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Home Banking & Finance

Noida’s Polestar says Series-A fund is for scaling in the US-Indian markets

Fiinews by Fiinews
January 11, 2022
in Banking & Finance, Investment, Technology
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Alsisaria to venture into new markets; to seek the best talent

Polestar Solutions, a leading player in data analytics and enterprise performance management (EPM) from Noida, has raised an undisclosed amount in Series-A funding from a US-based strategic investor for growing businesses in the United States and India.

“The fundraise is a strategic partnership and we will deploy these funds to fuel our growth in the US and India. We will also invest in scaling our services to serve the growing demand for competitive data intelligence and actionable business insights,” said Chetan Alsisaria – CEO & Co-Founder, Polestar Solutions.

“As we continue to build our presence and venture into new markets, we want to attract the best talent to join our community and support our growth,” he said on 10 Jan 2022.

The round of investment is driven by the significant revenue growth, strong traction (across segments and geographies), and competitive advantage the company has consistently established over consecutive years.

Recently, Polestar Solutions was featured in the Financial Times Ranking: Asia-Pacific High-Growth Companies 2021, Economic Times India’s Growth Champions 2021 and Clutch Top IT Services India 2021.

Founded in 2012 by Chetan Alsisaria (CEO & Co-Founder), Amit Alsisaria (COO & Co-Founder) and Ajay Goenka (CFO & Co-Founder), Polestar Solutions provides enterprises with a unique mix of technology, business analytics and consulting services to help reimagine innovation using intelligent big data and analytics decision systems. The company offers its services across data engineering, data management, business intelligence, advanced analytics and machine learning. fiinews.com

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