Sachin Dev Duggal's Builder.ai Secures a Major Investment from QIA: A Breakthrough for the British-Indian Entrepreneurship
QIA also known as Qatar Investment Authority in its expanded form, has invested a significant fund of $250 million in a Series D funding round in the British-Indian serial entrepreneur Sachin Dev Duggal ’s Builder.ai. Sachin Duggal is the founder and CEO of Builder.ai, also known as Chief Wizard of Builder.ai, a human-assisted AI platform that makes building and running software as easy as ordering pizza. In 2012, he started Builder.ai to enable anyone to build or construct any concept, without the requirement for coding knowledge and without wasting time, money, and resources. New or existing investors such as Iconiq Capital, Jungle Ventures, and Insight Partners also participated in the round. The latest round has marked a 1.8x valuation for the company. However, in March 2022 the company was able to raise $100 million in Series C funding. The valuation has not yet been disclosed by the company. The flow of capital will in a way help the company to boost investmen...