Established in 2013 in New Delhi, IndiQus Technologies is a boutique IT consulting and services company, enabling organizations across the globe to leverage their IT infrastructure to deliver maximum value. According to IndiQus cloud computing is the future of IT. Armed with rich expertise in cloud and virtualization technologies, they empower their clients to realize the true potential of cloud.As per reports Delhi-based IndiQus Technologies has acquired data analytics startup Amicus Technologies in an all-stock deal.
Amicus Technologies, was founded by Aayush Srivastava, Nikhil Parmar, Akashdeep Singh and Nishchal Dua in April 2015. Amicus has developed a patent-pending technology which converts large amounts of qualitative data into the “Real Cost” of the purchase. It ranks products, brands, and sellers on this parameter. The technology has excelled in collecting lots of data (Volume), processing it at scale, (Velocity) and removing fake reviews (Veracity).
Speaking on the occasion, Aayush Srivastava,
“IndiQus gives us an opportunity to keep working on improving user experience using data-driven decisions making. Our experience in consumer internet space will help in creating better platform and network effects, as IndiQus prepares to enter the growth stage.”
This acquisition is a major step in the life cycle of the two companies and the days to come will ensure how well it works for both of them.