Noida: Polestar Analytics, an AI-driven data analytics and enterprise planning platform, has raised $12.5 million in growth capital from a consortium of US-based Family Office and institutional investors.
The fresh capital will be directed towards advancing the Polestar Analytics’ AI capabilities and enhancing the company’s proprietary 1Platform, widely regarded as a premier solution for data convergence in enterprise-scale analytics.
“This investment marks a pivotal moment in our mission to redefine how enterprises harness data and AI,” said Chetan Alsisaria, CEO of Polestar Analytics. “The funding enables us to accelerate innovation and continue delivering measurable business outcomes that set new industry benchmarks.”
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Polestar Analytics Expands AI Capabilities and 1Platform
With this investment, the company will increase research and development in artificial intelligence and accelerate feature enhancements for its proprietary 1Platform. The platform has been central to the company’s vision of enabling enterprises to seamlessly converge, analyze, and act on data at scale.
Michel Combes Joins Polestar Analytics as Chair of the Board
In addition to the funding milestone, Polestar Analytics has appointed Michel Combes as Chair of the Board. Combes is an internationally respected executive with more than three decades of leadership experience in technology and telecommunications. He currently serves as Executive Chairman & Acting CEO at Brightspeed and as a member of the Executive Advisory Council at Apollo.
Combes is also a Partner at ForgeLight, an operating and investment firm in media and consumer technology, and serves on the boards of Philip Morris International, E& (Etisalat), and F5 Inc. His previous leadership roles include CEO and President of SoftBank Group International, CEO of Sprint in the US, CEO of Altice N.V., CEO of Alcatel-Lucent, and CEO of Vodafone Europe.
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“I am delighted to join Polestar Analytics as Chair of the Board at this pivotal stage of the company’s growth,” said Michel Combes. “With its proprietary 1Platform setting new standards for data convergence and intelligent insights, Polestar Analytics is uniquely positioned to accelerate innovation and deliver greater value to customers worldwide.”
CEO Chetan Alsisaria added, “We are honored to welcome Michel Combes as Chair of the Board. His proven track record in scaling global technology leaders will be instrumental as Polestar Analytics enters its next phase of growth.”
