Draft:Crayon Data
Crayon Data is a Singapore based big data and AI startup. The company is headquartered in Singapore with a development center in India.
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Company type | Private |
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Industry | Big Data and Artificial Intelligence |
Founded | 2012 |
Founder | Suresh Shankar, Srikant Sastri and Vijaya Kumar Ivaturi |
Headquarters | Singapore and Chennai |
Area served | Asia-Pacific, Middle East, Europe and North America |
Website | https://www.crayondata.com/ |
History
Crayon Data was founded in 2012 by Suresh Shankar, Srikant Sastri and Ivaturi Vijaya Kumar [1]. Crayon Data opened a development center in March 2013 at Chennai, India. In September 2013, the company received US$1.75 Million in it's second round of fund-raising from Ravi Tharkan, the CEO of L Capital Asia and Ravi Mantha, president, TiE Singapore. [2]
In October 2013, Crayon Data launched the TasteGraph, a cognitive algorithm with billions of data points on consumer lifestyle [3]. In February 2014, Crayon Data received ₹7.3 crore angel funding from Jungle Ventures, a Singapore based capital firm.[4]
In August 2014, Mindshare engaged in an exclusive partnership with Crayon Data to fuel Mindshares's planning and insights.[5].In August 2015, Ratan Tata, former chairman of Tata Group made an undisclosed investment to Crayon Data [6]. In February 2016, Japanese conglomerate Mitsui & Co made an undisclosed investment [7].
In November 2017, Infosys co-founder Kris Gopalakrishnan, former executive vice chairman of Infosys made an undisclosed personal investment [8] [9]. In October 2018, Crayon Data was backed by Ratan Tata and Kris Gopalakrishnan to raise series B fund [10].
Product
Crayon's flagship product maya.ai is an AI engine that helps businesses offer personalized recommendations to their customers. The product was introduced for the banking and e-commerce verticals [11].
Awards and recognition
- Top 5 Finalist at IBM's Watson Mobile Developer Challenge 2014[12]
- Top 3 finalists at OrangeFab 2015, Tokyo[13]
- Top 10 of Emerging Indian Analytics Startups by Analytics India Magazine [14]
- Listed in Gartner Hype Cycle 2016 [15]
References
- ^ "Srikant Sastri joins forces with Crayon Data". campaignindia.in. Retrieved 2019-07-27.
- ^ "Big Data startup Crayon Data raises $1.4M from Fabindia's William Bissell, L Capital's Ravi Thakran & others". www.vccircle.com. Retrieved 2019-07-27.
- ^ "Indian-Singapore start-up to launch consumer 'Taste Graph'". economictimes.indiatimes.com/. Retrieved 2019-07-27.
- ^ "S'pore's Jungle Ventures Invests Rs 7.3 crore in Crayon Data". economictimes.indiatimes.com/. Retrieved 2019-07-27.
- ^ "Mindshare and Crayon Data in Partnership to gain adaptive marketing edge". dataconomy.com. Retrieved 2019-07-27.
- ^ "Ratan Tata invests in big data startup Crayon Data". vccircle.com. Retrieved 2019-07-27.
- ^ "Singapore-based big data startup to enter Japan through new investment". techinasia.com. Retrieved 2019-07-27.
- ^ "Infosys co-founder Gopalakrishnan invests in predictive analytics startup Crayon Data". forbesindia.com. Retrieved 2019-07-27.
- ^ "Infosys co-founder Kris Gopalkrishnan invests in Crayon Data". livemint.com. Retrieved 2019-07-27.
- ^ "Crayon Data backed by Ratan Tata, Gopalakrishnan to raise Series B fund". business-standard.com. Retrieved 2019-07-27.
- ^ "Singapore's Top 10 High Growth Analytics & AI Startups With The Highest Funding". analyticsindiamag.com. Retrieved 2019-07-27.
- ^ "Meet the finalists: The Watson Mobile Developer Challenge". ibm.com. 2014. Retrieved August 5, 2019.
- ^ "Orange Fab Asia held Spring 2015 season Demo Day in Tokyo and announced launch of Startup Exchange Program". orangefab.asia. 2015. Retrieved August 5, 2019.
- ^ "10 Emerging Analytics Startups in India". kdnuggets.com. Retrieved 2019-07-27.
- ^ "Gartner's 2016 Hype Cycle". gartner.com. 2016. Retrieved August 5, 2019.