Voxco, a global leader in cloud and on-premise omnichannel survey software, announced it has acquired Actify Data Labs (a True North company), an end-to-end. Meet the Data Analytics Leaders Actify Data Labs was founded by Hindol Basu and Bijoy Khandelwal. With True Norths backing, there is enough action in their portfolio companies for Actify to serve as an analytics partner. 62 Number of Organizations $514.8M Total Funding Amount 18 Number of Investors India Investors 1,910 Number of Organizations $136.3B Total Funding Amount 2,499 Number of Investors M&A Details Actify Data Labs was acquired by Voxco Survey Software on Jan 11, 2022. Voxco raised the funding for acquisition from Pivoton Capital, a current syndicate of Canadian and US PE investors. The power of the Actify platform will be a key element in strengthening Voxco's experience management offering. Try for free at rocketreach.co Read more here. This will enhance our experience management offering globally, he said. Actify Data Labs Employees: 34 | Industry: Data Science, Machine Learning, Artificial Intelligence | Founded: 2017 | View Actify Data Labs's full company profile >>> Rocketreach finds email, phone & social media for 450M+ professionals. Actify helps organizations in managing churn, enhancing customer lifetime value, reducing credit risk and making sense of unstructured text and image data. Find useful insights on Actify Data Labs's company details, tech stack, news alerts, competitors and more. Our platform provides. Actify Data Labs' mission is to democratize data use and make it available to every organization. A great deal of knowledge and information already exists, but whilst the organisations across these areas share common goals, they are . She believes that technology has and will continue to change the world very fast and that it is no more cool to be old-school. data mart creation4. Communicate Discover special offers, top stories, upcoming events, and more. The PE firm made either partial or full exits from at least eight companies in 2021 year, though it also sealed new investment deals. Voxco, a Canadian cloud and on-premise omnichannel survey software firm, said Tuesday it has acquired analytics platform Actify Data Labs from Indian private equity firm True North. Contact Information Website www.actifydatalabs.com DATA ANALYTICS SOFTWARE Uncover insights faster & take better decisions Elevate insights with predictive analytics to improve customer experience, boost loyalty & drive growth. Actify Data Labs is a data platform and machine learning company. Actify Data Labs aims to achieve value creation for its customers . This article showcases our top picks for the best Hessen based Social companies. Tech is turning Astrology into a Billion-dollar industry, Worlds Largest Metaverse nobody is talking about, As hard as nails, Infosys online test spooks freshers, The Data science journey of Amit Kumar, senior enterprise architect-deep learning at NVIDIA, Sustaining sustainability is a struggle for Amazon, Swarm Learning A Decentralized Machine Learning Framework, Fighting The Good Fight: Whistleblowers Who Have Raised Voices Against Tech Giants, A Comprehensive Guide to Representation Learning for Beginners. An AI platform can sieve all scans and use a set of parameters to figure out malign conditions in scans, and can enable radiologists make better decisions. Transaction Name Actify Data Labs acquired by Voxco Survey Software Using Voxco, organizations can foster loyalty, increase customer lifetime value and enhance . In the next phase of their journey with Groupe Voxco, Actify will pave the way to becoming a major player in the global marketplace for data-driven decision-making.". Actify Data Labs, which won $10 million in funding with just an idea, signals the rise of a product nation. Over the last few years, scientists have used neural networks, which mimic real neurons, to made breakthroughs in machine learning. Headquartered in Bengaluru, Actify Data Labs is an augmented intelligence company that delivers rapid business impact using data science and data engineering capabilities. Having an AI platform alone does not solve the problem, Hindol says. Samvad Partners > The Legal 500 Rankings India > Banking and finance Tier 2 Samvad Partners is retained by the majority of private sector banks for advice on financial lending, and recently made headway in the public sector through an empanelment with the State Bank of India.Team head Vineetha MG leads on the breadth of corporate and project finance transactions, including financial restructuring. It would take a good month or more to get these insights and there was always a lag. Interestingly, Hindol was considered the man for the job because he was also part of the team that build the credit score in CIBIL, a rating stack that scores all consumers on their credit prudence. But the company must win over large corporates and add to their portfolio. Top crypto experts predict that Flasko will increase by over 6,000% by the end of 2022 and that the protocol will be a market leader in regards to alternative investment companies within crypto. We are thrilled to be part of a global leader like Voxco where our technology will play an