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.

Res_4011653_Pravin Shekar

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.”