The Venture Codex

Led · Series A · May 2022

GeoIQ, operated by Quantduo Technologies Pvt. Ltd and founded in 2018, offers a location data stack and machine-learning capabilities to deliver geo-analytics and customer insights. The platform is used by companies to inform location decisions and understand customer behavior. GeoIQ plans to expand its global footprint, strengthen proprietary data, and hire data scientists to build diverse AI models. The company intends to add new product features to better empower customers and advance its ambition of becoming a world-class geo-analytics firm. GeoIQ previously raised a seed round in November 2020 of Rs 2.5 crore (about $337,940). GeoIQ (Quantduo Technologies Pvt Ltd) operates a consumer-insights-focused location intelligence platform that leverages a location data stack and machine learning to provide customer insights. It delivers data and predictive models through APIs that plug directly into decision engines. The company primarily serves financial technology and insurance sectors and is looking to enable use cases for e-commerce and retail. GeoIQ was founded in 2018 by Devashish Fuloria, Tusheet Srivastava, and Ankita Thakur, and is led by CEO Devashish Fuloria. Financially, the startup recently closed a Rs 2.5 crore seed round (about $337,940). The company says it will use the proceeds to expand its user base aggressively.