IITian Rejects ₹4 Crore Job, Builds AI Startup “Giga” Raises $61 Million in Series A
In a story straight out of a dream, an IIT Kharagpur graduate who once turned down a PhD offer from Stanford University and a ₹4 crore annual salary job has just proved that passion really does pay off.
His AI startup, Giga, has raised a massive $61 million (≈ ₹510 crore) in a Series A funding round, led by global VC giant Redpoint Ventures.
What Giga Does
Giga builds AI-powered customer support automation tools that help businesses manage thousands of customer queries with minimal human effort.
Think of it like a smart customer-care assistant that:
- Understands customer problems in natural language,
- Resolves issues instantly, and
- Learns from every interaction to get better over time.
With this, brands can handle up to 10x more support tickets without expanding their teams a huge advantage for high-growth companies.
The Funding Details
According to The Economic Times, the $61 million round was led by Redpoint Ventures, along with participation from several global tech investors.
For a company founded just two years ago, this is one of the largest Series A fundraises ever achieved by an Indian AI startup.
Why This Matters
- AI Funding Momentum in India:
Despite global slowdowns, India’s VC ecosystem continues to grow. According to KPMG’s Venture Pulse report, total venture funding in Q2 2025 hit $3.5 billion, driven by fintech, healthtech, and now AI startups like Giga. - India’s Deep-Tech Revolution:
Founders like Giga’s team are redefining what’s possible from India. It’s no longer just about services it’s about building global AI products from Indian soil. - Inspiration for Future Founders:
Turning down stability for vision isn’t easy. But stories like this remind us: innovation rewards courage.
What It Means for Startups
If you’re building a tech-driven business, this is your signal.
Investors are hungry for AI, automation, and deep-tech solutions that solve real business problems.
Even early-stage founders can raise funding if they:
- Focus on product-market fit,
- Build a strong tech foundation, and
- Tell a clear, outcome-driven story to investors.
From “Idea” to “100 Cr Club”
At VentureLinkUp.com/100Cr-Club, we celebrate stories like Giga’s bold founders turning ideas into 100-crore businesses.
The message is simple: you don’t need to be in Silicon Valley to build something world-class. India’s startup ecosystem is ready the capital, the talent, and the hunger are all here.
So, whether you’re working on the next AI tool, D2C brand, or SaaS platform keep building. The next $61 million headline could be yours.
Read more funding insights:
> How Melanie Perkins Turned Canva Into a $40B Unicorn Without Early VC Funding
> Global Startup Funding Dips 34% | What It Means for Founders in 2025
> 100 Cr Club – Startup Growth & Funding Stories
