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Former BharatPe CPO Ankur Jain to launch new startup Jivi.ai
Entrackr
·
1y ago
Medial
Ankur Jain, the former chief product officer of fintech company BharatPe, is set to launch his new startup in the field of AI healthcare, sources aware of the development told Entrackr. “Ankur Jain’s Jivi.ai is expected to go live with its public launch this month,” said one of the sources requesting anonymity. “The founding team consists of professionals and research scholars from Stanford, MIT, Harvard, and Yale.” Jain left BharatPe in July last year after serving more than three years at the company where he was responsible for the complete product life cycle and innovation. Entrackr had exclusively reported the development. Jivi.ai will be the second startup for Jain who also co-founded travel tech startup Instalocate. “Jivi.ai is leveraging artificial intelligence, digital health, large language models, machine learning, and generative AI to transform primary healthcare,” said another source. As per sources, version one of Jivi.ai is anticipated to launch in India and the US. “It has partnered with over 100 doctors, physicians, and hospitals in India in the last 3 months,” sources added. Sources further said that Jivi.ai has also closed initial seed funding and is in discussions to close the next round soon. Queries sent to Jain did not elicit any response. We’ll update the post in case he responds. Growing BharatPe mafia After, Flipkart, Paytm, PayPal and others, now there’s a growing BharatPe mafia. Genwise was launched by former BharatPe’s executives Rajat Jain, Geetanshu Singla and Nehul Malhotra, raised money in April last year. Entrackr exclusively reported the development. Third Unicorn, floated by former BharatPe co-founder and MD Ashneer Grover and his wife Madhuri Jain, launched fantasy sports platform CrickPe. Third Unicorn is also on the verge of launching another fintech startup ZeroPe. Bhavik Koladiya, another co-founder of the company, joined SaaS startup OTPless as CEO. Suhail Sameer, who served as CEO of BharatPe, is handling venture capital firm OTP Venture as managing partner.
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BharatPe CPO Ankur Jain quits to start his own venture
Entrackr
·
1y ago
Medial
Ankur Jain, the Chief Product Officer (CPO) of fintech company BharatPe, has resigned from his position after serving for over three years. He is reportedly leaving to start his own startup in the AI and ML space. Jain's exit follows a series of high-profile departures at BharatPe in recent years, including the Chief Business Officer Nishant Jain and former executive Dhruv Dhanraj Bahl. BharatPe has confirmed Jain's departure and is currently searching for a seasoned product leader to fill the vacant role.
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Ex-BharatPe CPO Ankur Jain Launches Healthcare-Focussed Startup Jivi AI
Inc42
·
1y ago
Medial
Former chief product officer of BharatPe, Ankur Jain, has launched a new AI-based startup called Jivi AI. The startup aims to leverage generative AI to improve healthcare outcomes for 8 billion people. Led by an interdisciplinary team of experts, Jivi AI is utilizing AI to transform healthcare. Jain, who co-founded and became CEO of Jivi AI, was previously with BharatPe for three and a half years before stepping down to launch his own AI-ML startup. The Indian GenAI market is growing rapidly, with projections of reaching over $17 billion by 2030.
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BharatPe Rejigs Top Brass; Sandeep Indurkar To Head Payments
Inc42
·
1y ago
Medial
Fintech company BharatPe has made significant changes in its top management, with Sandeep Indurkar being promoted as the CEO of the payment vertical and Rijish Raghavan taking charge of the device business. The reshuffle follows a series of top-level exits including CEO Suhail Sameer and CPO Ankur Jain. The three new appointments will report to interim CEO and CFO Nalin Negi. BharatPe offers various consumer-facing services and has raised $820 million in funding so far. The company has been embroiled in legal disputes and controversies over the past two years.
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Who is billionaire Ankur Jain, the Indian-origin Founder of Bilt Rewards?
Inshorts
·
1y ago
Medial
Billionaire Ankur Jain is the Indian-origin Founder of American home rental rewards startup Bilt Rewards. The 34-year-old, who graduated from Wharton School, launched a startup incubator called Kairos Society in college. He later co-founded contact management app Humin, which was acquired by Tinder, and helped launch fintech startup Rhino. He was featured on Forbes' 30 Under 30 list in 2015.
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Indian AI startup beats OpenAI, Google to become world’s number 1
Internet
·
1y ago
Medial
Indian startup JiviAI, founded by Ankur Jain and G V Sanjay Reddy, announced that their language-learning AI, Jivi MedX, outperformed Google and OpenAI in medical benchmarks with an average score of 91.65. The Gurugram-based company plans to launch Jivi MedX in August 2024. Co-founder Reddy expressed pride in making top-tier healthcare accessible globally. JiviAI was incorporated in January 2024.
