Thursday, Apr 25 2024 | Time 21:29 Hrs(IST)
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Business Economy


Decimal Point Analytics raises Rs 35 cr funding

Mumbai, May 28 (UNI) Decimal Point Analytics (DPA) announced on Saturday that it has received strategic investment of Rs 35 crore from a large global institutional investor.
DPA’s expertise in the finance and technology domains enables it to build a cutting-edge bespoke solutions in financial research and data analytics for its clients across the United States of America, United Kingdom, Europe, India, Middle East, and South Africa.
"With this investments, we are looking to expand our services in risk management, catastrophe modelling, actuarial services, and others," said Shailesh Dhuri, chief executive officer of Decimal Point Analytics, in a release here.
"Along with this, we have plans for an IPO as well in the coming years," he added.
With a team of about 500 employees, DPA has delivery offices in Mumbai, Nashik and Gandhinagar in India and marketing offices in the UK and the US, the release added.
UNI JM SS 1852
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