InMobi's Mohit Saxena on building an indigenous tech stack in the AI age at ET Soonicorns Summit 2025
Empower your mind, elevate your skills
As India accelerates its artificial intelligence (AI) ambitions, the question is no longer just what we build, but how we build it. At the Economic Times Soonicorns Summit 2025, Mohit Saxena, Co-founder of InMobi, will take the spotlight in a fireside chat exploring a timely provocation: Can India build its tech stack from the ground up for the AI age?His session, 'Building a New Indigenous Tech Stack in the AI Age', comes at a time when questions of code sovereignty, AI infra ownership, and local optimisation are gaining urgency. For engineers, product leaders, and deep-tech founders, this promises to be a session rooted not in theory—but in the architectural realities of building AI from first principles.The ET Soonicorns Summit 2025 in Bengaluru puts a sharper lens on scale: From Lab to Revenue—The Billion-Dollar Blueprint for Scaling Indian AI Startups.That's where Mohit Saxena's fireside chat could offer a timely provocation.InMobi completes 20 years since its inception, tracing its evolution from its early days as a mobile advertising network to its current phase of building a generative AI-powered commerce platform through Glance AI.InMobi became a unicorn in 2011—well before such achievements were commonly celebrated in India's startup ecosystem. Over time, that early breakthrough gained recognition at the national level.Today, InMobi has over 2,000 employees and a growing presence across AI, commerce, and advertising, and with it Mohit Saxena is primed to share his founder-builder journey. At a time when most startups were riding software-as-a-service (SaaS) and cloud APIs, Saxena went the hard way: assembling a world-class tech stack in-house.Expect Saxena, who brings experience in scaling infrastructure-led innovation, to dive deep into what it takes to build and own your stack in a world dominated by hyperscalers and open-source dependencies, especially as AI shifts the ground beneath every tech product.As co-founder of InMobi and a hands-on engineering leader, Mohit Saxena brings a rare blend of technical rigour and scale experience. At the ET Soonicorns Summit 2025, his Fireside chat is expected to offer sharp insights for India's next wave of startup builders.In a startup landscape increasingly shaped by pre-built APIs and plug-and-play AI models, Saxena is expected to explore why India's next generation of AI startups may need to invest in building foundational code and infrastructure. Rather than chasing marginal gains through better prompts, Saxena may argue that deeper breakthroughs will come from stronger architectural pipes—purpose-built, scalable, and owned.With generative AI models and global open-source tools at everyone's fingertips, Saxena may argue that it's no longer enough to assemble. The real value lies in solving India-first problems with original logic layers—whether in local language UX, on-device inference, or real-time analytics for low-bandwidth geographies.From compute shortages to data sovereignty, India's AI startup ecosystem is hitting infrastructure chokepoints. Expect Saxena to reflect on whether Indian startups can reduce external dependencies—by building internal DevOps maturity, exploring alternative hardware architectures, or rethinking their cloud strategy.Drawing from his experience scaling InMobi's ad tech engines and data platforms, Saxena might discuss how AI should be embedded deeply into the software stack—not just used for add-on features like chatbots. This means viewing AI as an operating logic that informs business decisions, not just outputs.India has the engineering talent—but do early-stage startups have the right toolchains and frameworks to harness it effectively? This session could offer grounded advice on setting up internal platforms, balancing speed with scalability, and navigating the trade-offs between open-source and custom builds.Finally, Saxena may speak candidly about leadership in the AI age—what it takes to scale a tech-first organisation when the ground beneath is shifting. Whether it's hiring for adaptability, managing burnout, or prioritising long-term architecture over short-term wins, his experience will resonate with founders navigating similar scale journeys.To be held on 22 August 2025 in Bengaluru, this year's ET Soonicorns Summit is India's largest gathering of soonicorns.The Summit promises hard-won lessons from both labs and boardrooms fueling India's innovation surge.Speakers will dissect how India's next-generation startups are integrating AI not as a headline gimmick, but as a serious lever for growth, valuation, and global positioning. Here's a preview of the agenda shaping the country's soonicorn-to-unicorn pipeline:Sessions will unpack India's ambitions in foundational AI—spanning GenAI (generative) startups, large language models (LLMs) built for Bharat-scale, and indigenous tech stacks. From agentic models and data infrastructure to capital flows into core science, the focus is on whether Indian startups can lead the AI era—not merely adapt to it.Is 2025 the breakout year for India's AI-native startups? Investor roundtables will analyse funding shifts, asking whether capital is backing deep tech moonshots or favouring vertical AI models with near-term return on investment (ROI). Expect sharp takes from top VCs and AI company founders on what it will take to back generational AI ventures from India.Beyond product and models, Indian AI startups now face the uphill task of scaling talent, building defensible IP, and navigating regulatory grey zones. These sessions will decode playbooks for building IPO-readiness, spotlighting how startups are tackling compliance, global go-to-market GTM strategies, and deep technical hiring to build AI companies with staying power.Whether you're a product manager figuring out how to integrate AI, a founder planning your first LLM, or a CTO tired of third-party limitations—this could be your roadmap.In a world where every startup is racing to build the next ChatGPT, Mohit Saxena is pausing to ask a deeper question: Should India build its own stack before it builds its own stars?On August 22, come hear why that question matters now more than ever.Register now for the ET Soonicorns Summit 2025 in Bengaluru and join a Fireside chat that might just light the way for India's next billion-dollar idea.360 One is the presenting partner of the ET Soonicorns Summit 2025.(This article is generated and published by the ET Spotlight team. You can get in touch with them at etspotlight@timesinternet.in .)
