Data Analytics Company Impact Analytics Secures $750K From Aarin Capital, Others

Data Analytics Company Impact Analytics Secures $750K From Aarin Capital, Others

Bengaluru- and US-based data science company Impact Analytics has secured $750K in a funding round led by early-stage VC firm Aarin Capital, a joint venture founded by TV Mohandas Pai and Dr. Ranjan Pai.

Other investors in the round included Michael Herzig, serial entrepreneur, and Ashish Lakhanpal, CEO, Kismet Capital.

Founded in 2015 by Prashant Agarwal, the company works across business intelligence and data solutions to users in sectors including retail, financial services, education, pharma among others.

Commenting on the investment, Prashant Agrawal, founder, Impact Analytics said, “We have a team of 55 across Bengaluru and the US. The current round of capital will be utilised for product development and to expand the team. We are focussed on the business-to-business enterprise data space.

As per an official statement, the company also provides strategic business consulting and other tech-based solutions to its clients.

In June 2016, Bengaluru-based analytics solutions startup BRIDGEi2i raised an undisclosed amount of Series A funding from Edelweiss Private Equity. In August 2016, Gurugram-based Cuberoot Technologies, a data analytics company, raised nearly $500K from undisclosed investors.

Other players in the industry include IntelligenceNODE, Indus Insights, Axtria etc.

The development was reported by ET.

Note: We at Inc42 take our ethics very seriously. More information about it can be found here.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
Unlock 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
Unlock 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Data Analytics Company Impact Analytics Secures $750K From Aarin Capital, Others-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Data Analytics Company Impact Analytics Secures $750K From Aarin Capital, Others-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Data Analytics Company Impact Analytics Secures $750K From Aarin Capital, Others-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Data Analytics Company Impact Analytics Secures $750K From Aarin Capital, Others-Inc42 Media
Data Analytics Company Impact Analytics Secures $750K From Aarin Capital, Others-Inc42 Media
You’re in Good company