Glean Tech Launches Bengaluru AI Hub in India's Tech Scene
Published Date: 05/07/2024
US-based AI company Glean Technologies launches its first office in India, marking a significant milestone in its global expansion plans.
Glean Technologies, a pioneering artificial intelligence company based in the US, has announced the launch of its first office in India, located in Bengaluru. The new office will serve as the centre of operations for India, housing finance, sales, research and development (R&D), and business operations functions. This innovation site is poised to play a key role in enabling Glean's customers to deploy GenAI assistants and applications at scale globally.
As a leader in the AI space, Glean Technologies is committed to empowering Indian enterprises through advanced AI technologies. The company is actively expanding its customer base in the Asia-Pacific region, forging partnerships with leading enterprise companies. This includes a top Southeast Asian commercial bank, the leading ridesharing platform in the region, a global electronics and entertainment company, and a global automotive manufacturer.
The launch of the Bengaluru office underscores Glean's commitment to the Indian market, where it plans to triple its headcount to over 450 from 150 by next year. The firm is establishing itself as a day-zero employer at the top 5 IITs, having already recruited 12 top students since December 2023.
Glean Technologies has achieved remarkable growth, with over $350 million raised from top venture capital firms, including General Catalyst, Kleiner Perkins, Sequoia Capital, and Lightspeed. The company is currently valued at $2.2 billion, with an Annual Recurring Revenue (ARR) growing at an impressive rate of 300 per cent year-on-year.
The new office, spanning about 26,000 square feet, features a dedicated cafeteria, a games room, and collaboration spaces designed to foster an environment conducive to innovation and growth. The company's roadmap for the next five years is ambitious, focused on advancing the frontiers of generative AI and agentic automation.
Since introducing its platform offering, Glean Technologies has seen continued demand from enterprises seeking generative AI solutions that meet their stringent security, data governance, and permissions requirements. The company has already enabled over 100 companies to create and deploy more than 1,000 unique AI apps and agents, marking a significant milestone in its mission to democratize AI adoption.
With its new office in Bengaluru, Glean Technologies is poised to write a new chapter in India's AI story, driving innovation and growth in the region.
FAQS:
Q: What is the location of Glean Technologies' new office in India?
A: Bengaluru
Q: How many employees does Glean Technologies plan to hire in India by next year?
A: Over 450
Q: What is the current valuation of Glean Technologies?
A: $2.2 billion
Q: What is the focus of Glean Technologies' roadmap for the next five years?
A: Advancing the frontiers of generative AI and agentic automation
Q: How many unique AI apps and agents have been created and deployed using Glean Technologies' platform?
A: Over 1,000