Plug and play analytics platform BIVA Analytics has secured $500K in a seed round led by Equanimity Ventures. The round also witnessed the participation of T-Hub, SucSeed Ventures, WarmUp Ventures and value additive angels.
The proceeds will be deployed towards focussing on product development, market expansion, talent acquisition and enhancing its e-commerce analytics product offerings, BIVA Analytics said in a press release.
Co-founded in 2022 by Abhiram Kolli and Akhila Ganti, BIVA Analytics empowers e-commerce businesses by aggregating data from various sources, including e-commerce stores, marketplaces, marketing platforms, logistics platforms, payment gateways, and order management platforms. The platform offers a unified dashboard and intuitive pre-built reports, enabling workflow automation and streamlined data interpretation.
According to the Hyderabad-based company, T-Hub has supported BIVA Analytics through its Lab32 program and has been instrumental over the past six months in nurture BIVA’s growth by providing guidance on product development, go-to-market strategy, and investor connections.
The other significant players in this space are Actify Data Labs, Amigo Labs, Atlan, Beagle, HashedIn, Kyvos Insights and others.
