Former Tech Mahindra Executive Launches GenAI SaaS Startup 'Humanize'

Ex-Tech Mahindra Veteran Jagdish Mitra Unveils GenAI SaaS Startup Humanize, Plans to Hire 1,000 Employees in 5 Years

Mitra aims to expand into Southeast Asia, Germany, the Nordic countries, the United Kingdom, Australia, and Japan, with a focus on customer experience, supply chain, and sustainability. Former Tech Mahindra India business head Jagdish Mitra has announced the launch of Humanize, a generative AI IP-powered SaaS startup, just four months after leaving the IT services company. The new venture, which combines generative AI with low code/no code capabilities, aims to reduce the time it takes for customers to develop and bring solutions to market. Mitra, now the founder and CEO of Humanize, explained, "One of the big problems businesses have is they don't seem to have all the data structured and organised in a manner where they can take advantage of AI. So that's our first job at Humanize. We are creating our own GenAI toolkit, which will help deploy the same SaaS platform at 15 - 25 percent faster pace." The launch of Humanize follows former Tech Mahindra CEO CP Gurnani's AI venture AionOS, which was founded in partnership with InterGlobe founder Rahul Bhatia. According to the report, Humanize's product is currently in development and is expected to hit the market within the next five to six months. The startup plans to initially target India and the US, focusing on GCCs within enterprises. The startup's hiring strategy includes expanding its team, currently composed of 14-15 senior executives, to 800-1,000 employees over the next five years. Humanize also plans to onboard around 80-100 customers during this period. Leveraging his position on the board of the National Skill Development Corporation (NSDC) and the government's youth internship program, Mitra is committed to hiring about 100 skilled individuals from the internship program annually. In the long term, Mitra aims to expand into Southeast Asia, Germany, the Nordic countries, the United Kingdom, Australia, and Japan, with a focus on customer experience, supply chain, and sustainability. The US-headquartered startup will begin with two monetisation strategies: a project-oriented, services-based model, which will later transition into an outcome-based model. Mitra explained, "I'm trying to change the good old [revenue] model that already got applied many times over to something which is a lot more outcome-oriented rather than manpower-oriented. I don't want to go to the manpower-oriented models." Humanize has also formed a strategic partnership with global technology and digital talent solutions provider NLB Services, which has invested in the startup. Mitra, confident in the current funding, does not plan to seek additional capital for product development and market launch. "NLB's biggest advantage is that they are a big talent company. They have built their whole business around being able to source the right talent at speed," Mitra added.

Former Tech Mahindra Executive Jagdish Mitra Launches GenAI SaaS Startup Humanize

It is is eyeing to onboard 80-100 customers and 100 interns in its initial years of operations Former India president and head of corporate affairs at Tech Mahindra, Jagdish Mitra, has announced the launch of his new GenAI SaaS startup Humanize. The startup will offer low code/no code GenAI-integrated industrial SaaS and hyper-automation solutions to enterprises. In a statement, Humanize said it will provide GenAI-integrated sector specific industrial SaaS solutions as plug-and-play platforms built on enterprise SaaS stacks. Its product stack includes tools like digital product engineering, analytics, CX, business process services, and talent management solutions. The startup will be targeting enterprises in the BFSI, retail and consumer goods, manufacturing, technology and media, and automotive sectors. Besides India, the country will focus on the Middle East, and the US markets initially. In the long term, it plans to explore markets like Southeast Asia, Germany, the Nordics, the United Kingdom, Australia and Japan. "We at Humanize have architected a platform that will integrate with global SaaS platforms to expedite time-to-market. Built on plug-and-play industry use cases on enterprise SaaS stack and powered by AI/GenAI accelerators, our solutions will help enterprises with faster time-to-market by 15-20%," Mitra said in a post on LinkedIn. In his post, Mitra said that his observation of cloud-native SaaS platforms revolutionising how enterprises respond to market demands led him to venture into the field himself. Prior to taking the entrepreneurial plunge, Mitra was the president for India and helming the corporate affairs department at Tech Mahindra. His nine-year long stint with the company started back in 2015 when he joined as chief of strategy and marketing officer. Notably, this was his second stint with IT major, having worked with it for 14 years till 2006. He left the company to set up end-to-end mobility solutions startup CanvasM Technologies, which was acquired by Tech Mahindra in 2014. "With the advent of AI and GenAI, I saw an opportunity to turbo charge each of these aspects of Agility and Acceleration, and augment it with human Acumen to create contextualised solutions - build industry use-cases, on industry SaaS stack powered by AI and GenAI," his post read. Humanize is backed by digital talent solutions provider NLB Services. It has invested an undisclosed amount in Humanize, a majority of which will be directed toward scaling technology and R&D, developing the AI platform, creating CoEs, and expanding the workforce. "This investment will allow us to expand our service offering portfolio and help us create additional avenues to work with our diverse range of clients globally," NLB Services' CEO Sachin Alug said. With the investment, Humanize is eyeing onboarding 80-100 customers and 100 interns in its initial years of operations.

