Engineer.ai Raised $29.5 Million Led by Lakestar and Jungle Ventures

AI assembly line platform Engineer.ai raised $29.5 million in a funding round led by Lakestar and Jungle Ventures with participation from Softbank’s DeepCore.

The startup with global presence including offices in Los Angeles, London, Delhi NCR, Mumbai, and Tokyo will use the capital to move deeper in engineering operations and drive customer acquisition.

Besides, the Engineer.ai CEO Sachin Dev Duggal led company is also making plans to enlarge its operations in the Asia Pacific region, especially India, South East Asia including China.

Engineer.ai’s ‘Builder’ solution allows companies to get customized apps built for Android, iOS and other platforms. Its customers include Eros Now, Videocon, HSBC, SF Giants, Deutsche Bank as well as a slew of startups and entrepreneurs in India.

Engineer.ai, is one of the top brokers of Amazon Web Services (AWS) in India. By reselling AWS to 500+ customers, the startup makes money through arbitrage.

Read Full Article @ https://entrackr.com/2018/11/softbank-jungle-ventures-fund-engineer/