InterGlobe Enterprises, C P Gurnani launch AI business venture

Rahul Bhatia, Group Managing Director of InterGlobe Enterprises, which oversees IndiGo, on Tuesday said that its company has partnered with CP Gurnani, the former CEO of Tech Mahindra, to establish ‘AIonOS’, an artificial intelligence (AI) venture. This collaboration focuses on delivering AI services, data engineering solutions, and a data harmonization platform, said Bhatia who informed the company’s vision of integrating AI technology across diverse industries.

According to a company statement, the venture is primarily backed by InterGlobe Enterprises, with the Assago Group chaired by Gurnani also holding a significant stake. AIonOS will connect with the enterprise's existing data sources and minimise the risk of information gaps. Additionally, it will integrate this knowledge to ensure that AI complements and enhances the existing business logic and computational models.

CP Gurnani, Executive Vice Chairman of AIonOS, said, "We are redefining industry standards with Intellios, our Al native platform that enables organizations to initiate their transformation towards cognitive enterprises. We are building SaaS solutions that integrate seamlessly into the fabric of industries such as travel, transport, logistics and hospitality."

Underscoring the financial robustness of the venture that ensures ample funding and operational stability, Gurnani said that the headquarters of AIonOS is located in Singapore, with a global footprint extending across North America, India, the Middle East, Europe, and the Asia-Pacific region.

Furthermore, the operational infrastructure of AIonOS includes key delivery and technology centres situated in prominent Indian cities such as NCR, Chennai, and Hyderabad. Gurnani emphasized the importance of proximity to customers, announcing plans to establish offices in Europe and North America within the next three months. This strategic expansion aims to facilitate closer engagement with clients and capitalize on emerging opportunities in these markets.

With a focus on automating decision-making processes, optimizing workflows, and enhancing customer experiences, AIonOS aims to unlock value for businesses through AI-driven insights and solutions. The venture’s overarching objective is to streamline operations, reduce costs, and maximize productivity across various industries, a company statement said.

India's artificial intelligence market is predicted to witness a meteoric rise, reaching a staggering $17 billion by 2027, according to a joint report by IT industry body the National Association of Software and Service Companies (Nasscom) and consulting firm Boston Consulting Group (BCG). This translates to an impressive annualised growth rate of 25-35% between 2024 and 2027. 

Companies are increasingly investing in AI-powered solutions to optimize operations, enhance efficiency, and gain a competitive edge. With its robust talent pool, rising investments, and increasing adoption, India's AI market is poised to become a global powerhouse, shaping the future of technology in the years to come, the report said.