Former Tech Mahindra India business head Jagdish Mitra has set up an AI startup with a proposed initial investment of Rs 65-80 crore. The startup is likely to commence operations in the next three months. We will start going to customers in 8-12 months. Initially, we will invest USD 8-10 million, Mitra -- one of the contenders for the post of Tech Mahindra CEO position after CP Gurnani resigned -- told PTI. Cost arbitrage factor, driven by manpower, is going to be seriously impacted. It... Read this story