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29 minutes ago
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Despite a rebound on the back of US President Donald Trump keeping us guessing about his next move, the markets are clearly unable to hold on to the rebound convincingly. While every attempt was made to keep the markets in positive territory, the intermittent decline continues to retest the bullish resolve. Right now, the pronounced volatility is causing some disturbance in forming the bias, thus making the markets jittery. Trends have remained muted until the negative vibes in the Nifty Bank persisted to dent our confidence. With the trends after breaching the channel, it is showing some continued bearish pressure, as we can see that the markets are suppressed and even show some bearish signs as we enter the last trading day of the week. With the result season in play, the expectation from the Q1 numbers will be keenly tracked. As we operate in an environment of ad-hoc triggers, the markets shall continue to oscillate over the next few days. A volatile environment is now part of the ever-changing market scenario, forcing the sentiment to keep changing. Risk management is critical, as the lack of clarity is greater than ever. However, there is still some value discovery happening in mid and small caps that demonstrates a bullish sentiment. Among them, the Trump Tariff Saga has the global markets oscillating. With no clarity on the outcome, we shall continue to oscillate in a range between 24500 and 25000 on the Nifty Spot. Three stocks to trade, recommended by NeoTrader's Raja Venkatraman: SBI Life Insurance Co. Ltd (Cmp: ₹1850.50) Why it's recommended: SBI Life Insurance, incorporated in October 2000, is a leading Indian life insurance company. It operates as a joint venture between the State Bank of India (SBI), India's largest commercial bank, and BNP Paribas Cardif S.A., the life and property and casualty insurance arm of BNP Paribas. Strong demand recovery in this stock from lower levels and the rebound from demand zones support price stability and growth potential. With prices trading close to the 52-week high, more room for upside is possible. Key metrics: P/E: 74.55 52-week high: ₹1,936, Volume: 1.18M. Technical analysis: Support at ₹1,730, resistance at ₹2,050. Risk factors: Dependence on trends in the insurance sector and raw material price volatility. Buy at: CMP and dips to ₹1,810. Target price: ₹1,950-2,000 in 1 month. Stop loss: ₹1,790. Man Infraconstruction Ltd (Cmp: ₹182.46) Why it's recommended: Signs of reversal from oversold zones signal potential upside. Demand at lower levels showcases optimism for recovery in the coming sessions. The daily charts indicate that the volume-based rise seen in the last few sessions augurs well for the prices. Key metrics: P/E: 46.88 52-week high: ₹262.50 Volume: 1.86M Technical analysis: Support at ₹165 | Resistance at ₹205. Risk factors: Declining revenue and profits, as well as a decrease in operating profit margin. Buy at: CMP and dips to ₹177. Target price: ₹190-195 in 1 month. Stop loss: ₹174. Manorama Industries Ltd (Cmp: ₹1687.70) Why it's recommended: Gradual accumulation at critical support levels highlights strong investor interest, supported by consistent revenue growth. Steady higher lows with a thrust above value area resistance around 300 suggest more upside possibility. Key metrics: P/E: 67.18 52-week high: ₹1,632 Volume: 118.49K Technical analysis: Support at ₹1,470 | Resistance at ₹1,850. Risk factors: Competition in the banking space and regulatory issues. Buy at: CMP and dips to 1640. Target price: ₹1,770-1,825 in 1 month. Stop loss: ₹1,620. Raja Venkatraman is co-founder, NeoTrader. His Sebi-registered research analyst registration no. is INH000016223. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantees performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