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Bhavik Koladiya-led OTPless raises $3.5 Mn led by SIDBI
Entrackr
·
1y ago
Medial
Authentication and access management platform OTPless has raised $3.5 million in its pre-Series A funding round led by SIDBI, said its co-founder and chief executive officer Bhavik Koladiya. Venture Highway, FJ Labs, and Piper Serica also joined the firm’s maiden institutional round. With this, OTPless raised $6.5 million to date. The Surat-based startup raised $2.7 million in seed round in February last year from Neeraj Arora, Kunal Shah, Amrish Rau, Jitendra Gupta, Utsav Somani, Amit Jain, Fabrice Grinda, and Luke Skertich. With a team of 50 members, OTPless plans to use the new funds to expand its global presence and service beyond authentication and into authorization, said Kodaliya. Its global peers include Auth0, Clerk, Stytch, Descope and Transmit Security and a few others. Founded by Koladiya, Satyam Nathani and Tanmay Sagar, former executives of fintech unicorn BharatPe, OTPless enables users to sign up and sign in on websites and apps via WhatsApp and other methods. This approach simplifies the process for users and weeds out the need for OTPs. The startup supports various social sign-in methods, including Google, iMessage, Microsoft, Github, Slack, UPI and modern protocols like Passkeys, Network Auth, Protected SMS and Device fingerprinting. As per the company, developers can easily integrate OTPless’s SDKs and APIs, going live within minutes using pre-built UIs. OTPless claims that more than 5,000 companies and 20,000 developers worldwide use the platform to authenticate over 30 million users. OTPless is a recent startup from BharatPe’s group which managed to raise significant funding. For record, CrickPe, led by Ashneer Grover, raised seed money led by ZNL Growth Fund. Last year, Genwise and Vegapay also announced their maiden fundraise after launch. The list of startups and venture funds launched by former BharatPe executives includes Jivi.ai, CubeAPM, GrowthCap Venture, Eternal Capital and OTP Ventures. While Growth Cap Venture and Eternal Capital already announced their maiden fund, Suhail Sameer-led OTP Venture is aiming to secure Rs 400 crore for its debut fund.
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VenturEast and InvAsent exit from Comprehensive Prosthetics & Orthotics
IndianStartupNews
·
1y ago
Medial
VenturEast and InvAsent have completed their exit from Comprehensive Prosthetics & Orthotics (CPO), a US-based startup, as part of a financial secondary transaction. CPO has raised a new round of growth capital and expanded its presence in the orthotics and prosthetics sector, operating over 35 clinics in the United States. The exit from CPO is VenturEast's eighth exit this year, reflecting a broader trend of secondary exits in the Indian startup ecosystem in 2023.
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Exclusive: Increff co-founder Romil Jain quits
Entrackr
·
6m ago
Medial
Romil Jain, co-founder and former Chief Technical Officer of SaaS startup Increff, has left the firm, sources aware of the development told Entrackr. “Jain left Increff late last year and he’s likely to embark on a new entrepreneurial journey,” said one of the sources requesting anonymity. Before founding Increff in 2016, Jain worked as a Chief Architect and Principal Engineer at DevFactory and Computer Associates. He co-founded Increff with Rahul Jain and Anshuman Agarwal. According to sources, Jain is expected to announce his new project soon. Increff has declined to comment on the story. This development coincides with the elevation of Vishal Raj as the new co-founder of the company. Raj, who has been with Increff for over seven years, is the current CTO of the company.
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Fintech startup BharatPe launches BharatPe Swipe Android for merchants
IndianStartupNews
·
2y ago
Medial
BharatPe today announced the launch of its new Android Point of Sale (POS) terminal 'BharatPe Swipe Android', a device that offers multiple modes for digital payment acceptance, including debit/credit cards, UPI, mobile wallets and QR code.
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BharatPe's chief business officer Nishant Jain quits
Money Control
·
1y ago
Medial
BharatPe's Chief Business Officer (CBO), Nishant Jain, has resigned from the fintech firm and assumed the role of Executive Director and CBO (Assisted Business) at Angel One, a discount broking firm. Jain joined BharatPe in May 2020 and played a significant role in expanding the company's merchant base to 10 million within a year. His departure is part of a series of executive exits from BharatPe in recent times, including the Chief Operating Officer, Dhruv Dhanraj Bahl, who left the company last week.
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