Plug-and-play analytics platform BIVA Analytics raised $500K Seed funding
BIVA Analytics, a plug-and-play analytics platform, has raised $500K in a seed round headed by Equanimity Ventures. T-Hub, SucSeed Ventures, WarmUp Ventures, and value-adding angels also took part in the round.
According to a press release from BIVA Analytics, the funds will be used to concentrate on product development, market expansion, talent acquisition, and enhancing its product offerings for e-commerce analytics.
Abhiram Kolli and Akhila Ganti founded BIVA Analytics together in 2022. By combining data from a variety of sources, such as e-commerce stores, marketplaces, marketing platforms, logistics platforms, payment gateways, and order management platforms, BIVA Analytics empowers e-commerce businesses. Intuitive pre-built reports and a unified dashboard are features of the platform that enable workflow automation and simplified data interpretation.
The Hyderabad-based business claims that T-Hub has helped BIVA Analytics through its Lab32 program and has played a crucial role in nurturing BIVA’s growth over the past six months by offering advice on product development, go-to-market strategy, and investor connections.
Actify Data Labs, Amigo Labs, Atlan, Beagle, HashedIn, Kyvos Insights, and other major players are also major players in this market.