⠂The funding round was led by Varanium Capital and Yatra Angel Network. The round also participation from DMI Finance’s Sparkle Fund, White Ventures, Seeders LLP, a few angels, IIFL Fintech Fund, and Indian Angel Network.
Mumbai, 16 Feb, 2022
: DataSutram has announced $2.07 million in a funding round led by Varanium capital and Yatra Angel Network. The round also participation from DMI Finance’s Sparkle Fund, White Ventures, Seeders LLP, a few angels, IIFL Fintech Fund, and Indian Angel Network.
The Mumbai-based startup was founded in 2018 was founded by Rajit Bhattacharya, Aisik Paul, and Ankit Das and is a 100X.VC Portfolio company. DataSutram converts raw unstructured data from satellites, mobile phones, POS machines, and several other sources to create insights that capture how people live and behave, available for any location up to 100-meter granularity.
Ninad Karpe , Partner, 100X.VC said “100 X is delighted to be the first investor in Datasutram and back the Founders’ vision to build a global company which will provide intelligent locational data”
The AI-based platform had raised a cheque from 100X.VC as part of the fund’s Class 01 portfolio earlier in 2019.