YNOS Venture Engine gets Rs 2.5 cr

Chennai: IIT-Madras incubation cell startup YNOS Venture Engine has raised around Rs 2.5 crores ($3,50,000) in seed funding from business leaders Polaris' Arun Jain, Cognizant's Lakshmi Narayanan, Sarath Naru, Prashanth Prakash, Madan Padaki, M. Srinivasa Rao, Shalini Chhabra, and others.YNOS is a business intellgence and analytics platform for India’s innovation and startup ecosystem. YNOS said it selectively approached individual investors passionate about enabling the early-stage ecosystem, inviting them to invest. YNOS leverages technology, data science techniques and marker analytics to provide customized insights and recommendations to startup founders, venture investors, innovators, and other stakeholders.They have already on-boarded 83,460+ startups, 5,600+ Angels and 1,500+ VCs & Networks as part of their exhaustive intelligence. The funding received will be used to further scale technology investments and strengthen ongoing business development activities.

Professor Rishikesha T Krishnan, Samit Jain, Praveen Joseph, ZAR Business Partners LLP, Rickson Rodricks, Ajit Thyagarajan, Siddharth Ram Athreya, and Naresh Ranwah are a few other investors who backed the startup in this round.