India, April 9 -- Highlighting how the implementation of GenAI has finetuned its business, IPO-bound OfBusiness' cofounder and CEO Nitin Jain said that the company has been able to dramatically cut the time taken by its team for research.

Speaking at the inaugural session of Inc42's GenAI Summit, Jain said the company has been able to cut the research time on a particular sector from 4-5 days to about 30-45 minutes.

"Earlier it would take us four or five days to do deep research, which AI is able to do in about 30 to 45 minutes. AI is able to generate, curate questions and do a deep dive into the sector and ask detailed questions so that you're aware about what M&A is getting," Jain explained.

Founded in 2015 by Jain, Asish Mohapatra, ...