Company:Crayon Data

From HandWiki
Crayon Data
TypePrivate
Founded2012
FoundersSuresh Shankar, Aarti Ramakrishnan, Vijaya Kumar Ivaturi, and Srikant Sastri
HeadquartersSingapore, Chennai
Area served
Worldwide
Key people
Suresh Shankar (CEO), Vijaya Kumar Ivaturi (CTO)
Websitehttps://www.crayondata.com/

Crayon Data is an artificial intelligence company headquartered in Singapore[1] with a development center in Chennai[2], and Dubai.

History

The company was founded in 2012[3] by Suresh Shankar[4][5][3][6][7], Aarti Ramakrishnan, Vijaya Kumar Ivaturi[6][8], and Srikant Sastri.

Investors in the company include Ratan Tata[9][10][11][6] and Kris Gopalakrishnan.[12][6]

William Bissell and Jungle Ventures[6] have also invested in the company. Bissell had participated in a second round funding in September 2013 that raised $1.4 million.[7]

The company raised bridge funding from Mitsui in 2016.[13]

In 2018, the company raised 8.7 crore rupees in a second round of funding.[14]

Product

The company's main product is its AI-led personalization platform called maya.ai.

In 2023, the company announced a partnership with Visa whereby Visa card issuers can offer personalized services to their customers using the AI capabilities of maya.ai.[15][16]

Recognition

In 2021, Crayon Data won in a partner category, Huawei Technologies Co. Spark, in a Singapore start-up competition called Slingshot. The government agency that organized the global competition is called Startup SG and the global start-up competition was started in 2017.[17]

See Also

  • Fractal Analytics
  • Mu Sigma

References

  1. ↑ Deoras, Shrishti (12 March 2019). "Singapore’s Top 10 High Growth Analytics & AI Startups With The Highest Funding". https://analyticsindiamag.com/singapores-top-10-high-growth-analytics-ai-startups-with-the-highest-funding/. 
  2. ↑ Goyal, Malini (8 August 2019). "Chennai is quickly turning into the new hotbed for deep-tech startup". The Economic Times. https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/chennai-is-the-new-hotbed-for-deep-tech/articleshow/70514504.cms. 
  3. ↑ 3.0 3.1 Soni, Sandeep (26 May 2018). "How This Former IBM Director Received a Backing From The TATA group". Entrepreneur India. https://www.entrepreneur.com/article/314032. 
  4. ↑ "The Best Books of 2020". https://www.bloomberg.com/features/2020-best-books/. 
  5. ↑ Lai, Leila (17 September 2019). "Crayon Data is busy redrawing battle lines". https://www.businesstimes.com.sg/hub/emerging-enterprise-2019/crayon-data-is-busy-redrawing-battle-lines. 
  6. ↑ 6.0 6.1 6.2 6.3 6.4 Arakali, Harichandan (9 November 2017). "Infosys co-founder Gopalakrishnan invests in predictive analytics startup Crayon Data". Forbes India. https://www.forbesindia.com/article/special/infosys-cofounder-gopalakrishnan-invests-in-predictive-analytics-startup-crayon-data/48639/1. 
  7. ↑ 7.0 7.1 Thomas, Prince (2 May 2014). "Fabindia's William Bissell is turning more of an angel investor". Forbes India. https://www.forbesindia.com/blog/business-strategy/william-bissell-the-angel-investor-is-scaling-up/. 
  8. ↑ "A book that helps start-ups find their way around". The Hindu Business Line. 12 January 2018. https://www.thehindubusinessline.com/specials/emerging-entrepreneurs/a-book-that-helps-startups-find-their-way-around/article9715233.ece. 
  9. ↑ "Ratan Tata invests in Chennai-based Crayon Data". Business Standard. 24 November 2015. https://www.business-standard.com/article/companies/ratan-tata-invests-in-chennai-based-crayon-data-115112400892_1.html. 
  10. ↑ "Happy Birthday Ratan Tata: Here are 26 investments since his retirement three years ago". 21 March 2018. https://www.dnaindia.com/business/report-happy-birthday-ratan-tata-here-are-26-investments-since-his-retirement-three-years-ago-2160099. 
  11. ↑ Dubey, Jyotindra (17 February 2016). "Ratan Tata’s small funding is a big deal for desi startups". The Hindustan Times. https://www.hindustantimes.com/business/ratan-tata-s-small-funding-is-a-big-deal-for-desi-startups/story-ke9UxmzeUQ6Sdzd14ylsZI.html. 
  12. ↑ "Infosys co-founder Kris Gopalakrishnan invests in big data startup Crayon Data". Business Standard. 7 November 2017. https://www.business-standard.com/article/companies/infosys-co-founder-gopalakrishnan-invests-in-big-data-startup-crayon-data-117110700245_1.html. 
  13. ↑ "Big data startup Crayon raises bridge funding round from Mitsui". Business Standard. 24 February 2016. https://www.business-standard.com/article/companies/big-data-startup-crayon-raises-bridge-funding-round-from-mitsui-116022401002_1.html. 
  14. ↑ Nair Ghaswalla, Amrita (12 March 2018). "Crayon Data raises Rs 8.7 cr in 2nd round of funding". The Hindu Business Line. https://www.thehindubusinessline.com/markets/stock-markets/crayon-data-raises-rs-87-cr-in-2nd-round-of-funding/article23112515.ece. 
  15. ↑ "AI-led relevance. Crayon Data and Visa partners to enable card issuers offer personalised solutions". The Hindu Businessline. 30 March 2023. https://www.thehindubusinessline.com/money-and-banking/crayon-data-and-visa-partners-to-enable-card-issuers-offer-personalised-solutions/article66680259.ece. 
  16. ↑ "Visa Partners With Crayon Data to Enable Card Issuers to Offer AI-Powered Solutions". 3 April 2023. https://fintechnews.sg/71156/ai/visa-partners-with-crayon-data-to-enable-card-issuers-to-offer-ai-powered-solutions/. 
  17. ↑ Hill-choi, Lee (2 May 2014). "Startup SG’s Singapore Week of Innovation and Technology (Switch) looks to spark start-up culture with the fourth Slingshot contest and other initiatives". South China Morning Post. https://www.scmp.com/country-reports/country-reports/topics/singapore-national-day-2021/article/3144349/startup-sgs. 

External links

Category:Artificial intelligence



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