IITian CEO walked away from a 4 crore job to launch AI startup that simply raised $61 million

Published on: Nov 07, 2025 01:07 pm IST

Varun Vummadi and Esha Manideep, each IIT alums, launched their AI startup Giga in 2023.

Giga, an Artificial intelligence (AI) assist automation startup based by two IIT Kharagpur alums, has raised $61 million in Series A funding led by Redpoint Ventures. An previous LinkedIn submit by one of many founders exhibits how each techies walked away from their high-paying job presents to construct a startup that’s now making headlines.

Varun Vummadi, who co-founded Giga along with his IIT classmate Esha Manideep. (LinkedIn)

Varun Vummadi, in a two-year-old submit, wrote about how he was provided a PhD from a famend college and a high-paying job, however determined to depart all of it to work on one thing of his personal.

Also Read: Indian-American CEO’s hilariously sincere tackle elevating $61 million for startup

“I obtained a PhD provide from Stanford University and a $525K job provide from a global HFT as a quant dealer. We left all these alternatives to pursue our ardour in direction of fixing difficult issues in Machine studying.” He added that his co-founder, Esha Manideep, left a “$150K job as a system engineer position with a distinguished Indian HFT agency.”

The submit, shared a day earlier than Vummadi and Manideep launched Giga, was just lately reshared on X, and it has created chatter.

Social media had so much to say:

An particular person posted, “Wow. Respect.” Another added, “They are certainly the largest threat takers. I like them a lot; sooner or later I wish to do one thing like that.” A 3rd expressed, “This is superb.” A fourth wrote, “Kudos.”

Varun Vummadi shared this LinkedIn submit a day earlier than launching Giga. (LinkedIn)

Who are Varun Vummadi and Esha Manideep?

Varun Vummadi and Esha Manideep had been each featured on the Forbes “30 Under 30 Asia” record in 2024. While Esha Manideep serves as co-founder and CTO of Giga, Varun Vummadi is the CEO and co-founder of the AI firm. Both graduated from the Indian Institute of Technology (IIT), Kharagpur.

Also Read: Billionaires eat collectively and pay everybody’s tab, then Korean fried hen shares soar by 20%

Announcing the $61 million funding, Varun Vummadi tweeted, “We have raised a $61M Series A to automate buyer operations. The world’s main firms like DoorDash belief Giga to supercharge buyer expertise with AI.”

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