Helical IT Solutions has announced that it has raised a seed funding of Rs. 2.5 million from a Singapore based Citibank official. The company was bootstrapped since the last six months before this inflow of cash. The company has been founded by Nikhilesh Tiwari and Nitin Sahu.
Helical IT specialized in a niche but upcoming sector of business intelligence. We did a feature on business intelligence 2 months ago and you can read it here. The startup focuses on open source technologies and is based in Hyderabad. It also provides data warehousing services. Their solutions are geared towards making companies more efficient and thus save money in the process.
The companyt lists Unified Social, Impact Radius, Sage etc. as clients. The Helical team currently has 8 full time people. The company will use the funds to hire aggressively and foster partnerships in the open source domain eg. vendors like Jaspersoft and Pentaho. They are also planning to build up their capability of offering sector wise BI services. The company also offers data modelling and data visualization services besides data warehousing and business intelligence.
Website | Helical IT Solutions