With a vision to create insight-driven ecosystems-making all our partners self-sufficient, helping them leverage data science for best possible business outcomes, the data science startup based in Bengaluru, Karnataka and Chicago, Illinois has raised an undisclosed amount of funding in Series A round from venture capitalist Arihant Patni in his personal capacity, to expand their business in Europe and APAC (Asia- Pacific) and build next-generation platforms and to improve their quality of customer experience
It was started in 2016 by the previous employees of MuSigma (a unicorn startup offering data analytics services and was founded by DhirajRajaram in 2004) SayandebBanerjee (CEO & Co-Founder), Anju Krishna (Co-Founder & Head of Assets), AdityaKumbakonam (Co-Founder & Head of Client Services). The enterprise builds and upgrades in-house analytics centers. Their mission is to enable viable and valuable data and analytics transformations. The firm helps organizations buck age-old trends and create demonstrated value with the help of robust data and analytics transformations.
SayandebBanerjee said “We are changing the way organizations go about enterprise-wide transformations, by defining and executing comprehensive and robust analytics strategies.”
They are one of the fastest growing AI (Artificial Intelligence) & ML (Machine Learning) startups in the world in just over 2 years of span, disrupting the analytics industry by making enterprises analytically self-sufficient.
“This is only the start of the journey. I have provided them with capital and will keep doing so as and when they need it to grow the business. Along this journey, we may attract other partners who are good for the overall business”– Arihant Patni (MD of Ideaspring Capital).
More about Arihant Patni
Arihant Patni is an entrepreneur, financial advisor and venture capitalist with extensive experience in areas such as IT services, business development, marketing and wealth management. Through Hive Technologies, a platform that invests in data analytics and data science companies, Patni thought of TheMathCompany. He is also the MD of Patni Financial Advisors, a wealth management company after exiting from Patni Computer Systems at a $1.5 billion in 2011. Also leads the Nirvana Venture Advisors as a member of board of directors and also being the Co-Founder.
The company has 33 customers from the Fortune 500 companies from 12 industry verticals such as CPG, retail, insurance, banking, covering across 6 countries the US, the UK, Singapore, Hong Kong and others. Most of the business, they have from the US companies.
