Ex Microsoft APAC President Launches kAIgentic With $10 Mn Funding To Build AI For Global Enterprises

by · Inc42

SUMMARY

  • Former Microsoft APAC president, Ahmed Mazhari, has launched agentic AI startup kAIgentic in strategic partnership with a $10 Mn investment from SMBC Group, one of the largest Japanese financial groups
  • kAIgentic is beginning its operations with SMBC Group as its first customer, allowing the startup to test AI systems inside real banking workflows before expanding to other sectors
  • The launch comes amid a broader shift in the SaaS ecosystem, with enterprise AI projected to account for $71 Bn of India’s $126 Bn AI market by 2030