Big data company Infoworks raises $15 mn from Centerview Capital, Nexus

Amar ArsikereData warehousing company Infoworks.io Inc. has raised $15 million (Rs 98 crore) in its Series B round of investment led by Centerview Capital Technology. Existing investor Nexus Venture Partners also took part in this round, Infoworks said in a statement. As part of the investment, Ned Hooper, partner at Centerview, has joined the board of […]

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Big data to boost job openings in 2017: Report

For-AON-Story-VC_ThinkstockPhotos-100946476_feBig data was the buzzword in the Indian technology space in 2016 as multiple startups and numerous job opportunities emerged in the sector. The momentum is expected to continue in 2017 as well. According to a new report by Bengaluru-based education technology startup Simplilearn.com, the big data sector in India currently offers 60,000 open jobs […]

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L&T Infotech to buy Pune analytics startup AugmentIQ

AugmentIQIT services firm Larsen & Toubro Infotech Ltd has agreed to buy Pune-based data analytics startup AugmentIQ Data Sciences Pvt Ltd in an all cash deal worth Rs 7 crores. The startup offers IP-based, big data and analytics solutions that help enterprises derive business benefits. It had revenues of Rs 2.40 crore for the year […]

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All you want to know about Indian AI startup Tuplejump that caught Apple’s eye

AppleTech giant Apple Inc. has acquired Hyderabad-based machine learning startup Tuplejump as part of efforts to boost its artificial intelligence capabilities. The development was first reported by tech news portal TechCrunch. The startup, which had a dozen employees, was launched by three Indian engineers—Rohit Rai, Satyaprakash Buddhavarappu and Deepak Alur—in 2013. The first two co-founders […]

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WestBridge, others invest $15.6 mn in data analytics startup Innovaccer

Data analyticsSilicon Valley-based big data startup Innovaccer Inc has raised $15.6 million in a Series A round of funding led by Westbridge Capital Partners, with participation by other angel investors. According to a report by The Economic Times, other angel investors who participated in the round included former Yahoo CTO Raymie Stata, founder of RouteScience Technologies […]

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This Kochi-based startup has a solution for firms to retrieve data from dumb machines

Jose Antony and Kaviraj Murugesan, co-founders,  TAPrintBig Data’s biggest challenge is dumb machines. So even when smart companies make business intelligence a top priority, they often need smart devices to sift through random, unstructured data stored in not-so-smart machines. A Kochi-based startup has come up with a solution to address this problem. TAPrint Technologies Private Limited has developed SenZe, a patented […]

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Business analytics firm BRIDGEi2i gets Series A funding from Edelweiss investment arm

Prithvijit-RoyBangalore- and Fremont- (California, US) based data analytics firm BRIDGEi2i Analytics Solutions Pvt. Ltd has secured an undisclosed sum in Series A funding from Edelweiss Private Equity, the private equity and venture capital arm of Edelweiss Financial Services. Edelweiss has picked up a minority stake in the firm as part of the transaction. Pranav Parikh, […]

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Exclusive: Ideaspring floats early stage venture fund

Angel investors Naganand Doraswamy and Prashant Deshpande have joined hands with Patni Computers’ scions Arihant and Amit Patni among others to launch an early-stage venture capital firm Ideaspring to back technology startups in the country. Click here for full article.

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