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.

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 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

Sachin Dev Duggal and Saurabh Pradeep Dhoot, Founders, Nivio

The next evolution in Computing

“Cloud Computing-The next evolution in Computing”

Cloud Computing is the next big leap in the computing world. For the uninitiated Wikipedia defines Cloud Computing as “Internet-based computing, whereby shared resources, software, and information are provided to computers and other devices on demand, like the electricity grid.”
The concept is a revolution that will have effects on many sectors, and industries that are computer reliant. Sachin Dev Duggal and Saurabh Pradeep Dhoot are two individuals who are at the forefront of this revolution in India. Their venture Nivio promises to save time and money for those with computers remaining consumer friendly throughout.

We found out more on Cloud Computing and Nivio from Sachin who was gracious enough to answer our questions…

What form of cloud computing is your company “nivio” bringing to India ?

nivio is a World Economic Forum - Technology Pioneer (2009) and a global cloud-computing innovator; with a unique vision of saving time and money by removing computing constraints and providing ubiquitous access everywhere.

Ultimately nivio see’s the computing world from the eye of the consumer – the interest is only in the software / content as ultimately that is the only thing consumable as such. With that in mind, its single-minded laser light focus remains on renting software and content to people with and without a windows machine. This could be a yet-to-be connected consumer or a power-user user just needing the app or even a non-Windows user wanting to use PC Apps on demand.

nivio’s flagship service is the world’s first Windows-based Online Desktop that enable customers to access a personal virtual desktop from any device connected to the internet. The nDesktop Service provides unrestricted storage and power, wherever you are with the ability to rent original and updated software on a rental (pay as you go) basis; liberating users from the traditional constraints of computing.

Founded in 2004 by Sachin Duggal and Saurabh Pradeep Dhoot, nivio is determined to change the complicated and expensive computing ecosystem of today.

Read full story @ https://yourstory.com/2010/09/sachin-dev-duggal-and-saurabh-pradeep-dhoot-founders-nivio-the-next-evolution-in-computing