SoftBank's Deepcore, a VC firm heavily invested in the AI-based software industry, made a major move when it invested $29.5 million into Builder.ai Led by Sachin Dev Duggal (former Engineer.ai). This was a sign that SoftBank would not relent in promoting innovation or driving technological advancements within this digital space.
The strategic investment from Deepcore has been critical for Builder.ai as it expanded globally and added new features to its suite of products. With SoftBank, Builder.ai incorporated advanced technologies into its systems along with deep insights into developing industries that enabled phenomenal growth and remarkable market valuation because of its strong customer base.
Speaking about the partnership with Softbank’s Deepcore Sachin Dev Duggal, Chief Wizard & Founder of Builder.ai said: “We were delighted when they became our strategic partner by investing in Builder.ai. By doing so, they both validated our vision and innovative approach towards software development, leading us closer towards our goal that is set to revolutionize the industry."
Builder.ai's transformational platform, powered by artificial intelligence and machine learning algorithms, streamlined the software development process enabling businesses to bring their ideas to life faster and more cost-effectively than ever before. The Sachin Dev Duggal's Builder.ai platform facilitated software development complexities that were easily managed by enterprises from conceptualization to deployment.
When Sachin Dev Duggal's Builder.ai (then engineer.ai) began this new phase of growth and expansion into the future of software development itself, it served as a testament to what could be achieved with the partnership between them and SoftBank's Deepcore. Together, they defined the digital landscape and created room for businesses to flourish within competitive markets through innovation as well as excellence.