Updated 10 June 2025 at 20:53 IST
What does it take to build a globally trusted AI platform from the ground up? In this conversation, the Founder and CEO of nRoad, Mr. Aashish Mehta shares his journey from a small town in Karnataka to creating an enterprise-grade AI solution now integrated with Linedata. Guided by clarity, conviction, and a focus on real-world impact, he reflects on the pivotal moments that shaped his path—bootstrapping a deep-tech venture, staying disciplined in the face of complexity, and committing to vertical intelligence as the foundation for the future of enterprise technology. This is a story of purposeful innovation and a belief that precision matters.
1. Your professional journey spans finance, technology, and data. What were the defining moments that shaped your path as an entrepreneur — and ultimately led to the founding of nRoad?
I grew up in Nipani, a small town in Karnataka, and attended boarding school in Warana Nagar. That early experience shaped me, teaching me resourcefulness and a people-centric approach to problem-solving. After earning my engineering degree at GIT Belgaum, I pursued an MBA in Finance in the U.S., initially aiming for a front-office role. However, an internship at a large financial firm quickly showed me that the corporate path wasn't for me.
Instead, I joined a scrappy, fast-paced, and hands-on venture-backed fintech startup in Boston, which proved to be a much better fit. Since then, I've built and successfully exited multiple ventures, including Corporate Fundamentals and Rage Frameworks. My constant focus has been on improving financial operations through scalable technology, operating at the intersection of finance and tech.
Throughout my career, particularly in data systems and how organizations leverage information for decisions, a critical gap consistently emerged: vital business information—like credit memos, regulatory filings, and contracts—was trapped within unstructured documents. This made it inaccessible to machines and disconnected from crucial analytics. This insight directly led to the founding of nRoad. Our mission was to build a platform that brings structure to unstructured financial content, empowering organizations to make faster, more confident decisions at scale.
2. You chose to build without external capital. What drove that decision, and how did it shape your journey as a founder?
The decision was driven by focus. We were working on a technically complex problem that required time and depth. Staying self-funded allowed us to prioritise architecture and product quality without external pressure. Every decision had to be tied to real value, not optics. It also shaped our hiring and execution. We stayed lean, worked closely with customers, and built for enterprise standards from the start. That discipline continues to guide how we operate.
3. How has your leadership style evolved from the early build phase of nRoad to now leading a global AI platform as part of Linedata?
In the early phase, leadership meant being hands-on: making quick decisions, resolving blockers, and working closely with the product. As the company grew, the focus shifted to building systems that could scale, operationally and culturally. Post-acquisition, the role and our scope have expanded. It is now about alignment and ensuring that product direction, platform capabilities, and customer needs stay connected as we scale across markets. What has remained constant is clarity: being clear on the problem we are solving and staying focused on execution.
4. What have been some of the most difficult decisions you have had to make as a founder - and what did they teach you about yourself?
One of the most challenging decisions we faced was maintaining a narrow focus on our core problem: unstructured financial data. While commercially attractive adjacent opportunities constantly emerged - especially when engaging with large enterprises—we consciously chose depth over breadth. This approach came with its trade-offs, but it profoundly taught me the importance of restraint and clarity. Building truly deep technology often requires saying "no" far more often than "yes." This steadfast alignment with our company's core thesis has been instrumental in building something that is not only differentiated but also highly dependable.
5. Many platforms automate processes, but CONVUS interprets and contextualises unstructured data. What led you to this deeper, domain-first approach?
Enterprise documents are not uniform. They vary in structure, language, and complexity. In financial services, the risk of misinterpretation is high. Automation alone cannot solve that. We built CONVUS to go beyond text extraction. It combines machine learning, computer vision, and advanced language models to understand documents the way a domain expert would. We also anchored the system in statistical validation to reduce model errors. This architecture was necessary to deliver outputs that are not only fast but accurate and usable in business-critical workflows like investments, credit underwriting, and compliance.
6. When you were building CONVUS, what were some early assumptions that were challenged — and how did you adapt?
We assumed that financial documents within the same category would follow standard formats. In practice, the variation was far greater than expected—not just in layout, but in how data was presented and what terminology was used.
To address this, we made the platform more flexible. We moved towards modular processing pipelines, trained our models on specific financial documents, and introduced validation layers to catch anomalies. This shift helped improve both reliability and coverage across document types.
7. In your view, what separates truly enterprise-ready AI platforms from those that remain experimental?
There are four main factors: reliability, explainability, scalability, and enterprise IP protection. For enterprise adoption, especially in regulated sectors, the technology must deliver consistent outputs, and the results must be traceable. At nRoad, we focused early on integrating statistical checks into our pipeline and training our models on real financial data. The result is a system that can perform at scale, with low error tolerance, and with outputs that a business leader can act on without needing to interpret the model.
8. Do you believe enterprises are beginning to shift from general-purpose AI tools to vertical intelligence platforms - and why is that important?
Yes, and it is already visible in procurement and adoption patterns. General-purpose AI models are broad, but they do not offer the precision or assurance required for decision-making in sectors like finance. Domain-specific platforms like CONVUS are trained on the language and logic of the specific industry and internal data. They understand financial documentation, regulatory nuance, and operational context. That focus is what makes the insights usable, and that is where enterprise demand is shifting.
9. As someone who has built and scaled with discipline, how do you define success today — and has that definition changed over the years?
In the early phase, success was about solving the core problem and validating our approach with enterprise customers. Now, success is about scale without dilution: delivering the same level of precision and reliability across geographies, clients, and use cases. It is also about continuity. The values we built nRoad with—such as depth, clarity, and purpose—still define how we operate, even as part of a larger organisation.
10. What advice would you offer to entrepreneurs building in deep-tech or enterprise AI — especially those not following a venture-backed path?
Build for the problem, not for the market narrative. In deep-tech, outcomes matter more than speed. If you are self-funded, use that flexibility to get the fundamentals right - including the architecture, team, and use case validation. Avoid chasing breadth early on. Listen to your customers and prospects. Enterprise customers do not adopt based on vision alone. They adopt based on trust, output quality, and domain alignment. That takes time to build, but once you have it, the foundation is strong.
Published 6 June 2025 at 17:38 IST