Monish Darda, co-founder of Icertis, is stepping down from operational roles to launch a new AI-focused startup, signaling a growing trend of Indian tech executives venturing into the AI space.
Why it matters
This news highlights the increasing entrepreneurial activity in the AI sector within India. As AI technologies mature and become more accessible, experienced tech leaders are leveraging their expertise to build new companies, indicating a significant growth phase for AI innovation and investment in the region. This trend suggests a maturing AI ecosystem in India, with established figures contributing to its expansion.
A co-founder of a software company called Icertis is leaving his day-to-day job to start a new company focused on Artificial Intelligence. This is happening because AI is becoming very popular and changing how businesses work.
A study found that startups solving the AI mapping problem generated 1.9x higher revenue, highlighting the economic potential of AI when integrated into business workflows.
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