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10May By Sheldan RungasamyNo Comments

FUNDING

HeathCare Data Analytics Company Raises $25 Million Funding

Innovaccer, a prominent healthcare data analytics platform announced that it raised $25 million in a Series B funding round led by Westbridge Capital and the participation of Lightspeed Ventures. The Silicon Valley-based company will use the funds to keep developing and strengthening its industry-leading tool and go-to-market capabilities by improving its data platform and enhancing its machine learning, while adding to its already 200+ connectors to healthcare data systems. Innovaccer will also invest in developing a new array of programs destined to cater for patient engagement and platform capabilities for partners to access. Innovaccer Inc. is a startup that aims at incorporating data analytics in the healthcare sector. Its flagship product, called InData, ingests, normalizes ...

Uber’s Technology Will Reduce Traffic Congestion In Indian Metro Cities

13Apr By Sheldan RungasamyNo Comments

News

Uber’s Technology Will Reduce Traffic Congestion In Indian Metro Cities

Uber, the US based cab hailing company, is taking the responsibility of helping civic authorities, traffic police, researches, think tanks and policymakers find ways of reducing traffic and congestion by applying big data and analytics to find patterns commuting habits and propose innovative plans meant to improve road infrastructure and traffic management decisions. Therefore, the cab aggregator Uber launched the second phase of ‘Movement’, a free tool destined to collect data from millions of trips and eventually assist urban planners in achieving sustainable development in road infrastructure and implement policies that would substantially improve commuting facilities in metro cities. Uber is taking a formal stand against traffic congestion with this initiative and shows its commi...

12Apr By Sheldan RungasamyNo Comments

FUNDING

IoT startup Chariot Raises Funding From GEMs Partners

Chariot, an Internet of Things (IoT) startup received Rs 2 crore in a Pre-Series A funding round led by international venture capitalist firm, GEMs Partners. The capital raised will serve to service existing and future clients, to improve their technology and expand to newer markets. This investment by GEMs partners will help us in further consolidating our reach at the global level, upgrading in-house technology platform, infrastructure and products, and also in pushing internal growth, said co-founder and CEO of Chariot, Nilay Mehrotra. Chariot is an innovative startup that provides end-to-end solutions by creating an IoT infrastructure through its platform and devices that connects to every sensing device and delivers patterns in data streams by comparing data results from the ...

Startup Born At TED, Now Covering 1 billion Consumer Products

9Mar By No Comments

Story

Startup Born At TED, Now Covering 1 billion Consumer Products

Commerce is becoming pervasive – every interaction with a consumer is an opportunity to inform, educate, and sell products. In order to become Product-Aware (as businesses today are location-aware) businesses are going to need reliable and comprehensive product information for making informed decisions. Product awareness is nothing but, a state where every app and website has access to comprehensive product data in real time that will help them serve their customers in a better way. After spending two decades in the US at the Microsoft Corp headquartered at Redmond, Sanjay thought about building his own venture in India. Sanjay was at the TED conference in Oxford, England when the thought of starting a “product related data analytics company” struck him. The idea of building algorithms t...

She Is The First Woman CEO At An Indian Unicorn

4Feb By PriyankaNo Comments

News

She Is The First Woman CEO At An Indian Unicorn

Mu Sigma, the world’s largest pure-play provider of decision sciences and analytics solutions, announced today that Ambiga Dhiraj, formerly Chief Operating Officer, will assume the role of Chief Executive Officer (CEO) effective immediately. Founder and former CEO, Dhiraj Rajaram, will continue in a full-time capacity with the company and remain as chairman. Ambiga has been with Mu Sigma for more than eight years, having led functions of talent management, marketing, innovation and product development before assuming the role of COO in February 2012. In that role she drove major improvements to the company’s India operations and the global delivery of products and services to the market. Now she joins an exclusive and short list of female CEOs to lead privately held companies with bil...

6Jan By AdityaNo Comments

FUNDING

Tracxn a Data Analytics Based Startup Secures Funding From Ratan Tata

Tracxn a data analytics based startup has secured funding from Ratan Tata. The amount has not been disclosed. Started in May 2013, by Goyal and Neha Singh, Tracxn has increased its customer base and team. As per the recent report, Tacxn connected 9295 startups to the investors. Tracxn provides information on start-ups to over 6,000 clients across India, the US, the Middle East, South-East Asia and Europe, and claims to sign up at least one new client every day. “We belong to a generation whose formative years were spent observing Mr Tata’s way of building companies. So, when we saw he was investing in start-ups, we reached out to him,” said Goyal. “There are about 1 lakh funded companies. But there is a universe of about 1 million companies who are unfunded. We organize...

A Tool to prevent consumer complaints – Amicus shopping assistant

29Sep By RishabhNo Comments

Story

A Tool to prevent consumer complaints – Amicus shopping assistant

It was 6:37 pm, I already was 7 minutes late for the interview of Mr. Nishchal Dua which was scheduled at 6:30 pm. With the apology in my heart, I finally called him thinking he must have been disappointed for the unreasonable delay. The bell rang for approximately 15 seconds and then I heard from him. It was a “Hello,” followed by “How are you?”. It took less than a second for me that beside being a C.P.O. of Amicus Technology Pvt. Ltd, he is a very gentle and honest person. He asked about me and my work and then we finally headed for the interview. (more…)