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Intelligence Node Raises $750,000 Investment From BlackSoil Capital

Intelligence Node, the company behind competitor-tracking tool Incompetitor has received an investment of $750,000 from a Mumbai-based financing firm.

"Intelligence Node has some great aspirations in reaching out to blue-chip MNC's in global retail. The utility for our technology and products is immense and with the help of venture debt provided by BlackSoil our business has got optimum fuel to run and grow faster in this industry," said Sanjeev Sularia, CEO and Co-founder of Intelligence Node.

"We found the products, the technology, the founders and the utility of Intelligence Node very impressive and path-breaking. The company has strong client traction coupled with zero client churn. We have great hopes from the company and wish the team all the luck for its future endeavours," said Ankur Bansal, Director, BlackSoil Capital Private Limited.

Launched in 2012, Intelligence Node is a big data company specialising in pricing intelligence for the retail industry, delivering insights from its database of 1 billion unique products across 130,000+ brands and 1100+ categories.

Source: ResponseSource

Tagged: Financing
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