Iit grad who rejected stanford to build a 61 million ai startup a look at varun vummadis education and career.jpg

IIT grad who rejected Stanford to build a $61 million AI startup: A look at Varun Vummadi’s education and career

In 2023, while many of his peers from India’s premier engineering institutions were pursuing seven-figure roles or global doctoral programmes, Varun Vummadi made a choice that defied convention. Rather than following a predictable path, he embraced uncertainty, co-founding an artificial intelligence (AI) startup that would soon attract global attention.Alongside his Indian Institute of Technology (IIT)…

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From AI Ambitions to IPO Milestones: India’s startup spirit soars

BENGALURU: Satyan Gajwani, chairman of Times Internet, said that as the world accelerates into an AIdriven future, the bar for innovation, governance, and vision continues to rise. “If there’s one thing this ecosystem has shown again, it’s that India learns fast, adapts faster, and thrives under challenge,” he said, delivering the keynote address at the…

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JP Morgan Chase is very angry as it has to pay legal fee of the 32-year-old startup CEO charged of defrauding America’s largest bank of $175 million; calls it …

JPMorgan Chase is reportedly quite annoyed. Reason: The America’s largest bank wants a way out of paying for Charlie Javice’s legal bills. This despite the fact that 32-year-old founder of fintech company Frank, Charlie Javice, has been found guilty of defrauding JPMorgan Chase of $175 million. As a clause in JPMorgan’s contract with Javice, tied…

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Failed AI startup, access to mansion and …: What Google’s former CEO Eric Schmidt and his 31-year-old ex-girl friend are fighting in court for

Michelle Ritter, ex-girlfriend of former Google CEO Eric Schmidt has accused him of stalking, abuse and “toxic masculinity”. According to a New York Post report, Ritter has claimed that the former Google CEO subjected her to an “absolute digital surveillance system”. As per the report, the two are fighting legally over money, a failed AI…

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OpenAI’s startup boss to European companies: Americans are “almost shameless” when …

FILE – (AP Photo/Michael Dwyer, File) American startup founders are “almost shameless” in their assertive demands and feedback to AI giant OpenAI, according to Laura Modiano, head of OpenAI’s startups division in EMEA. Speaking at the Sifted Summit this week, Modiano highlighted a stark contrast between U.S. and European entrepreneurs, urging the latter to be…

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Who is Rebecca Adams? The Bridgewater State and Cornell qualified chief people officer at $1.5 billion startup

Rebecca Adams is the Chief People Officer at Cohesity, a data protection startup with over $1.5 billion in revenue and nearly 6,000 employees. She has earned recognition for her strategic leadership in human resources and her focus on integrating Gen Z into the modern workplace. Her career reflects a mix of strong academic foundations, professional…

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Silicon Valley startup CEO challenges US’ H-1B visa fees hike, says $100,000 fees will favor…

Box CEO Aaron Levie is pushing back against President Trump’s $100,000 H-1B visa fee, warning the policy will give large tech companies an unfair advantage over cash-strapped startups in the competition for global talent. Speaking on “The A16z Podcast” alongside Andreessen Horowitz partners, Levie argued that the steep fee structure essentially turns international hiring into…

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Ranbir invests in health-tech startup Gabit

BENGALURU: Actor Ranbir Kapoor and rapper Badshah have invested in Gabit, a health-tech company founded in 2022 by former Zomato co-founder Gaurav Gupta and Arpana Shahi. The startup sells a smart ring and other health-tracking devices, alongside AI-driven coaching, supplements, nutrition and skincare products. Gabit has previously raised $9.5 million from Norwest Venture Partners and…

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