Chief of Microsoft-backed UK tech unicorn Builder.ai steps down

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Chief of Microsoft-backed UK tech unicorn Builder.ai steps down

FT previously reported that Sachin Dev Duggal had been named in criminal probe and faced complaints about company culture

Embattled founder of unicorn Builder.ai replaced as CEO

The founder of Builder.ai has stepped down as CEO. Sachin Dev Duggal will be replaced at the London firm, backed by Microsoft and SoftBank, by Manpreet Ratia, a managing partner at Asia-focused investor Jungle Ventures. Duggal – who founded Builder.ai, described as an AI-powered software platform, in 2016 – will remain in the role of ‘chief wizard’. The platform claims to build software and apps up to 6x faster and 70% cheaper than traditional h…

Builder.ai CEO Sachin Dev Duggal says he is stepping down from the London-based startup, which has raised $450M to use AI to develop apps and websites

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