NLB invests in former TechM senior execs Mitra's startup Humanize - Times of India

BENGALURU: Digital talent solutions provider NLB Services has invested in Humanize, a GenAI low code platform founded by Jagdish Mitra, the former chief strategy officer of Tech Mahindra. Mitra, who has three decades of industry experience, held key leadership positions at Tech Mahindra overseeing corporate planning, business development, large deals, and alliances.He also served as the CEO of CanvasM, a joint venture between Tech Mahindra and Motorola focused on mobility. The undisclosed investment by NLB Services would be deployed to scale R&D, develop the AI platform, create centres of excellence (CoEs), and expand the workforce at Humanize. Mitra believes that the future of technology services will be driven by an AI-led core that delivers business-centric use cases. He said, "Our AI IP will drive agility and acceleration and leverage human acumen behind each solution. Within the first five years of operations, we are looking at onboarding 80-100 customers and building an 800-1,000 people team. Our revenue mix will significantly shift towards a non-linear model from the third year onwards, leveraging our AI platform." Humanize's GenAI platform aims to streamline the process of capturing requirements using prefilled templates, making coding easier with synthetic data and automated testing, thereby reducing deployment cycle time by 15% to 25%. Sachin Alug, CEO of NLB Services, said, "Humanize is equipped to redefine this course, and we believe that its platform on an AI-integrated SaaS stack will be a game-changer for digitizing enterprises." The platform developed by Humanize integrates CRM, BPM, data, and ERP with AI, aiming to disrupt traditional IT services through a combination of AI and SaaS playbook. The company's "services as a software" approach promises a 20% reduction in implementation time leveraging better documentation, testing, and customization. Initially, US-based Humanize will focus on markets in India, the Middle East, and the US. As part of its long-term strategy, the company plans to explore other markets such as Southeast Asia, Germany, the Nordics, the United Kingdom, Australia, and Japan.

NLB Services invests in IT Industry Leader Jagdish Mitra's industry-first GenAI IP-powered SaaS services venture Humanize