integral role in reimagining the research technology, survey and experience management platform of the future," said Hindol Basu, CEO of Actify Data Labs. The breakneck pace of technology in recent times has made artificial intelligence (AI), once the preserve of sci-fi novels, a reality. exposing data . Actify Data Labs is a data platform and machine learning company. The functional breadth, scalability and technology leadership of our platform can be leveraged to the fullest as part of our journey with Voxco," said Bijoy Khandelwal, COO and Chief Architect of Actify Data Labs. However, in this decade, the cloud changed everything. Get emails and phone number of Actify Data Labs employees. Please enter your username or email address. This means that every time you visit this website you will need to enable or disable cookies again. The company provides government agencies, market research organisations, global corporations and universities with a platform to collect data via online and mobile surveys, face-to-face offline surveys or even over-the-phone interviews. YourStorybrings to you a dozen startups in the space, under#ProductUprisingwhich have the potential to scale, despite the hurdles. Actify Data Labs is a data platform and machine learning company. If you disable this cookie, we will not be able to save your preferences. But, its imperative to know what you want from AI if you want to reap the benefits, says Hindol Basu, CEO and Founder of Actify Data Labs. The ability to pull data in volumes became easier as storage technologies improved and compute power gave rise to machines that could process statistical models faster. Voxco said the funding for the acquisition comes from Pivoton Capital, a syndicate of Canadian and US private equity investors. Heres Why, On Making AI Research More Lucrative In India, TensorFlow 2.7.0 Released: All Major Updates & Features, Google Introduces Self-Supervised Reversibility-Aware RL Approach. The company's platform is designed to simplify the process of data science and data engineering by integrating multiple data sources to create a single source of truth and conduct advanced analytics, thereby improving business efficiencies by using data to make smarter and faster decisions. Cision Distribution 888-776-0942 | Voxco, a leading actionable insights platform, helps the world's top brands make data-driven decisions to drive growth & fuel omnichannel experiences. For example, a hospitals radiologist has to look at more than 10,000 scans a day and s/he may miss out on malignant tumours because of fatigue. The Bay of Biscay in the Atlantic Ocean lies to the west. Till 2016, Hindol was just another data scientist building data models for corporates like Tata. MuSigma and Fractal Analytics are some of the companies that have raised money from private equity companies too. Actify is enterprise software that complements and adapts your CAD, ERP, and other software to work the way you do, so you can unleash your potential. The financial details of the deal were not revealed. Headquartered in Bengaluru, Actify Data Labs, an augmented intelligence company, provides data engineering and data science capabilities and has helped enterprises leverage data using ADAPTify its technology lab and analytics platform. Actify can replace your homegrown systems with enterprise solutions built for the way you work, priced so everyone can use them. Headquartered in Bengaluru, Actify Data Labs is an augmented intelligence company that delivers rapid business impact using data science and data engineering capabilities. Being conceptualized by True North - one of the largest and most reputed private equity funds in India, Actify aspires to be a globally recognized thought leader and an outstanding value creator.The sole purpose of . It also checked out of Meru Cabs, Magma Fincorp, Atria Convergence and RDC Concrete. We are thrilled to be part of a global leader like Voxco where our technology will play an integral role in reimagining the research technology, survey and experience management platform of the future.. Actify Data Labs, which won $10 million in funding with just an idea, signals the rise of a product nation. Disclaimer: Bareback Media has recently raised funding from a group . Funding for the acquisition comes from Pivoton Capital, a syndicate of Canadian and US private equity investors. Our all-data platform helps organisations leverage the power of internal and external data. So for Actify and its 15-member team, the road isnt easy. Compute and storage became faster and cheaper. