TheMathCompany, a global data science firm, funding from Arihant Patni, raised a Series A round funding from the Patni Computers Family Office.
The amount of the deal was not disclosed.
The funding will be utilized to expand the company’s presence globally, build next generation platforms and enhance customer experience.
Since its inception in September 2016, TheMathCompany works with over 30 Fortune 500 clients and is one of the fastest growing Artificial Intelligence & Machine Learning start-ups in the world.
based in Bengaluru, Chicago and Hong Kong, is excited to announce
Founded by Sayandeb Banerjee, Aditya Kumbakonam and Anuj Krishna, TheMathCompany is an Artificial Intelligence & Machine Learning company that allows organizations to transform intelligence, create demonstrated value and makes them analytically self-sufficient.
TheMathCompany, which employs over 250 data scientists, data engineers, and visualization experts in Bengaluru, Chicago and Hong Kong, has clients from industries like CPG, Retail, Insurance and Banking, across the US, UK, Singapore, Hong Kong, Europe and the Middle East.
Arihant Patni is an entrepreneur and an active venture capitalist and directly engaged in three-sector focused VC funds. He is the Managing Director of Ideaspring Capital, a new early-stage fund in collaboration with established IT entrepreneurs, that focuses on enterprise technology, the Managing Director and Co-founder of The Hive, a Silicon Valley ‘Big Data’ incubator with offices in Palo Alto, Mumbai and Bangalore, and the Director and Co-founder of Nirvana Ventures, a fund focused on the Internet space.
Lastly, Patni actively invests in his personal capacity via his family office, and works closely with portfolio companies.