CosmicTaco

OfBusiness Co-founder Nitin Jain to Launch AI Venture

CosmicTaco · 2024-10-16T09:40:36.088023+05:30

- Nitin Jain, co-founder of OfBusiness, is planning to start his own **AI startup**. - He is reportedly in talks with venture capital firms like **Z47** to raise capital for his new venture. - The new company will focus on building solutions in **Human Capital Management (HCM)** using AI. - Jain will leave OfBusiness only after successfully raising funds for his new venture. - This move comes as more companies seek **AI solutions** for their daily operations, attracting VC firms to back AI ventures in India. Source: [Moneycontrol](https://www.moneycontrol.com/news/business/startup/ipo-bound-ofbusiness-co-founder-nitin-jain-to-start-his-own-ai-venture-12842871.html)

Nitin Jain, co-founder of OfBusiness, is planning to start his own AI startup.
He is reportedly in talks with venture capital firms like Z47 to raise capital for his new venture.
The new company will focus on building solutions in Human Capital Management (HCM) using AI.
Jain will leave OfBusiness only after successfully raising funds for his new venture.
This move comes as more companies seek AI solutions for their daily operations, attracting VC firms to back AI ventures in India.

Source: Moneycontrol