NEWS12 May 2014

Krea founder invests in former employee’s new firm

Asia Pacific Financials News

INDIA — ResearchSuite Technologies, a survey programming and data analytics firm launched in February, has received angel investment from Pravin Shekar, founder of research panel firm Krea.

The size of Shekar’s investment has not been disclosed.

ResearchSuite was launched by former Krea, Toluna and Greenfield Online executive Arindam Bhattacharya with a focus on “automation, quick turnaround and cost effectiveness” in fieldwork management.

Shekar (pictured) said: “Arindam has a fantastic business model that has gone live and gained client traction within months of launch. ResearchSuite has a low-overhead cost model and is vigorously tapping into the need for tech-based automation. This investment will assist in quickening the hockey-stick growth that I foresee.”