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Our platform provides comprehensive utilities for 1. data integration 2. data . Pays de la Loire, rgion of France encompassing the western dpartements of Mayenne, Sarthe, Maine-et-Loire, Vende, and Loire-Atlantique. business analysis5. Actify's . This miss could lead to a problem for the patient thinks s/he is healthy, but may need immediate treatment. Our mission at Voxco is to transform the actionable insights industry and remove the technological barriers for professionals to enable a seamless research technology experience. Combining forces with Actify will create a perfect mix of capabilities to fuel the future of experiences for companies. Private equity and venture capital firms typically strike several exits from portfolio companies before raising new funds in a bid to showcase returns to attract potential limited partners, or investors. True North today announced the signing of a definitive agreement to sell its entire stake in Actify Data Labs, a greenfield data-driven analytics company Actify Data Labs Private Limited is an unlisted private company incorporated on 01 January, 2018. This website uses cookies so that we can provide you with the best user experience possible. Voxco CEO Sumit Aneja said combining forces with Actify will create a perfect mix of capabilities to fuel the future of experiences for companies. Together, they aimed to merge data science with machine learning to create an AI platform that could work across verticals. "Actify Data Labs is already working with True North's portfolio companies and is helping them leverage the transformative power of 3A (analytics, algorithms and artificial Intelligence) and build internal capabilities," according to a statement issued by True North. Recueillez, mesurez et agissez sur les donnes. Over the previous decade, data was pulled and organised in a business intelligence tool. Join Our Telegram Channel for More Insights. Le Mans (/ l m /, French: ()) is a city in northwestern France on the Sarthe River where it meets the Huisne.Traditionally the capital of the province of Maine, it is now the capital of the Sarthe department and the seat of the Roman Catholic diocese of Le Mans.Le Mans is a part of the Pays de la Loire region.. Its inhabitants are called Manceaux (male) and Mancelles (female). And so Actify was born in early 2016. Here is a summary of financial information of ACTIFY DATA LABS PRIVATE LIMITED for the financial year ending on 31 March, 2021. Bangalore based Actify Data Labs develops differentiated solutions for leveraging the power of Image, Voice and Text (IVT) data. Actify Data Labs (ADL) is an AI (Augmented Intelligence) company that delivers rapid business impact using data science and data engineering capabilities. Actify Data Labs Private Limited registered address is Rocklines House, Ground Floor 9/2 Muesum Road,Bangalore,Bangalore-560001,KA. Actify's comprehensive data platform and AI solutions provide a single platform to navigate every step in the data journey. The business can charge based on the number of scans made or an annual contract for creating outcomes. Actify's flagship data platform ADAPTify is a No-coding workflow based end-to-end data and analytics platform that accelerates the complete data-to-decisions life cycle and democratizes AI by . The capital is Nantes. Use Slintel to connect with top decision-makers at Actify Data Labs. To explore Actify Data Labss full profile, request access. Actify Data Labs Employees Size 10-50 employees: Specialties: Data Science, Machine Learning, Artificial Intelligence, Data Engineering, Data and Analytics Platform, Predictive Analytics, Risk . You will receive a link to create a new password via email. Developer of an end-to-end data and analytics platform intended to offer services in analytics, algorithms and artificial intelligence. 1. data integration 2.. Funds Raised Number of Funds 1 Total Fund Raised $10M Actify Data Labs has raised a total of $10M in a single venture fund, Fund I. Our all-data platform helps organisations leverage the power of internal and external data. Its registered office is in Bangalore, Karnataka, india. 2022 PitchBook. These startups and companies are taking a variety of approaches to innovating the Social industry, but are all exceptional companies well worth a follow. Startups like Embibe, Lymbyc, and Haptic are investing heavily in AI to differentiate their business. The acquisition will help Voxco to upgrade its experience management offering and improve its bottom line. AI fundamentally changes business models because it is outcome-driven, Hindol says. It didn't disclose the deal value. Actify Data Labs is an Augmented Intelligence company that delivers rapid business impact using data science and data engineering capabilities. "We feel extremely excited to be part of the journey in creating the next generation experience management platform. In 2018, True North had incubated Actify Labs from its fifth fund with a $10 million commitment. SolarSquare raises Rs 100 Cr Series A funding led by Elevation Capital, Lowercarbon, Why the new-age used car retailing model has collapsed, Scoop: US law firms file class action suits against Freshworks, Global leaders should look at sustainability as a key aspect of their mission 15 quotes on motivation and change, India gaming market to touch $8.6B by 2027, report says. Hindol says he is talking to several hospitals and healthcare providers to pilot the platform. Actify Data Labs is owned by True North, an Indian private equity firm based in Mumbai. Being conceptualized by True North - one of the largest and most reputed private equity funds in India, Actify aspires to be a globally recognized thought leader and an outstanding value creator. Gather, measure & uncover insights that matter. The flurry of exits come even as True North is laying the groundwork to raise a new PE fundits seventh. . Voxco Insights Platform | 8,454 followers on LinkedIn. