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Retail-focused SaaS startup Impact Analytics raises $40-M from Sageview Capital, others

Economic Times   Impact Analytics  

Bengaluru-based Impact Analytics , a retail-focussed Software-as-a-Service (SaaS) retail startup, has raised USD 40 million in growth financing led by Sageview Capital. Vistara Growth also participated in the round.Sageview Capital partner Jeff Klemens and senior advisor Prashanth Palakurthi have joined the company’s board of directors. The company counts Aarin Capital and Argentum Group among its investors.Founded in 2015, Impact Analytics services global brands and retailers to optimise and automate decisions across such areas as demand forecasting, pricing, promotions, assortment and inventory management. The company will use the fresh capital to expand its Bengaluru-based team and expand its sales, marketing, and customer service organisations across geographies.