India is gradually becoming the hub for growing start-ups as the numbers of small businesses established in the last couple of years are phenomenal.
With a strong entrepreneurial ecosystem, many startup founders have come up with unique and innovative solutions. Quickly rising in this ecosystem are analytics startups.
Various analytics start-ups are working in the area of fashion, agriculture, emotional intelligence; hybrid TV powered by AI, healthcare, real estate, facilitating lending decisions, voice-based solutions, and several more.
While numerous start-ups have risen in the last few years, here are 5 emerging analytics start-ups that you should watch in the year 2020:
Zendrive
Founders– Jonathan Matus and Pankaj Risbood are the founders of Zendrive, they were co-workers at Walmart Labs, Google, and Facebook.
About Zendrive
Zendrive provides analytics-based solutions by analyzing the behavior of drivers, and road risks, and reducing crashes. They have analyzed over 160 billion miles of driving data to save money as well as lives for travel management companies, insurance companies, and consumers.
They have built a unique AI-powered tech-support for the transport industry, insurance companies, automobile firms, and consumers which give them actionable insight into the behavior of the driver on the road to make sure a secure and comfortable ride.
Zendriveprovides a driver behavior analytics solution to all customers. Their mobile application analyses various driving events like rapid acceleration, hard turns, hard braking, over-speeding, and risky use of phones. After analyzing, their algorithm gives a safety score for the driver.
Growth Story
For from the last couple of years, Zendrive has been working with various clients including HopSkipDrive, Fleetio, GasBuddy, BoosterFuels, and EverTransit.
vPhrase
Founders– Neerav Parekh is the founder of vPhrase who has massive experience in technology, marketing, and finance.
About vPhrase
The company has an AI platform that analyses data and gives insights into multiple languages. They automate information and generate reports using their various products like:
Phrazor: It is a customizable and self-service natural language generation platform that configures and generates customized reports within a few seconds.
Exploration: This service helps them to analyze and frame the uploaded data. It also generates information detects outliers, and anomalies, and offers a deep analysis of the available data.
BI Dashboard: It is a plugin that provides commentary management on Tableau or link. This makes the dashboard easier to understand.
Growth story
This startup is growing rapidly, it has already served clients like HDFC Securities, Star India, Kotak Bank, ICICI Lombard Insurance, and Abbott Pharma. With the help of Fidelity International and OCBC, they are now expanding internationally.
Spoonshot
Founders– Sai Sreenivas Kodur and Kishan Vasani who were an employee at Zomato and Just Eat respectively founded this company.
About Spoonshot
This company was started to build a personalized food searching app for the Indian population and was named dish (dish + Ishq). They wanted to make the ordering of food more visually and emotionally appealing to the consumer.
Later they change its name to Spoonshot as it shifted its focus to the B2B market. They use food science to bring out relevant information which is personalized to every user. Their insights allow users to make quick and quantitative decisions.
Growth story
They have seen steady growth in the development of products and creating solutions that are helpful in the food industry. Their main focus is on developing'Spoonshot Genesis' which will be a private beta stage.
BDB
Founders– Avin Jain, Anoop VP, and Vishal Venugopal founded BDB as an end-to-end data and analytics platform powered by AI.
About BDB
The platform has brought analytics and data into the hands of every single person; this has made the workflow smoother for users like business leaders, data scientists, and to those who need it.
They are working in various sectors like retail, life science, education, BFSU, and other 10 domains.
For small and medium businesses they have a cloud-based SaaS analytics called Yujaa which offers them a 360-degree view of their business. Yujaa offers solutions that are affordable and accessible.
Growth story
BDB is growing rapidly because of its on-cloud and on-premise solutions. In the last four years, they have earned more than $8 million and worked with different companies in different industries like enterprise customers, SMEs, and many others.
Pisquare
Founders– Chinmay Pradhan and Rojalin Biswal founded Pisquare as they have a vast experience of more than 15 years in management consulting and data analytics.
About Pisquare
In the beginning, they started as Arima Research in the year 2014 and now they work under the brand name Pisquare. They are partners with various companies to change their decision-making ecosystem with the correct blend of planning and analytical information.
They have created a springboard for businesses with the help of their analytics and visualization. They have several partners around the globe to enhance their supply chain, delivery, customer engagement, marketing & sales, and talent for better performance.
Their products are designed for the area of talent analytics, customer analytics, and operations in the IT/ITES sector.
Growth story
Within a couple of years of launching Pisquare, they have already worked with huge clients like Capita Plc, Tata Capital, PowerSchool, major banks, Dell, MahindraFinance, Sunlife, the Transport department, and various insurance companies.
India is rapidly becoming the hub for emerging start-ups and with this technological boom, many innovative and interesting products and services are entering into the market that is going to change how we do business.