Last updated January 26, 2020
In AI News & Update

Affine Analytics Raises Angel Investment From FinAKS

Published on November 24, 2012
by Bhasker Gupta

Data Analytics startup – Affine Analytics has secured angel investment through an angel investor. FinAKS Advisors acted as the investment consultant.

The funds will be used to grow sales in US and India and creating IP.

Founded by Manas Agarwal , Vineet Kumar and Abhisekh Anand, Affine uses statistical techniques and mathematical models to analyse large amounts of data and provides insights for companies.

The company has identified 40- 50 parameters affecting sales of an e-commerce company and created a tool which could help the company improve on its rate of conversion.

The company has also developed a framework which can be applied to companies that want to bring down time taken go through data and come up with reports. Affine does similar work for companies in various segments like retail, banking and financial services and e-commerce.

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Bhasker Gupta

Bhasker is a techie turned media entrepreneur. Bhasker started AIM in 2012, out of a desire to speak about emerging technologies and their commercial, social and cultural impact. Earlier, Bhasker worked as Vice President at Goldman Sachs. He is a B.Tech from the Indian Institute of Technology, Varanasi and an MBA from the Indian Institute of Management, Lucknow.

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