Data science company Impact Analytics secures $750000

Business intelligence and data science company Impact Analytics which provides analytics solutions across sectors including retail, financial services, education, pharma and others, has raised $750,000 in funding. The funding was led by early stage venture capital firm Aarin Capital, which was founded by TV Mohandas Pai and Dr Ranjan Pai.

The other investors who participated in the round include Michael Herzig, serial entrepreneur, and Ashish Lakhanpal, CEO of Kismet Capital.

“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 focused on the business-to-business enterprise data space,“ said Prashant Agrawal, founder of Impact Analytics. Previously Prashant was a part of the private equity and corporate finance practice of Boston Consulting Group in India.