Former Tech Mahindra executive aims to revolutionize enterprise software development with generative AI
In a significant development for the tech industry, Jagdish Mitra, former India business head at Tech Mahindra, has launched Humanize, a new SaaS startup powered by generative AI. This news, originally reported by Money Control, marks a bold step in the growing AI landscape just four months after Mitra’s departure from the IT services giant.
According to the Money Control report, Humanize, headquartered in the United States, aims to address a crucial challenge faced by businesses today: the efficient organization and utilization of data for AI applications. The startup’s innovative approach combines generative AI with low code/no code (LCNC) technologies to significantly reduce the time required for solution development and market deployment.
In an exclusive interview with Money Control, Mitra, who serves as Humanize’s founder and CEO, explained the company’s mission: “We’re creating our own GenAI toolkit that will help deploy SaaS platforms 15-25% faster. Humanize is essentially taking software as a service technology, adding an AI layer, and significantly reducing time-to-market.”
The launch of Humanize follows closely on the heels of another high-profile AI venture, AionOS, founded by former Tech Mahindra CEO CP Gurnani in partnership with InterGlobe founder Rahul Bhatia, as noted in the Money Control article.
While Humanize’s product is still in development, Mitra told Money Control he expects it to go live within the next five to six months. The company will initially target markets in India and the United States, with a particular focus on global capability centers (GCCs). Future expansion plans include Southeast Asia, Germany, Nordic countries, the United Kingdom, Australia, and Japan.
The Money Control report details that Humanize’s offering will concentrate on three key areas: customer experience, supply chain, and sustainability. The startup plans to begin with a project-oriented, services-based revenue model, eventually transitioning to an outcome-based approach where the company’s earnings will be tied to the cost savings and efficiency improvements it delivers to clients.
To support its growth, Humanize has entered into a strategic partnership with NLB Services, a global technology and digital talent solutions provider. NLB has also invested in the startup, providing Mitra with the capital needed for product development and market entry without the immediate need for additional funding.
According to the Money Control interview, Mitra, leveraging his over three decades of experience in the IT industry, has assembled a team of 14-15 senior executives. The company has ambitious plans to hire 800-1,000 employees and onboard 80-100 customers over the next five years. As a board member of the National Skill Development Corporation (NSDC), Mitra has also committed to hiring around 100 skilled individuals annually from the government’s youth internship program.
As AI continues to reshape the technology landscape, Humanize’s launch represents a significant development in the SaaS sector. With its focus on speed, efficiency, and AI-driven innovation, the startup is poised to make a substantial impact on enterprise software development in the coming years.