Monday, July 15, 2024

Glean Technologies, a US-based AI company, expands with new office in India | Company News

Glean Technologies Launches First Office in Bengaluru, Expands Presence in Asia-Pacific Region

US-based artificial intelligence company Glean Technologies, Inc, has announced the launch of its first office in India, located in Bengaluru. The move signals Glean’s commitment to empowering Indian enterprises through advanced AI technologies and expanding its customer base in the Asia-Pacific region.

The Bengaluru office will serve as the central hub for Glean’s operations in India, housing finance, sales, research and development (R&D), and business operations functions. This strategic location will enable Glean to work closely with Indian enterprises to deploy GenAI assistants and applications on a global scale.

Arvind Jain, founder and CEO of Glean Technologies, Inc, expressed excitement about establishing a presence in Bengaluru, known as the Silicon Valley of India. He emphasized the market potential and growing demand for advanced AI solutions in the region. The office in Bengaluru is set to become a key hub for Glean’s global operations, representing the company’s largest investment outside of the US.

Glean Technologies is actively expanding its customer base in the Asia-Pacific region by forging partnerships with leading enterprise companies. These partnerships include collaborations with a top Southeast Asian commercial bank, a leading ridesharing platform, a global electronics and entertainment company, and a global automotive manufacturer. The company has quickly grown its presence in India, with nearly all corporate functions now represented in the country.

Looking ahead, Glean plans to triple its headcount in India, aiming to increase its workforce to over 450 employees from the current 150. The company is proactively recruiting top talent from the top 5 IITs and has already onboarded 12 top students since December 2023.

With over $350 million raised from top venture capital firms and a valuation of $2.2 billion, Glean Technologies is positioned for continued growth. The company’s Annual Recurring Revenue (ARR) is growing at an impressive rate of 300% year-on-year, reflecting strong demand for its AI solutions.

The new office in Bengaluru spans 26,000 square feet and features amenities such as a dedicated cafeteria, games room, and collaboration spaces. This space is designed to accommodate the company’s anticipated headcount growth and foster an environment conducive to innovation.

During the company event in Bengaluru, senior officials including Garvit Juniwal (R&D – Site Lead, Product Lead), Vivek S (R&D – AI Lead), and Tapas Satapathy (Head of People) were present, along with partners, customers, and employees of Glean Technologies, Inc.

Looking ahead, Glean’s roadmap for the next five years focuses on advancing generative AI and agentic automation. The company has seen strong demand for its platform offering, with over 100 companies creating and deploying more than 1,000 unique AI apps and agents. Glean continues to prioritize security, data governance, and permissions requirements to meet the needs of enterprise customers.

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