Flytxt Has Raised R70.11 Cr From Big Data Investments

Flytxt, a big data analytics firm, which has development centres in India, has raised $11 million (Rs 70 crore) funding from Sunrise Capital GmbH and Big Data Investments to expand operations.

Existing investors Cliffton Holding (The Netherlands), IVC Venture Capital AG, RM Beteiligungsverwaltung GmbH and Schnell Consult GmbH also participated in the round. The Netherlands-headquartered company has development centers in Mumbai, Trivandrum and also has a presence in London, Singapore, Lagos, Nairobi, Dhaka and Mexico City.

The company has development centers in Mumbai and Trivandrum with offices in London, Singapore, Lagos, Nairobi, Dhaka, Mexico City and a corporate office in Dubai.

On the platform, it claims to have deployed more than 50 customers across 32 countries and analysed data of more than 500 million mobile consumers.

The company’s clientele includes Caterpillar, Lodha, Idea, Aircel, Nokia, Samsung, Oracle, IBM among others.



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