Tuesday, December 1, 2020
News
NEWS HOME
»
PRESS RELEASES

QoreNext Announces Angel Investment Funding
  SocialTwist Tell-a-Friend  
   


Date: 28-10-2020 10:10AM
Source: QoreNext
Category: Business/ Finance, Technology, General, Information Technology, Banking & Financial Services, Financial Analyst & Investors, Business Services, Technology, It & Tech
Location: Singapore & Seattle, United States

Business Wire India

QoreNext has closed an Angel funding round with three prominent investors. The new company, started by Annik founder Rahul Sahgal, is launching a cloud-based Data-as-a-Service platform called Qore, for the AI and BI space. Annik was sold, as part of a PE rollup under LiquidHub, to CapGemini in 2018. The Angel investors include Kristin Luck, Adil Wali and Tom Lynch. They are investing in their individual capacity.

Kristin Luck is a serial marketing technology entrepreneur whose latest venture is growth strategy consultancy, ScaleHouse. She has previously consulted with Annik. Kristin is a licensed investment banker with Oberon Securities and an accredited investor who has also consulted for high-growth brands such as Voxpopme and Dstillery among others. She has participated in both acquisitions and exits from $30M to $250M. She is also the founder of Women in Research (WiRE), a global network of over 11,000 female entrepreneurs in the Research and Insights space.

Adil Wali has been a founder, investor, and advisor in a variety of eCommerce, FinTech, and SaaS companies. He is the creator of Merit, a cryptocurrency which aims to be the world’s friendliest digital currency. He was also co-founder of ModCloth, a successful social commerce retailer. In addition to a senior leadership role at a top technology company, Adil is an active investor in multiple AI-driven quantitative hedge funds.

Tom Lynch has been the Chief Financial Officer at The NPD Group and is now responsible for M&A and partnerships. His management experience includes over 25 years in finance, operations, and transactions across the United States, Europe, and Asia. He has also previously led Media Metrix (NPD’s Internet tracking spin-off) through three acquisitions as well as successful initial and secondary public offerings.

About QoreNext

Through its Qore platform, QoreNext aims to help solve the data problems facing the AI and BI space, starting with foundational data. Qore curates, manages and sells, on a subscription basis, high-quality foundational data from various sources across multiple industries. The company recently set up an office in Singapore and has imminent plans to expand into the United States and India.



CONTACTS :

Media
QoreNext Pte Ltd | Christabella Foo, Marketing | +65 9817 3069 | christabella.foo@qorenext.com

More Press Releases

Diamond Standard Commodity and Token to List on INX

Successful Exit of TF Value Mart by KV Asia

Ecoppia Announces IPO After Successfully Completing Its Public Tender Phase

VEGA School, Gurgaon Is Delhi-NCR's Only Future Ready School

Areteans Celebrates Fifth Anniversary of Its India Operations

Amblin Partners Announces New Multi-Year Film Distribution Partnership With Universal Filmed Entertainment Group

Emory University to Host a Live Webcast With His Holiness the Dalai Lama

Airtel Africa Extends Partnership with CSG to Support Its Digital Transformation Efforts

Kymeta™ Announces Commercial Availability of its Next-Generation Antenna, Terminal, and Services Making Mobile Global

Duff & Phelps Expands Asia and Caribbean Restructuring Offering With Acquisition of Borrelli Walsh

Hong Kong Wine & Dine Festival Adopts an "Online + Offline" Format to Showcase a Boundless Gastronomic Experience to Global Audiences

Visa Invites India’s Top Startups to Unlock Their Global Potential

Holistic Lifestyle Coach Luke Coutinho Launches a Free E-book - a New Way of Living, to Help Readers Discover the Wellness Route

Takeda Completes Sale of Select OTC and Non-Core Assets to Celltrion in Asia Pacific

New Studies Conclude Xlear Kills and/or Deactivates SARS-CoV-2

Northern Data AG Opens First Own Data Center in Frankfurt

Study Comparing Two Noninvasive Indicators of Fluid Responsiveness on Mechanically Ventilated Patients Finds Masimo PVi® Effective and Advantageous

Infraprime Logistics to Catalyse USD 200m Investment in Construction Logistics

Feeling Good vs Looking Good: 49 percent of Gen Z Indian Men Are Highly Engaged in Facial Creams

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Delhi air quality in 'very poor' categor...
DDC polls in J&K introduction of true se...
Pradhan takes on Priyanka in war of word...
Rare pangolin rescued near Agra...
Reports of attempt to murder BJP leader ...
Plea in HC seeks inclusion of transgende...
More...    
 
 Top Stories
AYUSH Deptt to study Art of living ... 
Guterres urges greater inclusion of... 
Polling underway in Greater Hyderab... 
Two civilians injured in IED blast ... 
Delhi air quality in 'very poor' ca... 
Urmila Matondkar joins Shiv Sena... 
Survey finds top entertainment fran... 
Ayurveda surgery row: IMA threatens...