Resonance Data Management, which is a Gurgaon-based Artificial Intelligence(AI)-driven enterprise data platform, has now secured an undisclosed amount of funding in the seed round from Inflection Ventures.
The startup as of now has plans to use to recruit new engineers and expand its sales presence in some of the international markets, said the announcement issued by the IP Ventures.
Resonance Data Management has developed data mining solutions like its flagship product, Rene. And which captures and analyses client and sales data. The solution is capable of analyzing unstructured data available in customer relationship management systems and emails.
The startup has already got clients from the southeast Asian Market and US market, said the announcement.
Resonance was founded by Rantej Singh and Shishir Kapoor in 2017. While Kapoor has worked with Opera Solutions and Singh worked with Thomson Reuters.
IPV not only carried out a deep due-diligence of our business but also provided us with detailed feedback from senior industry leaders. which greatly helped us in focusing on our strengths and addressing the gaps. IPV has opened many business development opportunities through its networking events
Kapoor and Singh
IP Ventures was founded by the CXO Genie in 2017, a platform that is floated by the Chief Financial Officer. Among the partner at the IP Ventures are the Mitesh SShah. The Former Chief Financial Office at BMS, and Sumeet Kapur, the founder of the WellCure.com
IP Ventures’ earlier investments
Leben Care Technology, which is an AI-driven health-tech platform, has now secured an undisclosed amount of funding from IP Ventures. The startup has also revealed that it would use the funds to strengthen sales and marketing teams while further building on its product.
Intugine Technologies, a Bangalore-based supply, and logistics chain management platform. And secured funding from IP Ventures to bolster operations and make additions to its sales team.
IP Ventures has also invested in the Internet of Things platform Shook. But the funds will be going to be used by the startup to expand into the markets of the South East and Middle East Asia.
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