India, Nov. 7 -- Giga, an Artificial intelligence (AI) support automation startup founded by two IIT Kharagpur alums, has raised $61 million in Series A funding led by Redpoint Ventures. An old LinkedIn post by one of the founders shows how both techies walked away from their high-paying job offers to build a startup that is now making headlines.

Varun Vummadi, in a two-year-old post, wrote about how he was offered a PhD from a renowned university and a high-paying job, but decided to leave it all to work on something of his own.

"I received a PhD offer from Stanford University and a $525K job offer from an international HFT as a quant trader. We left all those opportunities to pursue our passion towards solving challenging problems in ...