Ø The proprietary platform assures a 15-20% reduction in implementation time through zero-touch design, documentation, testing, and customization Global technology and digital talent solutions provider NLB Services announced their investment into Humanize, an industry-first GenAI 'Low-Code/No-Code' integrated Industrial SaaS venture by IT industry veteran Jagdish Mitra. NLB Services has invested an undisclosed amount into the technology solutions company, the majority of which will be directed toward scaling technology and R&D, developing the AI platform, creating CoEs, and expanding the workforce. Sharing his views, Mr. Jagdish Mitra, Founder & CEO of Humanize, said, "Humanize's sole objective is to accelerate time-to-market for enterprises. We do it by harnessing the power of two technology hotspots - AI and SaaS (Low-code/No-code). We strongly believe that the future of technology services will be driven by an AI-led core that delivers business-centric use cases. Our AI IP will drive agility and acceleration and leverage human acumen behind each solution. We have found the right partners with NLB Services in our journey. NLB's global talent acquisition capabilities and expertise in Digital, Analytics, and Infrastructure are well-positioned to establish Humanize as a leader. Within the first five years of operations, we are looking at onboarding 80-100 customers and building an 800-1000 people team. Our revenue mix will significantly shift towards a non-linear model from Year 3 onwards, leveraging our AI platform." "AI has been at the forefront of every technological conversation over the past decade. However, AI deployment and usability need to gain momentum across industries. Humanize is equipped to redefine this course, and we believe that its platform on an AI-integrated SaaS stack will be a game-changer for digitalizing enterprises. We always believed in the augmented capability of talent and technology. This investment will allow us to expand our service offering portfolio and help us create additional avenues to work with our diverse range of clients globally." added Sachin Alug, CEO of NLB Services. While Humanize will offer a sector-agnostic portfolio, it will continue to develop AI-led Industrial SaaS cases, especially across the BFSI, Retail & Consumer Goods, Manufacturing, Technology & Media, and Automotive sectors. "Built on plug-and-play industry use cases on enterprise SaaS stack and powered by GenAI accelerators, our solutions will help enterprises with faster time-to-market by 15-20%. To aid our journey, we will be extensively hiring SaaS experts, full-stack engineers, data scientists, GenAI specialists, & Industry experts." added Mr. Mitra. Humanize aims to revolutionize the tech industry with a platform integrating CRM, BPM, Data, and ERP with AI. Combining AI with SaaS seeks to disrupt traditional IT services. The company's "services as a software" approach promises a 20% reduction in implementation time through zero-touch design, documentation, testing, and customization. Humanize will offer a comprehensive service portfolio on enterprise SaaS stack addressing various business layers and aims to redefine the industry by focusing on delivering value and business-as-a-service rather than traditional methods with the power of AI. Headquartered in the USA, Humanize will initially focus on India, the Middle East, the U.S., and the Global Capability Center and, in the long term, explore international markets like Southeast Asia, Germany, the Nordics, the United Kingdom, Australia and Japan. Aligned with the Indian Government's Viksit Bharat Scheme introduced in the Union Budget 2024-2025, Humanize also aims to employ more than 100 interns in its initial years of operation. The Generative AI market is expected to grow at a CAGR of 40%+ over the next 10 years globally, and the rising demand for generative AI products could add about $280 billion of new software revenue. Humanize is well positioned to capitalize on this market's growing prowess. About NLB Services Founded in 2007, NLB Services is one of the fastest-growing global technology and digital talent solutions providers. Our deep understanding of our client needs and rich industry experience back our comprehensive range of technology and digital talent solutions. Headquartered in Alpharetta, Georgia, our vast global presence and unyielding customer centricity have enabled us to forge strategic partnerships with leading Fortune 500 companies worldwide. We are a strong team of over 8000 professionals with unparalleled domain depth and digital expertise. To know more, please visit https://www.nlbservices.com/ About Humanize Humanize is an innovative technology solutions provider specializing in AI and Gen-AI integrated Industrial SaaS solutions. We create industry-centric solutions as plug-and-play platforms built on Enterprise SaaS stacks powered by AI/ GenAI accelerators. Our partner ecosystem and group of companies combined can deliver digital product engineering, analytics, CX, business process services, and talent management solutions across 20+ countries today. We blend advanced technology with core human values like empathy and collaboration to enhance agility, acumen, and acceleration of business evolution. For more information, please visit https://www.humanizetech.ai/

Former Tech Mahindra India President Mitra launches a new venture

Jagdish Mitra, founder and CEO of Humanize, said, "Humanize's sole objective is to accelerate time-to-market for enterprises. We do this by harnessing the power of two technology hotspots -- AI and SaaS (low-code/no-code). We strongly believe that the future of technology services will be driven by an AI-led core that delivers business-centric use cases."

NLB Services invests in IT Industry Leader Jagdish Mitra's industry-first GenAI IP-powered SaaS services venture Humanize

Noida (Uttar Pradesh) [india], August 21: Global technology and digital talent solutions provider NLB Services announced their investment into Humanize, an industry-first GenAI 'Low-Code/No-Code' integrated Industrial SaaS venture by IT industry veteran Jagdish Mitra. NLB Services has invested an undisclosed amount into the technology solutions company, the majority of which will be directed toward scaling technology and R & D, developing the AI platform, creating CoEs, and expanding the workforce.