# Sarthak Jain

> Sarthak Jain is the CEO and co-founder of Nanonets, a San Francisco-based AI company that automates document-heavy business workflows for enterprises. A two-time founder and IIT Gandhinagar gold medalist, he previously built and sold Cubeit to Myntra before launching Nanonets through Y Combinator's Winter 2017 batch. Under his leadership, Nanonets grew from an OCR tool to a $100M ARR autonomous AI agents platform serving over a third of the Global Fortune 500 - with just 130 employees.

- **Role:** CEO and Co-founder at Nanonets
- **Organizations:** Nanonets, Y Combinator, Cubeit, Myntra, IIT Gandhinagar
- **Nationality:** Indian
- **Education:** B.Tech in Electrical Engineering, Minor in Computer Science, Indian Institute of Technology Gandhinagar (IITGN), W17 Batch, Y Combinator
- **Known for:** Director's Gold Medal for Outstanding Overall Performance at IIT Gandhinagar, Scholarship for Excellence in Social Work & Leadership at IIT Gandhinagar, Successfully sold Cubeit to Myntra in 2016 (acqui-hire backed by Accel and Helion)

## Career timeline

- **2012** — Graduated from IIT Gandhinagar with Director's Gold Medal; declined campus placement to pursue entrepreneurship
- **2014** — Co-founded Cubeit with Prathamesh Juvatkar and Nithinkumar Gadiparthi; raised $3M seed from Accel and Helion
- **2016** — Cubeit acquired by Myntra (acqui-hire); joined Myntra as Senior Product Manager for Feed & Engagement
- **2017** — Co-founded Nanonets with Prathamesh Juvatkar; accepted into Y Combinator Winter 2017 batch
- **2022** — Nanonets raised Series A; appeared on Elevation Capital podcast discussing AI document automation
- **2023** — Nanonets reached $13.1M ARR; expanded into autonomous AI agents for back-office workflows
- **2024** — Nanonets raised $29M Series B led by Accel; grew to $40M ARR; 34% of Global Fortune 500 using the platform
- **2025** — Nanonets crossed $100M ARR with 101 employees; Sarthak spoke at AI Agents Summit on open vs. closed source AI

## Achievements

- Director's Gold Medal for Outstanding Overall Performance at IIT Gandhinagar
- Scholarship for Excellence in Social Work & Leadership at IIT Gandhinagar
- Successfully sold Cubeit to Myntra in 2016 (acqui-hire backed by Accel and Helion)
- Admitted to Y Combinator Winter 2017 cohort
- Grew Nanonets to $100M ARR by September 2025 with a team of ~130 people
- Secured $42M total funding from Accel, Elevation Capital, and Y Combinator
- Built AI platform adopted by 34%+ of Global Fortune 500 companies
- Motwani Jadeja Foundation portfolio member

## Latest updates

- **2025-09** — Nanonets crossed $100M in annual recurring revenue with a team of approximately 101-130 employees
- **2025-09** — Sarthak spoke at the AI Agents Summit 2025 on a panel titled 'Open Source vs Closed Source AI Agents'
- **2024-03** — Nanonets raised $29M Series B led by Accel, bringing total funding to $42M
- **2024-03** — Announced pivot toward autonomous AI agents for back-office operations beyond OCR

## Links

- Website: https://www.sarthakjain.com
- LinkedIn: http://www.linkedin.com/in/jainsarthak
- Twitter/X: https://twitter.com/jainsarthak
- Facebook: https://facebook.com/nanonets

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Profile page: https://yespress.io/sarthak-jain
Published by YesPress — https://yespress.io
Last updated: 2026-05-23