The Story of Two Brothers Who Co-founded an AI Startup at 20 and 17

The Story of Two Brothers Who Co-founded an AI Startup in Mumbai!

In this episode, Raghav Aggarwal, the co-founder of Fluid AI talks about his journey from starting a tech business at 20 along with his younger brother Abhinav Aggarwal, how they pivoted the business and how they grew the business from one niche to another, into an AI startup.

Fluid AI Startup Raghav Aggarwal

Who is Raghav Aggarwal?

Raghav Aggarwal is the cofounder and Managing Director of Fluid AI. He started the company when he was in his final year of Undergrad when he was just 20. He started the company along with Abhinav Aggarwal who was just 17 and his 12th grade when the company got its start. Raghav dropped out of his MBA at IIM Ahmedabad and Abhinav dropped out of his MBA at ISB Hyderabad to continue to scale the company. While both have studied finance Raghav being a CFA and Abhinav a CA they always had a passion for coding and were self-taught coders, who were winners at one of the world’s biggest 24-hour coding competitions, the TechCrunch Disrupt Hackathon in New York.

Their entrepreneurial journey took them from a 2-person start-up to the cover of Forbes Magazine in June 2017. Today Fluid AI has a 65 member strong team in 5 countries and works with some of the world’s largest companies including Bank of America, Mastercard, Vodafone, Barclays, Toyota, Emirates NBD Bank, Government of Mauritius and closer home with the likes of HDFC, ICICI and Reliance Jio.

Raghav and Abhinav have been covered in the Forbes 30 under 30 Asia list and the Fortune 40 under 40. Fluid AI has been selected by Entrepreneur magazine in their tech 25 list and was also the Winner of the Frost and Sullivan Artificial Intelligence Award. The company has been selected by both Forrester and Gartner as a top AI solutions vendor in their respective reports. The company also won the IBM Best Deep Tech Start-up award.

Both are avid speakers and are excited by the power of AI. They have spoken at over 30 conferences globally including several TEDx talks.

You need to enjoy what you're doing. A lot of people I meet are focused on how far they can go, but I think it's also important to think about how much fun you're having when you're pushing that hard. @aggarwalraghav #happiness… Click To Tweet

Why Should You Listen to Raghav Aggarwal?

There are plenty of reasons why you should listen to Raghav. Let me give the top 3:

  1. He cofounded a company at the age of 20 along with his younger brother in 2008 that eventually turned into an AI startup.
  2. Raghav didn’t start with a business plan, but by spotting an opportunity and evolved the business to where it is today.
  3. The two brothers were featured on the cover of Forbes, and created the first AI-cover for Forbes for it’s 100 year anniversary edition.

Focus on the people. A lot of times it's easy to get caught up in the tech. But if the team is a good strong team with high motivation, they're going to keep on performing. @aggarwalraghav #entrepreneurship #mindset #work Click To Tweet

What You’ll Learn from this Interview?

Raghav talks about a lot of things in this interview. Here are specific things you’ll learn:

  1. Raghav shares the story of how he and Abhinav got started with business.
  2. He talks about the influence of his family on him and the business.
  3. His story from starting a portal for exam papers to creating a learning management system, to creating an AI startup.
  4. Raghav goes on to explain how AI-powered systems work, addresses my questions on privacy and trust.
  5. He talks about how they got on the cover of Forbes on its 100th anniversary edition.
  6. He shares the questions he’s been asked back when he started the company and the kind of questions he gets asked about AI today.
  7. Raghav also talks about the reason why his AI startup is based in Mumbai, and not in the Silicon Valley or Bangalore.

and so much more!

How Can You Listen?

Raghav’s interview is available in audio.

Direct Link to Audio

How to Get In Touch with Raghav Aggarwal?

Website: Fluid.ai

LinkedIn: @trutech

Forbes Article: Click here to read

Thanks for Listening!

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Special thanks to Raghav Aggarwal for taking time to join me this week.

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