Engineer AI

Jungle Ventures, the Singapore-based venture capital (VC) firm, has received commitments of around USD 175 million for its third VC fund, two people aware of the development told Mint. The figure may increase to USD 220 million over the next few months. Around 90% of the USD 175 million came from institutional investors in North America, Europe, the Middle East and Asia, including investors like International Finance Corporation, DEG - Deutsche Investitions, Cisco Investments, Temasek Holdings, among others, a source told Mint . Jungle Ventures was founded in 2012 by Anurag Srivastava and Amit Anand. It invests in technology and e-commerce startups in India and southeast Asia. In its previous VC fund that was closed in 2016, Jungle Ventures had secured around USD 100 million in commitments from its limited partners. Some of its India investments include Livspace, Sachin Dev Duggal Engineer.AI , Tookitaki, Klinify, among others. Jungle Ventures has already made five new investment...

Sachin Dev Duggal Engineer AI Engineer.ai is a "AI Assembly Line" that empowers everyone to build and operate software projects. Established in 2013 in San Francisco, the startup has a branch office in Gurgaon. We started out with a dream to be the connection between every great idea and a fully realized product. The idea is to empower everyone to build their ideas; especially given that only 3 per cent of people are successful in taking an idea to a live product,” says CEO Sachin Dev Duggal Engineer.ai , adding that to achieve this, they went right back to the drawing board on how software is made today. They looked at best practices across industries and landed on the magic Henry Ford did with his assembly line. “Back in the 1900s, cars were produced by a small group of people that did everything from the engine to the seats. Now, it’s all on an assembly line where different teams from around the world work on their specific areas bringing their respective core compet...