Decimal Point Analytics raises ₹35 cr

It plans to develop and market SaaS-based products through its wholly owned subsidiary DPA Smart Cloud at IFSC, GIFT City, Gandhinagar.

It plans to develop and market SaaS-based products through its wholly owned subsidiary DPA Smart Cloud at IFSC, GIFT City, Gandhinagar.

Decimal Point Analytics (DPA) Pvt Ltd, which provides data analytics products and services to global hedge funds, investment banks, venture capital firms, private equity funds, said it raised Rs 35 crore in equity capital from an unnamed large global Huh. Institutional Investors. The company declined to disclose the amount of dilution.

The firm serves its clients in the US, UK, Europe, India, West Asia and South Africa and is now planning to expand its operations in Brazil.

In future, it plans to develop and market SaaS-based products through its wholly owned subsidiary, DPA Smart Cloud at IFSC, GIFT City, Gandhinagar.

“The services offered under DPA Smart Cloud are expected to serve a wide range of financial services firms and provide access to better quality services at a lower cost along with the benefits that come as part of the cloud solution. Will invest capital to develop the cloud solution,” said Shailesh Dhuri, CEO, Decimal Point Analytics.

“With this investment, we aim to expand our services into risk management, disaster modeling, actuarial services and more. Using the latest and innovative technology, our clients have been able to achieve significant growth through quality, timeliness and efficiency. will be,” he said.