cxo voice
  • Home
  • News
  • Expert Opinion
  • Leaders Talk
No Result
View All Result
  • Home
  • News
  • Expert Opinion
  • Leaders Talk
No Result
View All Result
Leaders Talk and Latest Tech News | CXO VOICE
No Result
View All Result
Home News

Big Data Firm “Goals101” receives $3.5m funding from Nexus Partners

News Desk by News Desk
September 25, 2018
Reading Time: 2 mins read
goals 101 funding
Share on FacebookShare on Twitter

New Delhi, 25 September 2018: Goals101, a Fin-Tech & Big Data analytics company, has confirmed that it had received a Pre-Series A funding of $3.5 million from Nexus Venture Partners, a leading global venture capital firm. Goals101 was started about 2 years ago by Visham Sikand along with Co-Founders & Core Team members Milan Naik (ex-Country Head, Liberty Videocon General Insurance), Ishank Joshi (ex-Account Head, Applied Mobile Labs), Anshuman Pandey (ex-CTO & Co-Founder, Ziffi.com) & Anupam Bhat (ex-Finance Director, Airtel Africa). The Founding Team was boosted by the entry of Raghunandan Mohapatra (ex-Global Head Digital Sales Design, Standard Chartered Bank – Global), Shyam Ramamurthy (ex-Global Head of Engineering, Yahoo.com), Jubin Mehta (ex-Executive Director, Standard Chartered Bank Malaysia) and Sankat Mochan Chauhan (ex-Mu Sigma). With this round of funding, Nexus also becomes a significant minority stakeholder in Goals101.

Speaking about the funding, Visham Sikand said, “We partnered with Nexus as they understand the metrics of this business & have a global view on their investments. The last two years of working with superbly talented minds across our Banking Partners has been fabulous. Post the round, which was a couple of months ago, the company has expanded heavily on its technology & data science capabilities and has also expanded to other potent geographies namely Malaysia, UAE, Qatar, South Africa and Kenya.”

 Commenting on the funding, Sameer Brij Verma, Managing Director at Nexus Venture Partners said, “We believe that Goals101 is a technology disrupter redefining next generation intelligent banking powered by transaction behaviour, location and social intelligence. Given the team and technology combination at Goals101, it’s not surprising that they have already made a mark in six countries with several banks in a matter of only two years. We are excited to partner them as they embark on their next phase of expansion and growth.”

With the launch of its Custom Designed Bank Platform ‘Alpha for Banks’, the company intends to make the entire banking journey far more Personalised, Automated and Delightful. Goals101 today has partnerships across 21 leading Banking Partners in Asia and solves multitude of user cases. The used case for each partner has been proven and its now working towards deeper integrations.

Visham Sikand, an alumnus of the Harvard Business School, is on his 3rd start-up, after 2 very successful boot-strapped entrepreneurial stints. His previous company was acquired by Aetna Inc. (a Fortune 50 company), post which he was their Chairman in India.

Indian fintech sector was approximately $33 billion in 2016 and is slated to reach $73 billion in 2020. It is constantly growing with the ever-changing ecosystem of customer expectations and regulators. And with such digital transformations, the banking services have seen a shift from the traditional brick-and-mortar model to a greater virtual presence. It’s the turning point that has impacted the entire ecosystem of the banking industry by redefining the modes of interactions.

ADVERTISEMENT
News Desk

News Desk

by CXO VOICE team memebrs, contact@cxovoice.com

Related Posts

No Content Available
Load More
ADVERTISEMENT

Expert Views

SaaS Rising: India is Ready for its Next IT Moment
Opinion

SaaS Rising: India is Ready for its Next IT Moment

January 31, 2023
Technology remains the main driver for insurance companies to scale and grow in 2023
News

Technology remains the main driver for insurance companies to scale and grow in 2023

January 10, 2023
Supply Chain Attacks – The Open Source Effect
Cyber Security

Supply Chain Attacks – The Open Source Effect

January 3, 2023
Technology Trends to Watch in 2023
Opinion

Top Technology Trends to Watch in 2023

December 21, 2022
Startups should embrace a down-round and restructure their firms: Flipkart CEO
Business

Startups should embrace a down-round and restructure their firms: Flipkart CEO

November 22, 2022

Latest Updates

AI-driven B2B marketplace Fashinza raises $30 mn to enhance supply chain

AI-driven B2B marketplace Fashinza raises $30 mn to enhance supply chain

by IANS
21 hours ago

SUN Mobility and Zomato collaborate to power 50K electric 2-wheelers for food delivery

SUN Mobility and Zomato collaborate to power 50K electric 2-wheelers for food delivery

by IANS
2 days ago

Will never share US user data with China, says TikTok CEO

TikTok CEO says, will never share US user data with China

by IANS
5 days ago

China's smartwatch shipments declined by 9.3% in 2022: Report

China’s smartwatch shipments declined by 9.3% in 2022: Report

by IANS
6 days ago

Hybrid workplace

78% of professionals heading back to the office by choice

by IANS
6 days ago

Adobe

Adobe unveils generative AI to enhance customer experiences

by IANS
1 week ago

Get Latest Update

Subscribe to our mailing list to receives newsletter direct to your inbox!

ADVERTISEMENT

Leaders Inerviews

Rising cyber attacks pose a serious threat to Indian SMBs, says Zakir Hussain
Cyber Security

Rising cyber attacks pose a serious threat to Indian SMBs, says Zakir Hussain

-
Axis Bank's Cloud-driven digital banking solutions
Banking

Axis Bank doubles down on cloud based digital banking solutions

-
digital-first strategy
Banking

Jana Small Finance Bank’s digital-first strategy enhances customer experience

-
email security interview
Cyber Security

What is email security? and its importance in securing enterprise networks

-

Entrepreneur

Samsung Electronics appoints its first female president

Inspiring Women Entrepreneurs in India (2022)

Technology Adoption For Entrepreneurs

Volunteering management is the need of the Hour

We bring business leaders' opinions and unique ideas on what’s happening in the market and its impact. Also, get the daily news, analysis, and insights.

Connect with us

Easy Links

  • Cryptocurrency
  • Event
  • Blockchain
  • Press Release
  • Resources & Downloads

Write Us

contact@cxovoice.com
  • Home
  • About
  • Contact Us
  • Advertise
  • Privacy & Policy
  • Feedback

© 2023 CXO VOICE

No Result
View All Result
  • Home
  • News
  • Expert Opinion
  • Leaders Talk

© 2023 CXO VOICE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/