No-code analytics platform Biva Analytics has secured $500,000 in seed funding in a round led by Equanimity Ventures with participation from startup incubator T-Hub, SucSeed Ventures, WarmUp Ventures and value-additive angels.
Supported under the Lab32 programme, the startup was provided guidance on product development, go-to-market strategy and investor connects, T-Hub said in a release announcing the fund raise.
With the recent infusion of capital, Biva plans to focus on product development, market expansion and talent acquisition. These investments will further enhance its e-commerce analytics product offerings and consolidate position in the market. The startup has ambitious plans to integrate AI for marketing automation and competitor benchmarking, T-Hub said.
“Our investment in Biva Analytics reaffirms our unwavering commitment to fostering innovation within the startup ecosystem. This investment perfectly aligns with the strategic vision of T-Hub’s T-Fund, which was established to bolster the investment landscape in Telangana and indigenous startups,” CEO Mahankali Srinivas Rao said.
“We are excited about the future and well-positioned to accelerate our growth, drive innovation and make a lasting impact in the B2B SaaS analytics space,” Biva’s founders Abhiram Kolli and Akhila Ganti said.
