Indians Make The Country Proud, 2 Feature In Forbe's 40 Under 40 List

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The American magazine Fortune in its annual list of the 40 most influential people in the business named two people of Indian-origin on their 40 under 40 list.

Written By Ankita Chakraborty | Mumbai | Updated On:
Indians

The American magazine Fortune in its annual list of the 40 most influential businesspersons named two people of Indian-origin on their list. The American magazine named Arjun Bansal, Intel’s Vice President of artificial intelligence software and the Al lab. For the second name, the magazine chose Akriti Bose, co-founder and CEO of the fashion platform Zilingo. The magazine mentioned both their names, stating that these two are inspiring people worldwide, to chase their dreams. 

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Fortune's most influential 

Arjun Bansal, aged 35, is the Vice President of artificial intelligence software and research at the semiconductor giant Intel. The magazine stated that the semiconductor giant Intel has ‘a lot on his plate’. The team headed by Bansal has nearly 100 workers, scattered throughout the US, Israel and Poland. The team works on AI technologies like reinforcement learning and natural language processing in lieu of keeping Intel’s silicon chips working with the latest AI software, according to the magazine. One of Intel's key AI projects involves specialised computer chips developed by Nirvana. Nirvana is the startup co-founded by Bansal and acquired by the chip giant in 2016 in a deal reportedly worth over $350 million, according to reports.

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Akriti Bose, aged 27, launched the four-year-old Singapore-based startup after visiting Bangkok's Chatuchak market. She realised that the merchants had no easy way to sell their goods online after visiting the city. This gave birth to the fashion platform Zilingo. The company further expanded, tapping into Southeast Asia’s blooming internet connectivity and smartphone adoption. The company's latest round of funding in February led by Sequoia Capital and Temasek Holdings valued the firm with 600 employees spread across eight countries at $970 million.

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"What started as an aggregator of small fashion retailers has since expanded into business-to-business offerings, such as supply-chain tools, and has tapped into Southeast Asia's booming Internet connectivity and smartphone adoption," according to the magazine.

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(With PTI inputs)

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