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, 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/

Engineer.ai raises funds from Softbank's DeepCore and others

Engineer.ai has bootstrapped to $24 million in revenue. The company is set to cross the $100 million revenue mark before the end of 2020.

Engineer.ai, a human-assisted artificial intelligence platform, said it has secured $29.5 million (about Rs 210 crore) funding led by Lakestar and Jungle Ventures with participation from Softbank's DeepCore.

The funds will be utilised for strengthening engineering operations and customer acquisition, Sachin Dev Duggal, Founder and Chief Wizard of Engineer.ai, said.

Engineer.ai was created so that everyone can build an idea without learning to code, he added.

"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," Sachin Duggal said.

Launched in June 2018, Engineer.ai has already attracted hundreds of customers across many geographies.

Its 'Builder' solution allows people -- even those without technical skills -- to get customised apps built for Android, iOS and other platforms.

Read full story @ https://www.moneycontrol.com/news/business/startup/engineer-ai-raises-29-5-mn-from-softbanks-deepcore-and-others-3197781.html

Sachin Dev Duggal favourite - Michael Jackson and 'Darkest Hour'

When Sachin Dev Duggal was asked to pick some of his favourite things:

Music

Michael Jackson, salsa music and things with a beat that I can sing along to. I grew up with a love for dancing and anything that has a great beat is awesome.

Gadget

Bragi headphones as they are waterproof. Sachin Duggal swim with them on. He said when I did my triathlon, they were critical in keeping me focussed.

Book

Losing My Virginity by Richard Branson. He remains a mentor, a friend and this book was what really captivated me about him from the word go.

Cuisine

Lebanese and biryani. But, my mom’s is probably still the best.

Movie

'Justice League' and 'Darkest Hour'. I feel they had a combination of being futuristic as well as delving into history.

Read full story @ https://economictimes.indiatimes.com/magazines/panache/michael-jackson-and-darkest-hour-are-sachin-dev-duggals-favourite-things/articleshow/63497942.cms