Hyderabad based Helical IT solutions, a data warehousing and business intelligence services firm, has raised Rs 25 lakh from a Singapore based angel investor, the company said.
The company, incorporated in October 2011 became operational in November 2012. It provides business intelligence, data warehousing, data visualization, data modelling and business intelligence using social media tools.
Helical IT currently has an 8 member team and is looking to hire aggressively. The company has 7 clients with 3 more in the pipeline. One of their clients, Unified Social, manages social media for large companies like Microsoft, Nokia and Samsung.
The company was co-founded by Nikhilesh Tiwari and Nitin Sahu, both MBAs from the Symbiosis International University in Pune. The two have worked in various companies such as Vodafone and Wipro.
“The funds will be used to hire and build infrastructure. We also plan to enter the products space but that will come later,” said Nikhilesh Tiwari, Co-Founder, Helical IT Solutions.