AI & Software
January 27, 2026

From IIT to Silicon Valley: This Founder is Building an AI Empire Across India and America

Enterprise AI doesn’t fail because models are weak.

It fails because data pipelines break, permissions drift, costs explode, and governance is treated like an annual checkbox instead of everyday operational discipline.

In this episode of Intelligent Indians!, Vikram Vaidyanathan sits down with Rohit Choudhury, Founder & CEO of Acceldata, for a deep conversation on how enterprise data systems actually behave at scale and why AI makes every weak foundation visible.

Rohit’s founder journey mirrors the last 15 years of data infrastructure: from scaling InMobi in the pre-cloud era, to the Hadoop days at Hortonworks, to pioneering data observability, and now pushing into Agentic Data Management as enterprises move from AI pilots to production.

The conversation goes deep into:
1. Why AI POCs often work in one team but collapse at enterprise scale
2. The real cost of fixing data late, and why ingestion is the only place to fix it
3. How AI agents change the stakes: real-time failures, hallucinations explainability and ai updates
4. A practical playbook for CIOs and CDOs: SLAs, rapid experimentation, and leadership upskilling
5. Why cost control is becoming existential, from reruns to cloud bills to private/hybrid AIThe “India edge” in building global enterprise companies, and what DPI × AI could unlock next

Watch the full episode to understand what it really takes to make AI work at enterprise scale.

For more information, write to us: namaste@Z47.com.
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AI & Software
January 27, 2026

From IIT to Silicon Valley: This Founder is Building an AI Empire Across India and America

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Listen to article

Enterprise AI doesn’t fail because models are weak.

It fails because data pipelines break, permissions drift, costs explode, and governance is treated like an annual checkbox instead of everyday operational discipline.

In this episode of Intelligent Indians!, Vikram Vaidyanathan sits down with Rohit Choudhury, Founder & CEO of Acceldata, for a deep conversation on how enterprise data systems actually behave at scale and why AI makes every weak foundation visible.

Rohit’s founder journey mirrors the last 15 years of data infrastructure: from scaling InMobi in the pre-cloud era, to the Hadoop days at Hortonworks, to pioneering data observability, and now pushing into Agentic Data Management as enterprises move from AI pilots to production.

The conversation goes deep into:
1. Why AI POCs often work in one team but collapse at enterprise scale
2. The real cost of fixing data late, and why ingestion is the only place to fix it
3. How AI agents change the stakes: real-time failures, hallucinations explainability and ai updates
4. A practical playbook for CIOs and CDOs: SLAs, rapid experimentation, and leadership upskilling
5. Why cost control is becoming existential, from reruns to cloud bills to private/hybrid AIThe “India edge” in building global enterprise companies, and what DPI × AI could unlock next

Watch the full episode to understand what it really takes to make AI work at enterprise scale.

We are excited about the innovation and growth opportunities in this sector.

If you are considering building in the footwear space, we’d love to chat.
Drop us a line at consumer@matrixpartners.in

Learnt something new? Follow us!

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Index Performance

+28.1%
Since Jan 2024
NIFTY 500
+19.0%
Since Jan 2024

Z47^fortyseven is up +23.9% since its January 2024 base date, versus Nifty 500's +18.4%, ahead by 550 bps.

The cohort moved +4.7% over the month versus Nifty 500's +2.5%, leading by 220 bps.

Anchored in domestic demand and rising digital adoption, the cohort remained resilient amid global headwinds.

Consumer Tech was the best-performing sector at +9.2% last month, driven by sustained growth in consumer demand and strength in consumer-internet platforms.

Largest Constituents  ·  The Names That Anchor The Index

1.
Eternal
Quick-commerce leadership and continued investment
▲ +12.8%
2.
Groww
Broking market-share gains and margin-funding growth.
▲ +10.4%
3.
Lenskart
Store densification and margin expansion.
▲ +2.4%

Top Gainers  ·  Key Drivers

1 MONTH RETURN
1.
CarTrade
Auto-marketplace dominance and a cash-rich balance sheet.
▲ +59.4%
2.
 Amagi Media Labs
Profitability turnaround and AI-led cloud media adoption.
▲ +31.4%

Top Laggards  ·  Key Drivers

1 MONTH RETURN
1.
Fractal Analytics
Enterprise AI spending trends and post-listing share supply.
▼ -10.8%
2.
MedPlus Health
Pharmacy-margin pressure and competitive intensity.
▼ -6.6%

Key Themes  ·  Latest Results

In Q4FY26, Z47^fortyseven's cohort grew top line ~39% YoY, more than 3x the broad market's ~12% growth.

Operating leverage lifted net margins around 500 bps into positive territory, even as broad-market net margins remained roughly flat.

With 40 of 47 companies now profitable, the cohort reflects a broader shift toward profitable growth over growth at any cost.

AI adoption runs deeper across this cohort than in the broader market, with companies using it to drive growth and reshape demand, not just improve efficiency.

Cash generation is increasingly defining the winners, enabling market leaders like Eternal, CarTrade, and PB Fintech to fund acquisitions and expansion from their own balance sheets.

Market & Macro Context

The cohort saw several block deals this month, including sizeable stake sales in Lenskart, Delhivery, Honasa, and Shadowfax.

Ownership continues to shift from foreign investors to domestic institutions, creating a more durable shareholder base.

AI remained the defining technology investment theme, driving capital deployment across both private and public markets.

IPO Takeaway · Kissht

Listed May 2026

A modest listing pop followed by strong post-listing gains reinforced the market's preference for asset quality and disciplined underwriting over pure loan-book growth.

The listing helped reset perceptions around unsecured lending, creating a constructive valuation anchor for the issuers that follow.

The buyer mix was a notable positive — strong participation from long-only domestic institutions supporting a durable post-listing ownership base.

Net Read

Fundamentals continued to strengthen across the cohort, with growth, margins, and cash generation improving in tandem.

Performance dispersion widened, with profitability and earnings quality increasingly distinguishing the strongest performers from the rest.

Disclaimer

Z47^fortyseven is published for informational purposes only and does not constitute investment advice, or any offer, solicitation, or recommendation to buy or sell securities. Index performance is historical and should not be construed as indicative of future results.

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