Data analytics startup Ganit raises funding

Ganit, a Chennai- and New Jersey, USA-based AI and data analytics startup, has raised funding as part of its pre-Series A round. The round was led by Sangeet Kumar, co-founder & CEO of Addverb Technologies, Krishnan Vishwanathan, co-founder & CEO, Kissht, Anshul Gupta & Amit Raj, co-founders of EatClub Brands (formerly Box8). The new capital will be used to expand its product portfolio in areas such as voice of customer, forecasting, promotion planning, route optimization, price optimization and ESG (Environmental, Social and Governance). Ganit is also looking to increase its headcount to 500 by the end of 2023. Ganit helps enterprises to translate data into actionable insights and aims to make data consumable by designing and deploying purpose-built AI/ML solutions.