Sentieo, a financial research platform, Wednesday said it has closed a USD 19 million funding round, led by Centana Growth Partners.
Funds from the series A round, which saw participation from existing investors, will be used to expand global growth and product development, a statement said.
"...we built Sentieo's AI-powered search engine to effortlessly pair with our research notebook and RMS. This means that clients can move from data identification to extraction and collaboration in a single web-based, mobile-friendly workflow. The results are clear: faster, deeper insights and better performance," Sentieo CEO and Co-Founder Alap Shah said.
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TAKE Solutions Q2 net profit up 65.6% to Rs 60.79 cr
* TAKE Solutions Wednesday said its net profit for the September 2018 quarter grew 65.6 per cent to Rs 60.79 crore from Rs 36.6 crore in the year-ago period.
The operating revenue for the said quarter grew 39 per cent to Rs 515.8 crore from Rs 370.9 crore in September 2017 quarter, TAKE Solutions said in a statement.
"TAKE recorded a high growth rate this quarter and we continue to invest ahead of the growth curve in the right technology and infrastructure to position us as the most preferred partner for global pharmas," TAKE Solutions Vice Chairman and MD Srinivasan H R said.
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Subex Q2 revenue up 9 per cent to Rs 88.06 cr
* Telecom analytics solution provider Subex Wednesday said its net profit for the September 2018 quarter more than doubled to Rs 6.31 cr from Rs 3.04 crore in the year-ago period.
The revenue for the said quarter grew 9 per cent to Rs 88.06 crore from Rs 81.06 crore in September 2017 quarter, Subex said in a statement.
"...we are pleased to have ended this quarter on a strong note, having achieved our targets. We closed a number of new marquee customer wins and witnessed good traction from the APAC, MENA, and Africa markets," Subex MD and CEO Vinod Kumar said.
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