Over time, young Dushyant Singh Parmar started establishing himself as a hot player in terms of wealth management. He’s front and center in the development of a next generation, AI powered note taking app. That’s a huge breakthrough in a $250 billion market where companies oversee trillions in assets. Fast forward to 2025, and Parmar’s vision for AI had changed drastically, helping him understand that it could do much more than answer basic questions and function as a search engine.
Her story is one part visionary creativity, one part entrepreneurial ambition, motivated by a wish to develop life-changing technologies. Parmar takes a cue from trailblazers such as Jordan Mechner, the original developer behind the iconic game Prince of Persia. With this motivation, he is working to create a more permanent, inclusive and diverse technology environment. At Mili, as co-founder and CTO, he’s helping to reimagine wealth management with artificial intelligence. In doing so, his efforts have made him a national leader in this innovation.
The Evolution of AI in Wealth Management
Flash forward to March 2025, and Parmar frantically reaches out to his Chief Technology Officer, Siddharth Bulia. This defining moment would set the stage for a decade of steady growth that would soon explode. His proof of concept for AI agents had demonstrated the feasibility of his radical concepts. While that was an incredible breakthrough, it led to an important pivot in Mili’s strategy.
Parmar’s rich understanding of AI’s capabilities and possibilities has helped him paint a clear picture of its potential. “For the first time, we have machines that understand context, learn from context, and execute tasks,” he stated, highlighting the groundbreaking nature of his work. This approach isn’t all pie-in-the-sky — it produces tangible dividends. Mili’s wealth advisory clients, collectively responsible for more than $10 trillion in assets, feel these benefits directly.
By December 2024, Mili had raised $2 million in financing. This win set the stage for Parmar to be the driving force behind the company’s first production-ready suite of AI agents. To help them do this, he built a powerful technology that serves as a backbone for these agents. For example, it allows simple integration with over 10 different enterprise platforms, including Salesforce and Microsoft Dynamics.
A Team of Innovators
Parmar’s founding team from Meesho, an Indian e-commerce unicorn that had the Amazon killer instinct in its DNA – having done better than Amazon in tier-2 cities in India. This dynamic network that we have cultivated has deep expertise across the intersection of technology and innovation, which will lay the groundwork for Mili’s ambitious initiatives. It’s their collective experiences and shared vision that ensures they keep moving forward as a company while they continue to solve challenging problems in wealth management.
During his tenure at Alstom, Parmar led teams that invented autonomous metro systems. Since then, these systems have expanded to serve six million daily riders combined in Lille and Shenzhen. This multifaceted experience sharpened his leadership abilities, while familiarizing him with the demands of overseeing an implementation of such a large and complex technology.
Parmar’s dedication to attracting and retaining an entrepreneurial work environment shines through. From that moment and ever since, he has been fearless in articulating the motivation behind his team’s dramatic, risky flight to leave lucrative, secure jobs. “All of us left high-paying stable jobs. Why? Because we wanted to kick ass. Simple,” he remarked, emphasizing their collective desire to make a significant impact.
The Impact of AI on Note-Taking and Workflow
Parmar’s note-taking app is riding that momentum with a different but equally-novel approach and the results are astounding. Users are quoted saving as much as 50 hours per month! “We needed to build something that worked silently in the background, capturing audio in real-time without ever recording or storing conversations,” he explained. This new strategy directly responds to industry’s increasing emphasis on user privacy, security, and productivity.
By May 2025, at the Wealth Management EDGE conference, Parmar and his team garnered over 50% of the audience vote, outpacing all competitors combined. This accomplishment is a testament to how well recognized and celebrated Mili’s transformative solutions are throughout our industry.
Parmar attributes a lot of Mili’s success so far to his CTO desk Bulia’s empathetic management type, which he discovered from Dhanji. “My CTO is by far the best leader I’ve worked with in my 8–9 years,” he stated. Bulia’s ability to understand team dynamics and navigate challenges has been instrumental in driving Mili’s mission forward.
Parmar’s vision goes beyond the short-term win. He believes that this moment is just the start of a much broader technological and civic revolution. “There’s a boom every decade. I didn’t want to lose this one. I wanted to list my name among pioneers who left a dent for good,” he noted, capturing the urgency he feels about harnessing current trends in artificial intelligence.
