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Big Data startup Qubole has raised $25 Mn. The investors include Singtel Innov8 and Harmony Partners along with the participation of existing investors. The Startup plans to expand its operations in Asia Pacific and Australia and strengthen its product roadmap.
The Startup is headquartered in Bengaluru and is looking to tap the growing big data market, AI and machine learning in APAC region. Commenting on the fundraise, Punit Chiniwalla, Senior Director of Singtel Innov8, said “There is a significant opportunity for big data in the Asia Pacific region. Qubole makes it easy for enterprises to access best-in-class analytics for quicker, more accurate decision making in a cost-efficient way. We are excited to partner with Qubole and their incredibly talented team.”
Ashish Thusoo Founder and CEO added, “Qubole is now at a pivotal growth point. Our sales momentum and product innovation in the last year have propelled us to the next stage of our global expansion. As big data market demands continue to grow and evolve, this strategic investment and the addition of Kevin and Mohit to our leadership team position Qubole as the leader in helping enterprises around the world successfully meet their big data project goals.”