Jugal Anchalia

cofounder & ceo @refoldai. building agentic delivery for system integrations

[Jugal Anchalia @Bonjugal]

Better AI won’t just come from bigger models. One smart model is NOT enough.

Enterprise AI needs systems around it:

> agents that check each other
> memory of past mistakes
> clear escalation
> audit trails
> ownership when things break

Single models answer. Systems build trust.

[Jugal Anchalia @Bonjugal]

@Jason I'm in. 🚀

[Garry Tan @garrytan]

Some people think "leadership" is meetings, graduating from building.

True leadership in every organization from 2026 on out *is* building, and it won't be anything other than that into the future.

Either you're building or you're leting your org die slowly. Your choice

[Refold AI @refoldai]

1/ the CRM shows the final price. not who approved the 20% discount, or why.
the ERP shows the transaction. not the compliance ruling that quietly changed how one vertical gets handled.
that missing layer is what actually runs every enterprise.

2/ for two decades it lived in people's heads and in SI delivery docs.
that's literally why integration services became a bigger business than integration software itself.
the platform moved the data. the consultant remembered the reasoning.

3/ every integration is a decision trace.
the custom field that exists because of a 2022 compliance ruling. the mapping that reflects a CFO's call on revenue recognition. the exception rule one vertical needed.
capture enough of them and you're not moving data anymore. you're building a graph of how the business actually works.

4/ that's what we built refold for.
our agents read the source schema directly, custom objects and all. they make sense of the reasoning, build the integration end to end, and every deployment makes the next one smarter.
the pipes were never the product. the integration graph always was.

5/ going deep on all of this at AI Dev 26 by @DeepLearningAI in SF on april 29.

@Bonjugal @i_rebel_aj @ak_blurb
if you're building in this space, come say hi.

[Refold AI @refoldai]

first @HumanXCo . the shift is real. we are at D9

the conversations that keep coming up aren't about AI capabilities. they're about what happens when agents hit SAP instances, Workday schemas, and Salesforce orgs with years of customization.

our agents are trained on millions of real-world contexts across these systems. they remember customer logic between deployments and self-heal when things break.

integrations that used to add 3-6 months to projects now ship in days. that's the world we build in 📍

@Bonjugal @ak_blurb

[Will Ahmed @willahmed]

You have no experience.
You’ve never started a company.
You’ve never had a full time job.
Nike is going to kill you.
You’re a kid.
You don’t have technical skills.
You shouldn’t build hardware.
Apple is going to kill you.
You can’t build hardware.
You can’t measure heart rate non-invasively.
Athletes don’t care about recovery.
Under Armour is going to kill you.
It won’t be accurate.
You don’t listen.
You’re an ineffective leader.
You can’t recruit great talent.
You’re going to have to pay every athlete.
You can’t measure sleep non-invasively.
It’s too expensive to research.
Athletes are a small market.
The product costs too much to make.
The product costs too much to sell.
Your valuation is too high.
Consumers aren’t going to want it.
Hardware is too hard.
You should measure steps.
Fitbit is going to kill you.
You can’t build a marketing engine.
You can’t raise enough money.
You need a real CEO.
Google is going to kill you.
You can’t be a subscription.
You can’t build a brand.
You can’t do consumer in Boston.
Your valuation is too high.
You shouldn’t make accessories.
You shouldn’t make apparel.
Lululemon is going to kill you.
You can’t predict Covid.
Stay in your niche.
You are going to run out of money.
You can’t build a health platform.
Amazon is going to kill you.
You can’t measure blood pressure.
You can’t get medical approvals.
The market is too small.
You don’t understand AI.
The market is too competitive.
It won’t work internationally.
The supply chain is too complicated.
You can’t build an AI.
You can’t raise enough money.
It’s too competitive.
Healthcare isn’t going to want it.
…

Just keep going ✌️

[Harry Stebbings @HarryStebbings]

Single biggest red flag when hiring:

Jumpers. Year here. Year there. When it happens 3 times or more for less than two years, I am out.

