Company:Manthan Systems

From HandWiki
Manthan
IndustryPredictive analytics
Founded2004
FounderAtul Jalan[1]
Headquarters
Bangalore[2]
,
India
Websitewww.manthan.com

Manthan Systems is a business intelligence and analytics company with headquarters in Bangalore, India.

History

Manthan was founded in 2004.[3]

In 2007, Manthan received a $2 million investment from IDG Ventures.[4] A 2012 funding round, with an investment of $15 million, was led by Norwest Venture Partners.[5] A 2015 round of $60 million was led by Temasek Holdings and Norwest.[6][7]

In November 2019, the company acquired Richrelevance.[8][9]

Products

Manthan Systems develops predictive analytics and business intelligence software, designed to assist businesses in determining what consumers are likely to buy.[3][10] Its clients have included Crocs, EBay, and McDonald's.[3]

In 2015, Manthan announced a product analogous to Apple's Siri, which would allow business executives to ask questions by voice, to which Manthan's software would generate a response.[11]

In 2016, Manthan announced a partnership with Tableau Software.[12]

Recognition

In 2014, Manthan was named company of the year in analytics by Frost & Sullivan.[13]

See also

References

  1. "Atul Jalan founded Manthan Systems raises $15 Million". http://www.siliconindia.com/shownews/Atul_Jalan_founded_Manthan_Systems_raises_15_Million-nid-63086-cid-100.html. 
  2. Arakali, Harichandan (29 August 2017). "Manthan Software: Analytics with cloud cover". Forbes India. https://www.forbesindia.com/article/hidden-gems-2017/manthan-software-analytics-with-cloud-cover/47975/1. 
  3. 3.0 3.1 3.2 Abrar, Peerzada. "Manthan Systems in a bid to raise Rs 500 crore". The Economic Times. https://economictimes.indiatimes.com/tech/ites/manthan-systems-in-a-bid-to-raise-rs-500-crore/articleshow/38388011.cms. 
  4. Qadri, Shabana (2007-03-26). "IDG Ventures Invests $2 Million in Manthan". https://www.firstpost.com/business/biztech/idg-ventures-invests-2-million-in-manthan-1858953.html. 
  5. "Norwest Venture invests $15 mln in India's Manthan Systems" (in en). Reuters. 2012-02-15. https://www.reuters.com/article/norwest-investment-idUSL4E8DF1HI20120215. 
  6. "Data Analytics Startup Manthan Gets $60 Mn In Series D From Temasek & Norwest". 4 February 2015. https://inc42.com/buzz/data-analytics-startup-manthan-gets-60-mn-series-d-temasek-norwest/. 
  7. Abrar, Peerzada (4 February 2015). "Temasek leads investment round of Rs 370 crore in Manthan Systems, buys out IDG stake". The Economic Times. https://economictimes.indiatimes.com/industry/banking/finance/temasek-leads-investment-round-of-rs-370-crore-in-manthan-systems-buys-out-idg-stake/articleshow/46114611.cms. 
  8. Pramanik, Ayan (6 November 2019). "Manthan Software to acquire US-based RichRelevance". Economic Times. https://economictimes.indiatimes.com/tech/software/manthan-software-to-acquire-us-based-richrelevance/articleshow/71932313.cms. 
  9. "Manthan Software acquires personalisation software maker RichRelevance" (in en-US). 2019-11-05. https://www.techcircle.in/2019/11/05/manthan-software-acquires-personalisation-software-maker-richrelevance. 
  10. Abrar, Peerzada (10 December 2010). "Manthan Systems emerges big in consumer trend projection". The Economic Times. https://economictimes.indiatimes.com/industry/services/consultancy-/-audit/manthan-systems-emerges-big-in-consumer-trend-projection/articleshow/7073775.cms. 
  11. Krishnamurthy, Krithika (4 August 2015). "Manthan System's 'Siri' to empower retail segment with voice-based searches". The Economic Times. https://economictimes.indiatimes.com/small-biz/startups/manthan-systems-siri-to-empower-retail-segment-with-voice-based-searches/articleshow/48337967.cms. 
  12. "Manthan Announces Technology Partnership with Tableau Software". http://www.nbc-2.com/story/31955655/manthan-announces-technology-partnership-with-tableau-software. 
  13. "Frost & Sullivan Honors the Best in Indian ICT Industry at the 2014 India ICT Awards". http://www.frost.com/prod/servlet/cpo/291232401. 

External links