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OfBusiness Reduced Tech Team Size By 25% Due To GenAI Interventions: Nitin Jain

  • B2B marketplace unicorn OfBusiness has reduced its tech team headcount by 25% due to GenAI interventions.
  • The reduction in the tech team size has not affected OfBusiness's operational efficacy, as they track ROI with the deployment of both GenAI and Machine Learning models.
  • OfBusiness focuses on M&As in the manufacturing sector, where GenAI deployment has facilitated ease in research and curation for nearly 100,000 MSME on an active basis.
  • PhysicsWallah, an IPO-bound edtech company, has seen an acceleration in its doubt solving engine by deploying GenAI, reducing costs by 1/10th of the previous expenses.

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