[gabe @allgarbled]

I don’t know what you call them, but these little side tabs are like the emdash of vibe coded UIs

[Jugal Anchalia @Bonjugal]

What a time to be alive

[vittorio @IterIntellectus]

this is actually insane

> be tech guy in australia
> adopt cancer riddled rescue dog, months to live
> not_going_to_give_you_up.mp4
> pay $3,000 to sequence her tumor DNA
> feed it to ChatGPT and AlphaFold
> zero background in biology
> identify mutated proteins, match them to drug targets
> design a custom mRNA cancer vaccine from scratch
> genomics professor is “gobsmacked” that some puppy lover did this on his own
> need ethics approval to administer it
> red tape takes longer than designing the vaccine
> 3 months, finally approved
> drive 10 hours to get rosie her first injection
> tumor halves
> coat gets glossy again
> dog is alive and happy
> professor: “if we can do this for a dog, why aren’t we rolling this out to humans?”

one man with a chatbot, and $3,000 just outperformed the entire pharmaceutical discovery pipeline.

we are going to cure so many diseases.
I dont think people realize how good things are going to get

[Jugal Anchalia @Bonjugal]

@AravSrinivas @jack NNN

[Jugal Anchalia @Bonjugal]

@nikunj Curious where does “growth rate” fit in that stack?

[Jugal Anchalia @Bonjugal]

⚡️⚡️

[DeepLearning.AI @DeepLearningAI]

We're excited to announce more speakers joining us at AI Dev 26 x San Francisco to share how they're building and deploying modern AI systems.

Prepare to meet engineers, founders, and researchers from @GoogleDeepMind, @AMD, @ActianCorp, @Snowflake, @Replit, @AI21Labs, @FlwrLabs, @Apify, @Oumi_PBC, Okahu AI, @AnchorBrowser, @RefoldAI, @Cline, @Hackmamba, OnMemory AI, and more.

🎟️ Reserve your ticket before prices move to the next tier. Link in bio.

[Jugal Anchalia @Bonjugal]

Why can’t enterprise IT deploy AI themselves?

[Saket Mehrotra @mehrotra_saket]

Three CEOs just admitted they need IT services companies.

Dario Amodei (Anthropic)
Sam Altman (OpenAI)
Lisa Su (AMD)

Then they signed partnerships in 72 hours.

The market does not seem to be quite excited about it.

🧵

[Refold AI @refoldai]

What a night! 🙌

Founders, builders, operators, all in one room, no decks, no pitches, just real talk about what's broken in enterprise and how AI agents can fix it.
This is what building in SF is about. Grateful for the energy. Let's run it back soon 🚀

@i_rebel_aj @Yagami_22_JSR @Tanmay__B @Drishtitulsina @ak_blurb

[Jugal Anchalia @Bonjugal]

@vaibhavbetter Love this framework, @vaibhavbetter nails why Refold exists. Our agents are already automating the 'unsexy' pain of access from legacy SORs (ERP/CRM) with self-learning workflows. Agentic Integrations will build context in the AI era. More soon 👀

[Vaibhav Domkundwar @vaibhavbetter]

This explains the core of how enterprise software has worked through cycles.

The data plane is hard to overhaul — we can iteratively evolve it.

The access plane with agents as the consumer is the new gap and definition for the AI version of Tibco …if you are old enough to know what that is :)

The context layer adds a new dimension because agents can gather and act on wide ranging context which was not possible before LLMs.

There is a clear opportunity to build new generation of companies in the access plane and the context layer.

That’s where we’ve invested with a similar broader view that Jaya has painted:
— Refold delivers a modern access plane
— Cortex delivers a modern context layer

Both companies are building differentiated technology under the hood and already have live paying enterprise customers. The live deployments teach us a lot though: these frameworks are fine but enterprise remains as messy as I experienced integrating ERP & supply chain systems at Seagate’s Scott’s Valley office in the late 1990s!

[Jugal Anchalia @Bonjugal]

This is so true. Snowflake had 178% NDR in 2022 and databricks still has >140% net retention.

In the long run the enterpise revenue compounds.

[ethan ding 📊 @TheEthanDing]

true

i have never in my life met a single VC who cares about revenue quality

every VC i know would give at most a 2x for $1 of Y1 Databricks revenue, compared to $1 of Y1 Lovable revenue

the actual gap in NPV of that $1 is closer to 25x, extremely mispriced

[Jugal Anchalia @Bonjugal]

Work from the factory floor. Camp there.

[Ayman Al-Abdullah 🧱 @aymanalabdul]

Every CEO should find 30 minutes on Mondays to “Walk The Factory Floor”

• Skim sales call transcripts
• Open 5 random support tickets
• Test your own checkout flow like a customer

Do this consistently, and your team will think you’re everywhere