BIVA Analytics, a Hyderabad, India-based plug-and-play analytics platform for e-commerce businesses, raised $500,000 in seed funding.
SaaS Investors
The round was led by Equanimity Ventures, with participation from Warmup Ventures, SucSeed Ventures, T-Hub, and angel investors.
Equanimity Ventures is a venture capital firm that invests in capital-efficient and tech-enabled early-stage businesses. Its expertise includes global advisors, venture partners, anchor investors, and venture teams. The company was founded in 2017 and is based in Mumbai, India.
BIVA Analytic Use of Funds
The funds raised will support product development, market expansion, and talent acquisition, strengthening the company's position in the e-commerce analytics market.
About BIVA Analytics
Founded in 2022 by Abhiram Kolli and Akhila Ganti, BIVA Analytics is a no-code SaaS tool that aggregates business-related data from multiple sources, including e-commerce stores, marketplaces, marketing platforms, logistics platforms, payment gateways, and order management platforms. The platform presents this data in intuitive pre-built reports, enabling workflow automation and better interpretation of insights for improved business efficiency. The company serves direct-to-consumer brands and e-commerce businesses in various sectors, including beauty and personal care, apparel, food and nutrition, and FMCG.
Funding Details
Company: Biva Analytics Private Limited
Raised: $500K
Round: Series A
Funding Month: October 2023
Lead Investors: Equanimity Ventures
Additional Investors: Warmup Ventures, SucSeed Ventures, T-Hub
Company Website: https://biva.ai/
Software Category: E-commerce Analytics
Source: https://viestories.com/biva-analytics-raises-500k-seed-funding-from-t-hub/