# vPhrase Analytics Solutions Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vphrase-analytics-solutions-pvt

- Industry: Software
- Headquarters: Mumbai, India
- Website: www.vphrase.com
- Total disclosed funding: $2M
- Latest round: Series A (Aug 19, 2019)
- Investors on record: 5

## About

vPhrase Analytics Solutions Pvt Ltd specializes in advanced business intelligence solutions, empowering enterprises with tools that transform complex data into accessible insights for informed decision-making.Founded in 2015, vPhrase Analytics Solutions Pvt Ltd is based in Mumbai, India, and focuses on providing innovative business intelligence tools. The company was founded by Neerav Parekh, who has been instrumental in developing its flagship products. In August 2019, vPhrase raised INR 140 million in Series A funding, attracting investment from Alpha Wave Global, Bharat Innovation Fund, and IIMA Ventures. The total amount raised by the company stands at INR 140 million, with a current valuation of INR 496.255 million.vPhrase offers advanced business intelligence solutions primarily through its flagship products, Phrazor and Explorazor. Phrazor is a double-patented tool designed for enterprises, enabling users, especially those from non-technical backgrounds, to generate personalized, language-based reports that facilitate data-driven decision-making. Explorazor complements this offering by allowing users to connect multiple datasets and perform analyses via an intuitive, Google-like search interface. These tools are aimed at enhancing data accessibility and comprehension, thereby addressing the challenges faced by brand and sales teams in understanding complex data. vPhrase serves clients across various industries, including retail, finance, and healthcare, with a strong focus on markets in North America, Europe, and Asia.In 2023, vPhrase reported revenue of INR 372,384.8, with an EBITDA of INR -17,503.6. The company's revenue model is primarily based on subscription services for its BI tools, Phrazor and Explorazor. Clients typically enter into annual or multi-year subscriptions, granting them access to the software's suite of features. This B2B transaction structure generates revenue through direct partnerships with enterprises that require data-driven insights and reporting tools.vPhrase plans to leverage its recent funding of INR 140 million raised in August 2019 to enhance its product offerings and expand into new geographic markets. The company's strategy includes the development of new features for its existing products and potential launches of additional tools aimed at improving user experience. Specific target markets for expansion include increased penetration into North America and Europe, with plans to implement these strategies by the end of 2024.

## Funding rounds

- Series A, Aug 19, 2019, $2M — Alpha Wave Global, IIMA Ventures, Bharat Innovation Fund
- Seed, Mar 8, 2016 — Venture Catalysts, Artha Venture Partners

## Investors

- Venture Catalysts (https://capitalatlas.ai/funds/venture-catalysts) — Seed
- Artha Venture Partners (https://capitalatlas.ai/funds/artha-venture-partners) — Seed
- Alpha Wave Global (https://capitalatlas.ai/funds/alpha-wave-global) — Series A
- IIMA Ventures (https://capitalatlas.ai/funds/iima-ventures) — Series A
- Bharat Innovation Fund (https://capitalatlas.ai/funds/bharat-innovation-fund) — Series A