# Neewee Analytics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/neewee-analytics

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.neewee.ai
- Total disclosed funding: $6.3M
- Latest round: Series A (Feb 25, 2022)
- Investors on record: 3

## About

Neewee Analytics leverages advanced AI technologies to enhance manufacturing efficiency through dynamic scheduling solutions, helping businesses optimize production processes in real-time.Founded in 2014 in Bangalore, India, Neewee Analytics focuses on AI-driven solutions for manufacturing. The company was co-founded by Harsimrat Bhasin and Suyog Joshi. In February 2022, Neewee raised INR 232.02 million in Series A funding from a mix of new and returning investors, including Siana Capital Management, 360 ONE, and Radix Capital Advisors. The company has conducted a total of 3 funding deals, with a current valuation of INR 1,374.254 million.Neewee specializes in advanced AI-driven solutions to improve manufacturing efficiency, particularly through its flagship product, the Bodhee Production Scheduler (BPS). BPS offers real-time scheduling capabilities that adapt to shop floor changes, enhancing production objectives and resource allocation. It has been effectively implemented across various industries, including chemicals, food and beverages, pharmaceuticals, and automotive, with deployments in both large and small manufacturing firms globally. The platform is marketed primarily in North America, Europe, and Asia, targeting organizations aiming for operational efficiencies through Industry 4.0 solutions.In 2023, Neewee Analytics reported a revenue of INR 761,011.2, while its EBITDA stood at INR -2,299,297.8.Following the Series A funding round in February 2022, Neewee aims to leverage the raised capital to develop new features for the Bodhee Production Scheduler and expand into additional geographic markets, specifically targeting Europe and North America by the end of 2024. The funding will support these advancements and drive growth initiatives, aligning with the company's strategy to enhance its technological offerings and market presence.

## Funding rounds

- Series A, Feb 25, 2022, $3.1M — Radix Capital Advisors, 360 ONE, Siana Capital Management
- Series A, Jan 30, 2019, $3.2M — Radix Capital Advisors, 360 ONE

## Investors

- Radix Capital Advisors — Series A
- 360 ONE (https://capitalatlas.ai/funds/360-one) — Series A
- Siana Capital Management (https://capitalatlas.ai/funds/siana-capital-management) — Series A