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November 21, 2013

Deal Alert: Hive Technologies invests in data analytics firm Flutura

Hive Technologies, an investment and incubation firm backed by brothers Arihant Patni and Amit Patni, has made its first investment - in Bangalore-based Flutura, which provides data analytics solutions with a special focus on machine to machine communications and also in the oil and gas vertical.

Hive offers seed financing of up to Rs 13 crore as well as technology and business support for data analytic start-ups.

Source: Economic Times
 
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