Segment – B2B Saas, infra?
About
Founded in 2019, IndiaDataHub is a SaaS platform with data, presented in an affordable and accessible way for businesses, investors, students, and teachers. The legal name of the company is SixtyFour Data Intelligence Pvt. Ltd.
According to Traxn, IndiaDataHub is a provider of data analytics and intelligence platform. The features of the product include multi-layered data assets, data coverage, context data insights, data search, etc. It provides solutions to industries including agriculture, energy, government & finance, banking, etc.
The company has brought together economists to software developers to data scientists, all passionate about data. With a collective experience of a few decades, the team understands ‘nuances and the technology required to bring data to life.’
No information about size in terms of people, revenue etc.
The company has raised funding, including from Rainmatter Technology.
Key staff
Ashutosh Datar, co-founder – used to work as the Chief Economist and Strategist at IIFL Institutional Equities.
Pranoti Deshmukh, co-founder – has more than a decade’s experience in building analytical solutions for the financial services industry.
Ajita Bapat, co-founder – has over 20 years of experience in setting up data operations units and leading large digital initiatives in banking space. Chartered accountant by qualification.
Key insight/philosophy
India has issues with lack, quality and timeliness of data. There is also a problem with access to data in an affordable and easy-to-use way.
From the website –
‘Our aim is to make data widely accessible in an easy to discern format, and without it costing a bomb so that businesses, investors, students, and teachers can effectively use data.’
The platform offers multiple plans –
Media
Organising data, Zerodha, August 2022 https://zerodha.com/z-connect/rainmatter/organizing-economic-and-financial-data-with-ashutosh-datar
AWS Startup Central – Pranoti Deshmukh, IndiaDataHub, July 2023
Paisa Vaisa Ep. 264: The India DataHub Special, 2021
Analyst questions
What’s the vision – you mention business/investors on one hand and students/teachers on the other?
Why does India have a data problem? Is it a government problem or just white space for private players to act in? What is being done to fix it?
Any views on protocols like XBRL?
Should data be a free public good?
Talk us through your operations – how do you collect, clean and organize data?
How do you add context? You seem to have both ‘analysis’ and ‘insight’..’analysis’ is supposed to be a competitive advantage for investors/businesses so why would they take yours? isn’t insight a matter of opinion?
Who are your current clients? What’s your marketing and sales strategy? What do you wish was different for reaching your potential clients?
What’s your TAM? How big do you intend to get? How will you get there? Would you need more funding?
Prepared by – MMI Team, Sep 2023
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