Monday, 10 June 2019

An interview with Sachin Duggal, CEO of Engineer.ai

sachin dev duggalProduct Innovation: How AI helps bring your idea to life

This podcast interview focuses on product innovation that has the power to democratize software development, and my guest is Sachin Dev Duggal, CEO of Engineer.ai.

Sachin Dev Duggal is an innovator, serial entrepreneur, and an advocate of enterprise software that touches lives and benefits the world at large.


His profile is an unusual mix of experiences & serendipity. Sachin Duggal started his public foray very early in life. At the age of 12, he went on stage in front of 1200 people and the world media to demand something be done about the state of the environment. He worked for the United Nations and helped write the declaration of youth rights before he completed his first degree from Imperial College. At the age of 15, he co-founded nivio with a view to disrupt the old compute model. Four years later, nivio was selected as a technology pioneer at the World Economic Forum in Davos, where at the same time he made history in being the youngest attendees.

Sachin’s an avid and recent believer of Vipassana and that life is a zero-sum game – so its essential to spend our time giving; this is one of the main reasons he and his partner put aside stock in all major businesses to their foundation that’s on their 100×50 mission i.e. educate 100m kids in 50 years.

PriceWaterhouseCoopers Leader of Tomorrow, Ernst & Young Entrepreneur of the Year Finalist, the BBC Young Asian achiever of the Year and UNEP Global 500 Youth Award.

His aim is to build technology that simplifies the lives of everyday users and increases the penetration of information technology to those who do not have it today. And that’s what Engineer.ai is all about. Engineer.ai is on a mission to democratize software development. Their promise ‘Together we bring your idea to life. Twice as fast. 1/3 the cost. Enterprise-grade.’

Read full story @ https://www.valueinspiration.com/product-innovation-how-ai-helps-bring-your-idea-to-life/

Tuesday, 26 February 2019

How I Raised It with Sachin Dev Duggal of Engineer.ai

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

Friday, 1 February 2019

Sachin Dev Duggal, Founder & CEO Of Engineer.ai Talked About Budget

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

Wednesday, 9 January 2019

Engineer.ai Partners With DigitalOcean

Engineer.ai partners with DigitalOcean's award-winning Developer Cloud to let SMBs build affordable custom software

Engineer.ai, the human-assisted AI that empowers everyone to build and operate bespoke software, announced today at the International Consumer Electronics Show (CES) in Las Vegas, that it has entered a strategic partnership with DigitalOcean, the cloud of choice for developers creating modern applications, globally.

The partnership provides small & medium businesses and developers a completely scalable way to create bespoke / made-to-order software products.  Engineer.ai's Builder platform is an AI-powered Software Assembly line that breaks projects into small building blocks of re-usable features customized by elastic human capacity (professional software engineers) from across the world. The result is high-quality custom software at a fraction of the price and time of traditional development. DigitalOcean's Developer Cloud provides a simplified app setup and deployment experience allowing developers to spend more time on innovation vs. managing complex server infrastructures.

"Our mission is to allow anyone with an idea to build bespoke software, regardless of technical expertise, and we're big believers in DigitalOcean's commitment to bringing their award-winning Developer Cloud to our CloudOps marketplace, giving our customers an affordable and easy cloud alternative," said Sachin Dev Duggal, Founder & CEO at Engineer.ai.

"At DigitalOcean, our focus is on making the lives of developers easier by abstracting away the complexity of infrastructure, so users of all skill levels can build powerful applications," said Mark Templeton, CEO of DigitalOcean. "Engineer.ai's Builder is a natural extension of our mission.  We believe this partnership will further bridge the technical gap for customers, so they can bring their ideas into reality."

Read full story @ https://www.prnewswire.com/news-releases/engineerai-partners-with-digitalocean-to-expand-its-cloudops-marketplace-300775339.html

Wednesday, 21 November 2018

Engineer.ai raises Series A of $29.5 Million

Led by serial entrepreneur Sachin Dev Duggal, Engineer.ai will use 65 percent of the fresh capital for engineering and rest for customer acquisition.

sachin duggalEngineer.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 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 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 Engineer.ai.

Read full story @ https://yourstory.com/2018/11/engineer-ai-raises-funding-29-million

Tuesday, 20 November 2018

Engineer.ai eyes India expansion with $29.5 Mn from Lakestar and SoftBank

Human-assisted artificial intelligence platform Engineer.ai has raised $29.5 million in a funding round led by Lakestar and Jungle Ventures with participation from Softbank’s DeepCore.

engineer.ai
The startup with global presence including offices in Los Angeles, London, Delhi NCR, Mumbai, and Tokyo will use the capital to go deeper in engineering operations and drive customer acquisition.


Besides, the Sachin Dev Duggal led company is also planning to expand its operations in the Asia Pacific region, especially India, South East Asia including China.

Touted as the low code no code AI platform, Engineer.ai enables budding entrepreneurs to order their own app at a low price from a network of 50 software firms and 10,000 developers.

Engineer.ai’s ‘Builder’ solution allows companies to get customised apps built for Android, iOS and other platforms. Its customers include Eros Now, Videocon, HSBC, SF Giants, Deutsche Bank as well as a slew of startups and entrepreneurs in India.

Read full story @ https://entrackr.com/2018/11/softbank-jungle-ventures-fund-engineer/

Softbank’s DeepCore Invest In Software Marketplace Engineer.ai

Engineer.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.

engineer.ai
Engineer.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 Duggal and Saurabh Dhoot in 2012, Engineer.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 Engineer.ai. in June 2018.

Read full story @ https://inc42.com/buzz/jungle-ventures-softbanks-deepcore-invest-29-5-mn-in-software-marketplace-engineer-ai/