Latest news with #FindabilitySciences
Time of India
25-07-2025
- Business
- Time of India
NSBT and Findability Sciences launch Integrated AI Lab
Nath School of Business & Technology (NSBT) recently joined hands with AI company Findability Sciences to establish an AI Lab in Chhatrapati Sambhaji Nagar . This extends their existing partnership. Findability Sciences also has a similar partnership existing with Worcester institute, US. Students enrolled in the BCA (Artificial Intelligence & Data Science) program will gain hands-on exposure to generative AI, machine learning , and natural language processing (NLP). Anand Mahurkar, Founder & CEO, Findability Sciences, 'At Findability Sciences, our journey in Shambajinagar has always been anchored in talent, not location. Collaborating with NSBT, we're bringing world-class AI infrastructure and mentorship right here—to create an ecosystem where students solve real problems, contribute to global innovation, and uplift their own communities.' 'Quality tech education, jobs, and innovation can emerge from small towns, not just big tech hubs,' said Harsh Vardhan Jajoo, Director of NSBT.
Time of India
16-07-2025
- Business
- Time of India
AI Appreciation Day: Celebrating innovation and impact
AI Appreciation Day , observed annually on July 16, celebrates the transformative power of artificial intelligence in shaping our world. From enhancing healthcare diagnostics to streamlining business operations, AI drives efficiency and innovation across industries. This day honors the researchers, engineers, and visionaries who advance AI technologies, making life more connected and insightful. It's also a moment to reflect on ethical AI development, ensuring inclusivity and fairness. Here's what some industry leaders have to say on AI's contributions and potential: Anand Mahurkar, CEO & Founder of Findability Sciences On AI Appreciation Day, we celebrate the incredible strides AI has made in reshaping industries and enhancing daily life. While the challenges of coding complexity and data volume continue to grow, the opportunities to innovate, improve efficiency, and make smarter decisions are limitless. As AI evolves, it paves the way for a brighter, more intelligent future for all. Rajeev Singh, Managing Director, BenQ India and South Asia by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like An engineer reveals: One simple trick to get internet without a subscription Techno Mag Learn More Undo As we celebrate AI Appreciation Day, it's clear that people expect more from smart brands than just automated features - they're seeking technology that understands, adapts, and truly adds value to their daily lives. In India, we're witnessing a remarkable evolution: consumers are moving past surface-level AI toward solutions that address authentic challenges and drive meaningful improvements. Dr Tridib Mukherjee, Chief Data Science and AI Officer at Games24x7 AI is fundamentally reshaping how businesses operate and innovate within India's fast-paced digital economy. Today, embracing AI has become essential for keeping pace with evolving industry demands and unlocking new opportunities. One of the clearest signs of AI's growing influence is the wave of entrepreneurial interest in the area. Pankaj Rana, CEO, Hisense India On AI Appreciation Day, we're reminded that the true power of artificial intelligence lies not in complexity, but in its ability to intuitively simplify our lives. The best AI quietly adapts to people learning preferences, enhancing comfort, and making everyday living more efficient from behind the scenes. Parag Khurana, Country Manager, India, Barracuda Networks It is not an overstatement to say that the adoption of AI is moving at breakneck speed. The ease of using generative AI to create and enhance content is having a far-reaching impact on people's lives. AI tools and capabilities continue to evolve. Unfortunately, the AI-based tools that are powering innovation, productivity, and efficiency in business are also being used by cyber attackers to develop and scale increasingly complex, sophisticated, and evasive cyber threats. Organisations need their own, powerful multimodal AI security that can detect and neutralize AI-based attacks regardless of whether they are delivered in an image or a QR code, and even if the language and sender seem completely legitimate. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
14-05-2025
- Business
- Time of India
How these Sambhajinagar youth became world-class AI engineers
Shravan V Inamdar (centre, sitting), data scientist at Findability Sciences, along with his colleagues at the company's office in Chhatrapati Sambhajinagar Talk to almost anyone in India's software circles about building global-class products from unexpected places and the conversation quickly lands on Sridhar Vembu's Zoho experiment. The billionaire moved swathes of his SaaS giant from Chennai and the Bay Area to tiny Mathalamparai in Tamil Nadu, showing that high-end engineering can thrive amid paddy fields as much as inside glass towers. But 1,200 kilometres to the north-west, an equally audacious story has been unfolding, quietly, inside an industrial city better known for mediaeval caves than machine-learning models. Chhatrapati Sambhajinagar , formerly Aurangabad, is Maharashtra's fifth-largest urban centre. It is here that Boston-headquartered Findability Sciences has spent the past decade quietly turning 100 young men and women from low-income families into artificial intelligence engineers. Anand Mahurkar, the CEO and founder of Findability Sciences, calls them 'the finest AI engineers on Earth'. Nearly all are first-generation graduates; many grew up in humble dwellings on the edge of the city. None arrived with the skills the company needed. 'The education system simply doesn't teach what we require,' Mahurkar rues. 'So we start from scratch – two years of painful, unproductive work for us, but absolutely transformative for them.' Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Transform Your Child's Confidence with Our Public Speaking Program Planet Spark Book Now Undo Those two years resemble a crash-course in scientific thinking rather than typical corporate upskilling. The recruits begin with remedial mathematics before spending months on probability, linear algebra and statistical theory. Programming comes later. 'Anyone can learn to code today – LLMs can write decent boiler-plate code,' Mahurkar argues. 'But without a rigorous grounding in statistics, you cannot frame or validate an AI model. Maths is the oxygen, while coding is merely the plumbing.' The company partners with Dr Babasaheb Ambedkar Marathwada University's statistics department. Professors moonlight as in-house trainers. Recruits handle messy datasets from day one, sales ledgers, satellite imagery, crop-sensor feeds, and must defend their modelling choices at weekly colloquia. By the time their two-year apprenticeship ends, they have built at least one production model for a paying customer. The results are hard to dispute. Findability's Sambhajinagar team now designs, trains and maintains every one of the company's enterprise-AI products, serving more than 60 large customers across the US, Japan and India. They have built demandforecasting engines for Daikin's vast Texas air-conditioner manufacturing plant. 'We give them annual savings of 20 to 30 million dollars,' Mahurkar says. 'We tell them which models will sell in which regions, and where to stock those models, which distributors will buy them, and why. All this with 95 per cent accuracy.' Another success story comes from a sugar manufacturer in South America, where Findability's AI optimisation model increased sugar yield by 2.5 per cent, adding $5 million to the company's bottom line. Retention is also startlingly high for the company: many engineers have stayed seven or eight years, an eternity in India's jobhopping tech culture. The reason, Mahurkar believes, is clear intellectual ownership. 'They are not anonymised resources on a bodyshopping bench. They see the sugar yield tick up because of their optimisation loop. They hear the Daikin foreman say he finally knows what to stock in Florida.' Humble beginnings That global footprint belies Findability's bootstrap origins. Mahurkar grew up in Ambajogai, a village 400 km east of Mumbai. A national scholarship trimmed his college fees at Sambhajinagar's Government Engineering College to Rs 250 a year. In the 1990s he joined Mumbai-based Datamatics, rose through the ranks and was shipped to Boston to help flog document-management software. 'I watched American salespeople fail, encroached on their turf, and grew the business from $4 million to $40 million,' he recalls. By his mid-thirties he was Datamatics' president, responsible for 10,000 staff. Entrepreneurial itch prevailed. In 2010, he registered the neologism 'findability' with the US patent and trademark office, 'I own that word, it's very common now though,' he tells us with a laugh and set about building a platform that could stitch together a corporation's scattered data. 'Every organisation needs the ability to find information,' he says. 'That was the simple idea.' That idea, that organisations would find it valuable to organise and analyse their disparate sources of data, turns out to be incredibly useful during the AI wave we are going through today. But even back then Mahurkar's approach was noticed. By 2014, Big Data mania was erupting and IBM's Watson group asked him to join its advisory board. Findability's plumbing, what Mahurkar now brands 'data logistics' turned out to be precisely what Watson needed. SoftBank spotted the potential in 2018, offering a joint venture in Japan in exchange for a $7 million minority stake. Mahurkar reluctantly accepted, conscious that he had remained profitable and debtfree since day one. The pandemic tested that discipline: 60 per cent of revenue evaporated in weeks. He refused to sack a single employee and clawed back the lost business over the next year. 'Our noses were bloodied,' he says. 'We learnt by failing.' Throughout those setbacks, Sambhajinagar remained non-negotiable. The city's designation as a Smart Industrial Cluster, Maharashtra's new AURIC zone, finally gave Findability the real estate it wanted. Recently the company bought four acres on which it plans a 700-person AI research campus. 'No more Bengaluru, no more Hyderabad,' Mahurkar insists. 'Quality employment must reach smaller towns. When that campus is full, I can die peacefully.' The social dividend matters to him because he remembers what a 1,000 mechanical-engineering degree did for his own life. 'These kids who joined us used to cycle ten kilometres to school,' he says. 'Now they sit opposite CTOs in Boston and Tokyo, explaining Kfold cross-validation.' Agentic future The firm claims compound annual revenue growth of 25 per cent, all selffunded bar SoftBank's minority cheque. Its 'enterprise forecasting' and 'business-process copilot' products account for the bulk of turnover, and both are built almost entirely in Sambhajinagar. The next frontier is agentic AI – bundling multiple models so that they coordinate like a team of specialists. The prototype, unveiled in January at a local conference, was coded by the Sambhajinagar cohort and is already running pilot projects in manufacturing and agriculture. One sugar client now wants a centre of excellence that can take the optimisation playbook across palm-oil, soybean and rice mills worldwide. For Mahurkar, the commercial expansion is gratifying but secondary. He measures success in human capital. 'When I started, I thought an office with a big hoarding would be enough,' he says. 'Two weeks ago we finally put our name on a building in Mumbai. But the real billboard is in Aurangabad. It tells every student from a small village that statistics, not postcode, decides whether you build world-class AI.'
