VC Firm Omnivore Partners Invests In IT & Services Startup Retigence Technologies

VC Firm Omnivore Partners Invests In IT & Services Startup Retigence Technologies

Mumbai-based venture capital firm, Omnivore Partners has invested an undisclosed amount and picked up a minority stake in Bangalore-based IT and services startup, Retigence Technologies.

Founded in 2010 by Srinibas Behera and Pramod Mishra, Retigence Technologies provides business intelligence solutions for retail chains through inventory optimization system. Retigence provides solution to retailer’s problem by developing software that solves the overstocking and stockout situations in the retail industry, which the startup pegs as an $800 Bn problem.

Retigence’s flagship product Predictive Analytics Engine (PRAN™) has been developed through various algorithms to deliver big data solutions for inventory management.

Retigence plans to use the funds for R&D, launching new products and targeting clients globally. Presently, it serves retail chains like GS1 India and Heritage and pharmacy group like Appolo and Manipal Hospitals among others.

The venture capital firm is an early stage agri-tech focused investment fund.  Just two months back, the VC firm had invested undisclosed amount in Food processing startup Y-Cook and about $1 Mn (Rs 6.2 Cr) in Ecozen Solutions, a company that makes solar-powered cold storage units for farmers.


Welcome to Flash Feed, your essential source for breaking news and innovation from around the web – bite-sized and updated all day.


You have reached your limit of free stories
This Diwali, Get Up To 74% Off On Inc42 Plus

Become A Startup Insider With Inc42 Plus

Inc42 Plus Diwali Offer Ends In
countdownmail.com
2 YEAR PLAN
₹19999
₹6499
₹270/Month
UNLOCK 68% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹3499
₹291/Month
UNLOCK 65% 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.

VC Firm Omnivore Partners Invests In IT & Services Startup Retigence Technologies-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.

VC Firm Omnivore Partners Invests In IT & Services Startup Retigence Technologies-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.

VC Firm Omnivore Partners Invests In IT & Services Startup Retigence Technologies-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.

VC Firm Omnivore Partners Invests In IT & Services Startup Retigence Technologies-Inc42 Media
VC Firm Omnivore Partners Invests In IT & Services Startup Retigence Technologies-Inc42 Media
You’re in Good company