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. After a year of hard work, the Actify platform is about to go to market. Any organisation needs to understand its objectives and outcomes. Win whats next. They started with espousing True North's 3A (Analytics, Algorithms and AI) vision in investee companies and have grown to a company that has become a significant partner for many India-based data-driven organizations today. Actify Data Labs industries IT Services: Headquarters Location: 43 Residency Road, Bengaluru, Karnataka, 560025 IN 43 Residency Road, Bengalur. We devote in a pool of exceptionally skilled professionals of diverse . True North has successfully launched six separate investment funds with a combined corpus of ~ USD 3 billion including co-investments. This will enhance our experience management offering globally," said Sumit Aneja, the CEO of Voxco. Actify Data Labs use these email formats. Starting in 2020, AI-related job creation will cross into positive territory, reaching two million net-new jobs in 2025. True North had incubated Actify Labs in 2018 from its fifth fund with a $10 million commitment. We are using cookies to give you the best experience on our website. In India, most technology, analytics, and data science companies specialize in the services business which hinges on rupee-dollar arbitrages . This was structured and then given to the data team to create data models that could provide insights. Offers a workflow based data lake & machine learning platform and deep expertise in risk management, consumer businesses, satellite & geo-spatial. However, the heartening thing is that money is flowing into product ideas. The company is focusing on AI for medical diagnosis, crop genomics, and automated. Voxco said the funding for the acquisition comes from Pivoton Capital, a syndicate of Canadian and US private equity investors. Funding for the acquisition comes from Pivoton Capital, a current syndicate of Canadian and U.S. private equity investors. If people dont update themselves with the technology, they will surely be left behind. Several companies are investing in AI for better outcomes. Funding for the acquisition comes from Pivoton Capital, a current syndicate of Canadian and US PE investors, the company said in a statement on Tuesday, without disclosing any further financial details of the deal. In its home country, the new Performante version of th Go Ahead! The company is focusing on AI for medical diagnosis, crop genomics, and automated voice interactions. Actify is a Glasgow-based social enterprise formed in 2016 with the social mission of improving the UK's health and wellbeing through increased levels of physical activity. True Norths exit from Meru was among the worst exits by an PE firm in India last year. Anand Narayan, Chief Digital Officer, True North stated, "It is exhilarating to see the Actify Data Lab's growth since True North incubated the company in 2018. Voxco raised the funding for acquisition from Pivoton Capital, a current syndicate of Canadian and US PE investors. Actify Data Labs specialises in information technology & services. It is definitely worth checking the links below to learn more about Flasko (FLSK). Amlgo Labs | 2,741 followers on LinkedIn. With digital adoption on the rise, rapidly changing customer preferences and data fragmentation are emerging as major challenges for businesses . A Complete Guide to Decision Tree Split using Information Gain, Key Announcements Made At Microsoft Ignite 2021, Enterprises Digitise Processes Without Adequate Analysis: Sunil Bist, NetConnect Global, Planning to Leverage Open Source? This fund was announced on Jan 17, 2018 and raised a total of $10M. The Company's comprehensive data platform and AI solutions provide a single platform to . from 8 AM - 9 PM ET. Overview Top Contacts Similar Company FAQ Actify Data Labs overview Voxco had previously raised an undisclosed amount of growth capital from Pivoton in August 2020. AI is slowly changing the world as we know it. Voxco is a provider of omnichannel cloud and on-premises enterprise feedback management solutions. Actify: the data platform and AI company acquired by Voxco By Catherine Gray January 12, 2022 3 mins Following the announcement that Voxco has acquired Actify Data Labs to strengthen its management offering, we take a look at the company's work with AI Actify Data Labs offers a comprehensive data platform, as well as AI solutions. Actify Data Labs, Bangalore, India. Our all-data platform helps organisations leverage the power of internal and external data. A few months later, Bilal Arif joined the founding team. In 2018, True North had incubated Actify Labs from its fifth fund with a $10 million commitment. Heres hoping many more find their way and make India the AI capital of the world. It is classified as a private limited company and is located in Bangalore, Karnataka. At AIM, she writes stories that question the new inventions and the need to develop them. But if your objective and question is not right, finding insights will be difficult, he says. 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