IITian once rejected Stanford PhD, Rs 4 crore job to work on his AI startup. Today his business raised $61 million
Published on: Nov. 7, 2025, 6:43 p.m. | Source: The Economic Times
IIT Kharagpur alumni Varun Vummadi and Esha Manideep secured $61 million in Series A funding for their AI startup, Giga. They famously turned down lucrative academic and corporate offers to pursue their entrepreneurial vision. Giga simplifies Large Language Model usage, offering faster, cheaper, and specialized AI solutions for enterprises.
