The Palo Alto-headquartered company’s new Bengaluru office spanning around 26,000 sq.ft. will be the centre of operations housing finance, sales, R&D and business operations functions.
“This office will serve as a crucial hub for our global operations, driving a significant portion of our international projects. In fact, it will be our biggest investment outside of the US…In India, currently we are working with around 5-10 clients and hence we will need a lot of investments in terms of hiring and operations. We would certainly be investing between $10-50 million in the next two years,” Jain told ET in an interaction.
He wants India to be among the top five markets in two years. Currently, most of its business comes from the US, UK, Germany, Japan and Australia.
“We are growing rapidly here and by end of next year we will be three times our size (in people). Bengaluru is our second centre and we want it to be one of the core centres along with Palo Alto where we have about 250 of the total 500 employees at present. We have about 150 employees in Bengaluru, which we will double in two years. We will be hiring in roles across software engineers, people in AI and ML, customer support, finance, legal, sales and marketing, etc,” he said adding it has established itself as a day zero employer at the top five IITs — Bombay, Delhi, Kanpur, Madras and Kharagpur.
Since December 2023, the company has already recruited 12 top students.
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Glean uses generative AI to provide internal document and information summaries within seconds. It extracts and streamlines data without allowing employees to sort through lengthy documents manually facilitating more efficiency at workplace.”Think of Glean as ChatGPT or Google inside your internal company. Within your company there’s a lot of private information in your mails, slack, drives, and Glean connects all internal company information including all internal documents, recordings, etc and answers all your questions using AI,” Jain told ET.
We save people hours of time every week, he added.
Jain, one of the earliest employees at Google India, went on to start recently listed cloud data management and security firm Rubrik. In 2019, he quit operational role at Rubrik to set up Glean Technologies in 2019.
Glean’s annual recurring revenue (ARR) is growing at the rate of 300% year over year. It earns revenue on a subscription model with per user payment on a monthly basis.
The company has so far raised over $350 million from global venture capital players including General Catalyst, Kleiner Perkins, Sequoia Capital, Lightspeed and others, currently valued at around $2.2 billion.
