Decimal Point Analytics, a Mumbai, India-based monetary analysis and analytics firm, raised $4.7M in funding.
Un unnamed world insurance coverage firm within the GCC area made the funding.
The corporate intends to make use of the funds to construct DPA’s supply functionality, strengthen the workforce and create a expertise platform to facilitate their consumer operations.
Fashioned in 2003 by Indian Capital Markets and led by CEO Shailesh Dhuri, Decimal Level Analytics gives Analysis and Knowledge Analytics services and products, together with Machine Studying and Synthetic Intelligence-based options. Key consumer classes embrace Knowledge Suppliers, Asset Administration Firms, Personal Fairness Companies, Hedge Funds, Banks, Insurance coverage Firms, and Broking Homes.