A notable trend is reshaping India’s tech landscape as many experienced tech leaders are leaving top positions in established companies to launch their own AI startups. This wave began with the departure of executives from Krutrim, India’s first AI unicorn, including Vipul Shah, who is now working on a stealth startup focused on generative AI in the architecture sector. Other notable exits include industry veterans from Flipkart and Udaan, who are also diving into AI-focused ventures. They aim to leverage their extensive experience to meet emerging Market needs, as the demand for AI solutions continues to rise in various sectors, signaling a bright future for AI innovation in India.
There’s a noticeable trend emerging in India’s tech landscape: many seasoned tech leaders are leaving their high-profile jobs to dive into the world of AI startups. This shift is driven by the excitement surrounding artificial intelligence and the potential it holds for innovation.
Recently, several executives from Krutrim, India’s first AI unicorn, have decided to venture out on their own. For instance, Vipul Shah, who previously served as the VP of products at Krutrim, is now developing a stealth AI startup focused on the architecture, engineering, and construction industries. His work will involve generative AI, augmented and virtual reality, and cutting-edge edge devices.
Other notable exits from Krutrim include Gautam Bhargava, Ashok Jagannathan, and Samrat Saha, among others. Their move to start their own companies suggests a significant shift in the tech sector, sparked by the allure of building something new and transformative.
Jagannathan, for example, is co-founding Agrani Labs, targeting the AI semiconductor Market. Meanwhile, Ravi Jain, a former VP at Krutrim, has launched TDK Ventures, which aims to invest in deep-tech startups. This wave of departures begs the question: what is prompting these talented professionals to leave established companies for the uncertainties of startup life?
Even figures from the wider tech industry, like Binny Bansal, co-founder of Flipkart, are making similar moves. He has launched Opptra, an AI-as-a-service venture that seeks to help global brands expand into Asia. Bansal’s new venture is leveraging his extensive experience to develop advanced technologies for franchise businesses.
These trends illustrate how former leaders are innovating and addressing new Market demands. For instance, Jagdish Mitra, a veteran of Tech Mahindra, recently launched Humanize, a generative AI startup aimed at simplifying the development process for businesses.
In conclusion, the trend of established tech leaders launching AI startups is growing, reflecting a broader transformation across the industry. As these professionals channel their expertise into new ventures, we can expect exciting developments in AI technology that could benefit various sectors.
Main keyword: AI startups
Secondary keywords: tech leaders, Krutrim, innovation in AI
What is causing Indian tech veterans to leave corporates for AI startups?
Many experienced tech workers in India are drawn to AI startups because they offer exciting challenges, the chance to innovate, and the potential for faster career growth. Startups often allow more creative freedom and involvement in cutting-edge projects compared to traditional corporate jobs.
Are AI startups more rewarding than big corporations?
Yes, many find that working at AI startups can be more rewarding. Startups often provide ownership stakes and a direct impact on the company’s success. Employees may experience higher job satisfaction and faster promotions due to the dynamic nature of startups.
What skills do tech veterans need to thrive in AI startups?
Tech veterans should have strong skills in programming, data analysis, and machine learning. Additionally, they should be adaptable, open to continuous learning, and able to work in fast-paced environments. Good communication skills and teamwork are also essential.
Is there a risk associated with joining an AI startup?
Yes, there are risks. Startups can be unstable, and some may fail. However, the potential rewards, such as growth opportunities and innovative work, often attract seasoned professionals. It’s wise to research the startup’s background before making a move.
How can someone transition from a corporate job to an AI startup?
Transitioning involves updating skills, networking with people in the AI industry, and potentially taking online courses or certifications. It can also help to attend industry events and join relevant online communities to connect with potential employers and learn more about the field.