New Delhi – Artificial intelligence is quickly becoming a game-changer across industries, and Druva, the cloud data security and management unicorn, is embracing it in a major way. According to Jaspreet Singh, founder and CEO of Druva, AI will write at least one-third of the company’s code by the end of 2025—a strategic move aimed at significantly boosting engineering productivity.
In an interview with Indian Media outlet with The Economic Times, Singh said, “Apart from our services, we have been experimenting with AI internally to see how it can be used to make it more productive. And we see use cases, like engineering. If not half, at least a third of our code will be written by AI by the end of this year”.
Founded in 2008 in Pune, Druva has grown into a global player in data protection, serving over 7,500 clients, including Indian giants like Tata Consultancy Services (TCS), Infosys, and Mahindra Group. The company reached a $2.1 billion valuation in 2021 following a $147-million funding round led by Canada’s CDPQ.
Singh acknowledged the growing concerns around AI replacing entry-level coding jobs, saying, “It will be a threat for new coders coming into the system, I’ll be lying if I say otherwise. But what is irreplaceable for now is domain experience: how data works, how security works.”
He emphasized that AI’s role is to augment, not replace, human talent. “The use case for AI is to get better productivity and effectiveness from engineering talent. So, all mundane tasks can be automated”, he added.
With AI enhancing team output, hiring will remain conservative this year. The focus, Singh indicated, will be on maximizing the capabilities of the current workforce.
Druva is also expanding its global footprint through a strategic partnership with Microsoft, which Singh believes will strengthen their reach in Microsoft-dominated regions such as Europe. “In calendar year 2024, we crossed $200 million in annual recurring revenue (ARR). And this partnership will help us expand into geographies that are closer to the Microsoft ecosystem”, he said.
While the company’s growth trajectory remains strong, with 20%+ annual growth and over two years of cash flow break-even, Singh remains cautious about taking the company public. “We’re growing 20% or higher. We have over two years of cash flow break-even. So, our numbers are in good shape. But the public market performance over the past two years has been unpredictable and the advantages of going public are not what they used to be.”
Druva’s forward-thinking approach to AI adoption, combined with strong financials and strategic collaborations, positions it as a trailblazer in the cloud security domain.
