Company:Crayon Data

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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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