Business, Investments

Sapience Analytics Raises INR 45 Cr Series B led by Orios Venture Partners

An employee counts Indian currency notes at a cash counter inside a bank in Kolkata

Sapience Analytics today announced that it has closed a Series B investment of INR 45 crore from Orios Venture Partners. The company had previously received funding from Indian Angel Network and Seed Enterprises.

The funding will be used to further accelerate its customer base, by augmenting sales and marketing in the Americas, reaching out to new segments in the professional and mobile workforce categories, and expanding product capabilities for better value addition to Sapience customers.

Sapience Analytics, founded in 2009, is known for developing patent‐pending software product to achieve productivity improvement. Its products include Sapience Enterprise, Sapience Buddy and Sapience Mobile.

Also Read: Google and Other Investors Set to Invest USD 500M in Magic Leap

“Our investment is aimed at expanding their market reach, and ensuring that Sapience Analytics rapidly achieves global prominence,” said Rehan Yar Khan, Managing Partner, Orios Venture Partners.

Image Source: slimbeleggen

Have ideas to share? Submit a post on iamwire

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>