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Deal Alert: Rajan Anandan, Patni Bros, other angels invest Rs 5-Cr in Aureus Analytics

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Singapore- and Mumbai-based financial analytics firm Aureus Analytics has raised over Rs 5 crore ($850,000) in an angel round of funding led by Steven Sule, partner in investment firm Naste Advisors with participation from Rajan Anandan and Nirvana Venture founders Amit and Arihant Patni. Murugappa Group scion Arun Venkatachalam also participated in the round, which was raised through deal-making platform LetsVenture, whose co-founder Shanti Mohan is also an investor in Aureus Analytics. 

Aureus, founded last year by former BFSI software specialists Anurag Shah, Ashish Tanna and Nitin Purohit, has an R&D team in Mumbai. The company provides predictive analytics and big data ready platforms for insurance companies and banks. 

 
Venture Intelligence is the leading provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India. Click Here to view our products list including the Free Deal Digest Weekly: India's First & Most Exhaustive Transactions Newsletter.

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