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Sachin Dev Duggal’s startup secures USD 250 mn from QIA-led series D funding

Sachin Dev Duggal’s unicorn startup, called Builder.ai, has successfully secured an impressive $250 million in a Series D funding round. The round was led by the Qatar Investment Authority (QIA).

Commenting on this, Sachin Dev Duggal, Chief Wizard, Builder.ai said, “Our team is already investing this capital in our AI and automation capabilities so we can empower our customers more, and use new frontier technology responsibly at the same time.”

Ahmed Ali-Hammadi, CIO Europe, Turkey and Russia, QIA said, “We are confident that Builder.ai’s innovative technology and proven approach positions the company for a future of substantial growth.”

The investment marks a significant milestone for the startup as it solidifies its position as a major player in the tech industry. The AI based startup, which has remained at the forefront of innovation and disruptive technologies, has gathered attention and support from investors globally.

The platform will give access to those who want to develop and maintain apps and are looking to sell their work online.

The recent funding will undoubtedly fuel the development of groundbreaking products and solutions that will transform industries and drive economic growth. The unicorn startup’s dedication to innovation and its relentless pursuit of excellence have set it apart from competitors, attracting the attention of investors eager to support its future endeavors.

As the startup braces for its next phase of growth, industry experts and enthusiasts eagerly await the groundbreaking developments and disruptive solutions that will emerge from Sachin Dev Duggal’s tech powerhouse.

 

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