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News Today > Blog > Business > Investment > Glean Technologies Marks Entry into Bengaluru with INR 417 Crore Investment to Revolutionize India’s AI Sector
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Glean Technologies Marks Entry into Bengaluru with INR 417 Crore Investment to Revolutionize India’s AI Sector

Saniya Gowda
Last updated: July 20, 2024 1:31 pm
Saniya Gowda
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Glean Technologies, a California-based enterprise AI startup, has inaugurated its first office in Bengaluru, marking its debut in the Indian market. The company plans to invest up to INR 417 crore ($50 million) over the next two years to enhance its GenAI platform throughout India. This expansion is part of Glean’s strategy to utilize India’s growing AI sector, targeting tech companies and large enterprises.

Known for its AI platform that integrates with enterprise systems to deliver internal knowledge and insights, Glean aims to triple its local workforce to 450 employees by the end of next year. The company has already supported over 1,000 AI applications for more than 100 companies worldwide.

Arvind Jain, Founder and CEO, emphasized the strategic value of the new Bengaluru office, which will handle critical functions such as finance, sales, R&D, and business operations. After a recent $200 million funding round, Glean Technologies is valued at INR 18,366 crore ($2.2 billion) and is excited about growing its presence in India’s tech ecosystem.

This expansion highlights Bengaluru’s role as a major hub for AI and software development, reflecting the rising interest of global tech companies in India’s technology landscape. Furthermore, Glean’s new office is powered entirely by renewable energy, reinforcing its dedication to sustainability.

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TAGGED:BengaluruGenAI platformGlean TechnologiesINR 417 crore investment
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