Zodius Capital invested USD 3Mn in a Singapore based big data company Antuit

Zodius-AntuitZodius Capital, a Mumbai based early stage operator-investor company has invested $3Mn, as a lead investor – in a Singapore based big data and analytics firm Antuit. The funding round has been further complemented with individual investments of the founder and senior executives who are actively involved in the company’s management.

A part of this investment has reportedly been used by Antuit to break into US market by acquiring a US-based analytics firm Marketwell in part cash and stock deal. This has further helped Antuit to add 10 companies in a shot, under its clientele list.

The raised funds will also be utilized for growing organic pipeline, and invest in products and capabilities.

With its Big Data and analytic services, Antuit helps enterprises to solve various business problems like resource management, marketing spend optimization, supply chain and implementation of other best industry practices.

Headquartered out of Singapore, with offices in New York and Bangalore, the company focuses in Asia-Pacific and the US as its key service markets.

Based in Mumbai, Zodius Capital is an investor cum operator investment firm, with its focus in areas like big data analytics, education and digital media and commerce. Established in 2011, its other invested portfolio companies include BooKadda, Blufin and a few more.

To contact the Author, email devesh@wirefootindia.com

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