In Apr 2015, nosotros recommended Kellton Tech, considering the fact that the companionship is focusing to a greater extent than on Big Data, the side yesteryear side generation technology. The stock has doubled from the recommended charge per unit of measurement together with similar a shot inward consolidation phase. Also yous powerfulness select heard almost a companionship named Cambridge Technology, which focus solely on cloud together with big information which had a mad run from Rs. v to Rs. 140 inward simply a thing of 8-10 months.  |
| Incessant Motivator of Startups!! |
Now realizing the big potential of big data, Ratan Tata, Tata Sons chairman emeritus together with prolific investor, has invested an undisclosed amount inward Chennai together with Singapore-based big information analytics startup named Crayon Data. According to a statement., the investment was made yesteryear Ratan Tata inward his personal fund.
Co-founded inward 2012 yesteryear IIM Calcutta graduates Srikant Sastri together with Suresh Shankar, Crayon Data final raised $10 1000000 inward funding from Singapore-based Jungle Ventures together with Spring Seeds. Recently, Ratan Tata was every bit good roped inward every bit a especial advisor yesteryear Jungle Ventures.
“We are excited together with honored. To come across Ratan Tata together with select our vision validated yesteryear him is an respect inward itself,” Sastri said.
Crayon Data has an engine that helps big enterprises amongst the big information capability to offering ultrapersonalized choices to consumers. It is developing what it calls a “consumer sense of savour fabric”, which maps choices across fifteen categories using machine-learning together with complex algorithms. This sense of savour cloth is together with then mapped to vast internal (enterprise) together with external (online) information sets to render a ready of personalized choices to consumers.
The companionship has 100 employees inward offices spread across New York, Dubai, Chennai, Singapore together with London. The startup has been accredited every bit 1 of the most successful together with innovative big information start-ups inward 2014 together with 2015 yesteryear global platforms such every bit TiEcon, CEBIT, IBM Watson, Intech50 together with OrangeFab.
“We select ever strongly believed inward Crayon’s proposition. Srikant together with Suresh, amongst their years of sense inward Marketing together with Analytics, select ever had a clear vision of the value Crayon tin convey to consumer-facing enterprises,” Anurag Srivastava of Jungle Ventures said.
Ratan Tata, later stepping downwards from an active purpose inward the Tata Group, has acquire an influential investor inward startup companies, both inward Bharat together with abroad. Tata has invested his coin into several mesh companies together with startups including Paytm, Ola, Cardekho, healthcare platform Lybrate, lingerie etailer Zivame together with women's have on build Kaaryah. In add-on to Jungle, Tata serves every bit an adviser amongst Kalaari Capital together with IDG Ventures. He has invested inward nearly a dozen of Kalaari's portfolio companies including Snapdeal, UrbanLadder, Holachef, YourStory together with Bluestone.
