AI startup Data Sutram raises $2.07 mn

Artificial Intelligence startup, Data Sutram has announced that it has raised $2.07 million in a funding round. The investment is made by Varanium Capital and Yatra Angel Network. The startup was founded by three engineers- Rajit Bhattacharya, Aisik Paul, and Ankit Das. Data Sutram is based on location intelligence. It collects and curates data of a particular area or location and then helps companies with the possibility of growth of their services in that specific region. The data is collected through mobile phones, satellites, pos and then processed by their artificial intelligence and machine learning engines. Rajit Bhattacharya, Co-founder, and CEO, Data Sutram said, “With Data Sutram, the idea is to create actionable data that people can act on & take decisions that give an incremental lift to business operations”. The raised amount will be used for further expansion outside India.