Chaitanya Laxman, a 25-year-old accomplished serial entrepreneur today unveiled his most ambitious venture yet, Laxcorp. Headquartered at WeWork Prestige Atlanta, Koramangala, Bangalore, Laxcorp is an AI company with a bold mission to ethically progress technology for empowerment and positive impact across industries. “We are thrilled to officially launch Laxcorp and introduce our vision to proactively shape an inclusive, progressive future with responsible AI solutions. Our incredibly talented team gives us an invaluable foundation to maximise our contributions to society," said Chaitanya. The Driven Founder Chaitanya brings years of expertise in founding startups, building enterprise products and leading engineering teams. At B2B SaaS provider TechLabs, Laxman pioneered innovations in learning management systems and enterprise integration, building it into a leader in its category. After a successful exit of a whopping ₹30.6Cr from TechLabs, Chaitanya stayed at LeadSquared, a billion-dollar SaaS company, to head its US Cloud initiatives. This record of consistently identifying emerging needs, developing category-defining products, and leading engineering teams put Chaitanya in the top tier of startup founders and technologists nationwide. Now, he is channelling his expertise towards artificial intelligence, assembling a world-class team to build Laxcorp as innovators at the intersection of AI and SaaS. Building an All-Star Team At Laxcorp, he has assembled a world-class team of AI PhDs, veteran product experts, and engineering leaders to match its bold vision of developing transformative AI for good. While small in size, the team packs a powerful punch when it comes to building innovative high-velocity products. Heading up software engineering is Adittya, a veteran who honed his talents at RailYatri, Quincus and PlanSource, where he architected infrastructure supporting millions of users. Other team members include Indrajith, Sathwik who are ex-Gojek, and Goldman Sachs. Leading Laxcorp's elite team of data scientists is Narendra Babu, a Ph.D. from IIIT Hyderabad with an extensive academic background developing cutting-edge machine learning algorithms. Narendra is serving as a Chief Data Scientist at Laxcorp to build innovative AI solutions. "Our engineering team intimately understands how to construct secure systems that intelligently leverage data at a massive scale. Their backend expertise wonderfully complements our data science team," explained Chaitanya. Rounding out Laxcorp's all-star team are product/UX expert Krishna Sil and product developer Vishal Soni. Sil previously collaborated with Chaitanya at TechLabs, managing design and product requirements that resulted in highly intuitive, user-centric interfaces. His deep understanding of customer needs will ensure that Laxcorp's solutions are accessible to all. Vishal is a gifted developer experienced at rapidly bringing concepts to life as polished web applications. Together Krishna and Vishal instil Laxcorp's offerings with human-centric design and seamless functionality. Together, these engineering leaders bring over 30 years of collective experience in designing, building, and operating complex platforms at a massive scale. Their technical expertise will ensure that Laxcorp's AI solutions can make the biggest real-world impact with velocity and reliability. Chaitanya believes the team itself is Laxcorp's secret weapon. "We've fostered an environment where exceptional individuals can invent freely. Their creativity is already generating groundbreaking innovations," he added. Innovative Products Tackling Pressing Needs Laxcorp is primed to deliver AI solutions that redefine what's possible through products tackling four pressing needs: Node0 helps developers overcome the challenge of securing applications by providing an intuitive API platform to easily integrate protections. Nexus modernizes outdated recruitment practices by optimizing how companies evaluate and match candidates based on potential, not just credentials. CiaraAI alleviates difficulties resolving issues in complex enterprise environments via natural language conversations and contextual responses. TensorLearn tackles the growing tech skills gap by making hands-on education in emerging fields accessible. The Time is Now for AI Innovation When asked about the impetus behind launching now, Chaitanya explained: "There couldn't have been a better time to innovate in the AI space. Every day we are seeing AI models becoming more and more efficient. Tech entrepreneurs around the globe are starting to build solid use cases around that technology. It’s exactly like what happened in the 90s when the internet, web browsing, and website indexing capabilities of search engines gave birth to companies like Google, and Amazon. The so-called “.com bubble”. Only this time it’s not a bubble. AI is here to stay and will change the very fundamentals of how software solves a problem. A lot of Enterprises are very appreciative of the cost-cutting capabilities (laughs) of AI and automation. For instance, the higher the number of support inquiries that can be fully automated by CiaraAI, the greater the cost reduction." Studies show AI can automate 50-70% of routine support contacts. Enterprises with large, complex, and costly human support teams have greater room for efficiencies and cost savings. The deeper CiaraAI is integrated into the software systems, the more issues can be automated end-to-end. So, it’s safe to say that for a large enterprise, we estimate CiaraAI could likely reduce total customer support costs by 40-60%.” Prioritising Product-Market Fit and Capitalising on Traction When asked about fundraising plans, Chaitanya clarified: "We are not particularly worried about the investments as of now. We have enough capital to launch our products and already working with a bunch of pilot customers, as we speak. I personally believe in showing value in terms of traction, basically product market fit. Once PMF is sorted, it's easier for a founder to bargain valuations on his terms, Investors are not going anywhere”. He continued, "Our products prove AI, when developed thoughtfully, can massively benefit people, and enterprises - not just corporate profits. We passionately believe technology should serve humanity's needs.” This ethos permeates Laxcorp's human-centric design philosophy and company values like diversity, transparency, sustainability, and excellence. Laxcorp welcomes partners, investors, and talent globally who are passionate about advancing AI to shape an inclusive, progressive digital future.
