup that provides a human-assisted AI platform to build custom software products. Engineer.ai raised a $29.5 million Series A venture rounds in a deal led by Lakestar Advisors (Germany) Jungle Ventures (Singapore) and Deepcore (Japan). In this episode, Sachin Dev 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, why he believes the funding success formula is made up of "purpose + persistence" and more. Read full story @ https://open.spotify.com/episode/0QbAUveHF8oA0vsSjnkvpk

Being a global entrepreneur highly invested in the technology industry, with a zeal for AI, it’s excellent to hear the announcement from Finance Minister Piyush Goyal that India will create a National Centre for AI. Sachin Dev Duggal said considering the global market for AI is expected at around $190 billion by 2025, this puts Indian companies and organizations at the forefront of capturing the AI market. Well done. Sachin Dev Duggal CEO of Engineer.ai said alongside a 2% interest subvention for loans to MSMEs, these actions can boost entrepreneurial development across India, which can continue to enhance the Indian economy. The idea of a strong, stable, entrepreneurial Indian economy will help retain and expand global investment capital, as well as increasing global operations across the country. Read full story @ https://technuter.com/budget/post-budget-reaction-by-mr-sachin-dev-duggal-founder-chief-wizard-engineer-ai.html

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...

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 Engineer.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 prestigiou...

Sachin Dev Duggal is the founder of SD Squared Labs, a boutique complete services software & application development company I know Sachin Dev Duggal who is current CEO & Founder of Engineer.ai as the guy who created Nivio, a company that actually let you get Windows apps on your freaking iPad, and it was all legal. It was this beautiful thing. People loved it. And Sachin Dev Duggal sold it. I thought we were going to do an interview about that and that’s what I’m all geared up for. Instead, that’s kind of going to be the backstory to what ends up being the actual interview, which is this new company that is actually bigger, more substantive and it’s called SD Squared. It’s got this crazy freaking business model that if I didn’t know somebody who worked there, I wouldn’t believe it actually existed. If anyone goes to SD Squared and has SD Squared build an app, it costs no more than $25,000 for an app on any single platform. If it’s more expensive, then they j...