Indix raises $4.5m in venture capital

INDIA — Data and analytics start-up Indix has raised $4.5m from venture capital firms Nexus Venture Partners and Avalon Ventures.

Indix, which was founded in 2010, will use the money to accelerate producer development and scale-up marketing and sales in the US and the funding follows a previous fund-raiser that raised $1.4m.

Avalon Ventures managing director Rich Levandov said: “We love that Indix is pioneering a new type of business application that is data-rich and insight-rich and visually appealing. I think it’s going to make the life of a product manager a lot easier.”

Pictured: Indix founder and CEO Sanjay Parthasarathy

We hope you enjoyed this article.
Research Live is published by MRS.

The Market Research Society (MRS) exists to promote and protect the research sector, showcasing how research delivers impact for businesses and government.

Members of MRS enjoy many benefits including tailoured policy guidance, discounts on training and conferences, and access to member-only content.

For example, there's an archive of winning case studies from over a decade of MRS Awards.

Find out more about the benefits of joining MRS here.

0 Comments


Display name

Email

Join the discussion

Newsletter
Stay connected with the latest insights and trends...
Sign Up
Latest From MRS

Our latest training courses

Our new 2025 training programme is now launched as part of the development offered within the MRS Global Insight Academy

See all training

Specialist conferences

Our one-day conferences cover topics including CX and UX, Semiotics, B2B, Finance, AI and Leaders' Forums.

See all conferences

MRS reports on AI

MRS has published a three-part series on how generative AI is impacting the research sector, including synthetic respondents and challenges to adoption.

See the reports

Progress faster...
with MRS 
membership

Mentoring

CPD/recognition

Webinars

Codeline

Discounts