IQLECT Software Solutions
| File:IQLECT Logo.jpg | |
| Private | |
| ISIN | 🆔 |
| Industry | |
| Founded 📆 | 2012 |
| Founder 👔 | Sachin Sinha (CEO) |
| Headquarters 🏙️ | , , |
Area served 🗺️ | Global |
| Products 📟 | Analytics software |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
IQLECT is a big data analytics company based in Bangalore, India.[1] The firm offers a cloud-based hardware-software converged service platform for real-time data analysis.[2][3] In July 2015, the company received $2 million (12 crore) in funding from Exfinity Venture Partners.[4]
History[edit]
IQLECT was founded in 2012 in Bangalore, India by Sachin Sinha who is also the company's CEO.[1][5] In its early stages, the company began building a NoSQL database with an elastic data framework called BangDB.[6] In late 2012, the company was named one of Venture Burn's 14 "hottest mobile startups"[7] in India and one of YourStory.in's "Top 19 Startups and Apps in India."[8] In July 2015, Exfinity Venture Partners invested $2 million (Rs 12 crore) into IQLECT. This was the first instance of Exfinity investing in an analytics company.[4][9] In July 2018, Iqlect has raised a bridge round of $2.5 million (approx ₹17.2 crore) from new investor VentureEast and existing investor Exfinity Ventures.[10]
Products[edit]
IQLECT's primary offering is a cloud-based hardware-software converged service platform for real-time data analysis. It is designed to be sold in a single box unit. Data analysis can be performed instantaneously in the cloud or on-premise.[2][4] IQLECT's product is designed to identify and analyze a variety of "Big Data." Its BangDB elastic framework database is written in C++ and is freely downloadable via a BSD license.[6][11] BangDB 2.0 which is expected to be released soon anytime by March 2020 is said to be capable of NOSql, Streaming and Machine Learning all combined in a single platform.
IQLECT also offers a product called ShopIQ for eCommerce businesses to offer real-time and predictive analytical solutions within an integrated platform.
References[edit]
- ↑ 1.0 1.1 "Exfinity Venture Partners invests Rs 12 crore in analytics, data start-up IQLECT". The Financial Express. 23 July 2015. Retrieved 26 October 2015.
- ↑ 2.0 2.1 Singh, Vishal (21 July 2015). "Analytics Startup IQLECT Raises $2Mn From Exfinity Ventures". Inc42 Magazine. Retrieved 26 October 2015.
- ↑ "Company Overview of Iqlect Software Solutions Pvt Ltd". www.bloomberg.com. Bloomberg. Retrieved 26 October 2015.
- ↑ 4.0 4.1 4.2 Mishra, Bibhu Ranjan (21 July 2015). "Analytics start-up IQLECT raises Rs 12 cr from Exfinity Venture Partners". Business Standard. Retrieved 26 October 2015.
- ↑ Roy, Debjyoti (23 July 2015). "Exfinity invests in online fitness marketplace Fitternity, Big Data analytics firm IQLECT". VC Circle. Retrieved 26 October 2015.
- ↑ 6.0 6.1 Mohan, Raghu (23 November 2012). "[YSTV] In Conversation With Sachin Sinha, Founder, IQLECT on the Big Data and the Database Landscape". Your Story.
- ↑ Atagana, Mich (28 November 2012). "14 of India's hottest mobile startups". Venture Burn. Retrieved 26 October 2015.
- ↑ Newman, Kira M. (2 December 2012). "Top 19 Startups and Apps in India Announced at MobiSparks Conference". Tech Cocktail. Retrieved 26 October 2015.
- ↑ "IQLECT". www.crunchbase.com. CrunchBase. Retrieved 26 October 2015.
- ↑ J Vignesh. "Economic Times". economictimes.indiatimes.com. EconomicTimes. Retrieved 26 July 2018.
- ↑ Sinha, Sachin (29 November 2012). "Performance data for LevelDB, Berkley DB and BangDB for Random Operations". High Scalability. Retrieved 26 October 2015.
External links[edit]
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