Sramana Mitra: What happened to the company? Prashant Warier: I got an exit in 2015. Somebody wanted to acquire the technology and use that for customer
Prashant has built a wonderful Healthcare AI company with 1600 customers worldwide. This is extremely sophisticated navigation. Please read on to learn the nuances. Sramana Mitra: Let's start at the very beginning of your journey. Where are you from? Where were you born and raised? What kind of background? Prashant Warier: I was born in a very small town in India. I grew up there and went to school there. When I was in high school, the general trend was that you either became an engineer or a doctor. I chose the engineering path and went to IIT Delhi. Then I went on to do PhD and start multiple companies. Sramana Mitra: You were in India all along? Prashant Warier: I did my Bachelors in IIT Delhi and then went to the US to do a PhD. The career options are limited. Either you do a PhD or an MBA. I was good in math, so I was always interested in doing applied math. My PhD was in Operations Research. Operations Research involves a lot of optimization, probability and statistics
Sramana Mitra: Your friend gave you some money and gave the money back. What other financing has happened? Ankush Sabharwal: My two friends who joined as co
Sramana Mitra: How much money did you make this way – from advertising? Ankush Sabharwal: It's more money than we would have made through subscription. Sramana
Sramana Mitra: You were working at Ultisource when you negotiated with Indian Railways? Ankush Sabharwal: Yes. In the appraisal cycle when I was about to quit