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Valiance Solutions Offers Big Data Advice to SMEs

Company Valiance Solutions
Address A-146, Sector -63, Noida, India -201307
Founders Vikas Kamra, Shailendra & Ankit Goel
Founded September 2011
Funding Self-funded
Employees 12
Website www.valiancesolutions.com
Rating 3 bits

 

Valiance Solutions is an analytics and technology solutions company based out of Noida India with client base across US and India. Their mission is to help companies unlock business potential of data using analytics and technology. Using various data analytics, such as exploratory analysis and predictive modelling they aim to improve the competitive advantage of companies. They focus especially on the Banking and Insurance vertical and offer several solutions for these domains.

Their focus is on designing and implementing advances analytics solutions in Risk, Marketing and Customer functions to address business problems and generate a positive impact on the company results. Use cases differ but they range from application fraud detection models for unsecured consumer durable lending to improving lead conversion from different sales channels and to determining the customer lifetime value for insurance companies.

They work according an engagement model that recognizes different levels of analytical maturity and recommends different levels of engagement for each level. Engagement ranges from a short-term fixed cost model to a long-term retainer ship approach.

The Indian company was founded in September 2011 and has been profitable and self-funded from the beginning. Vikas Kamra, Co-Founder and CEO). He takes care of strategy, business development and marketing for Valiance and has a background at various banks such as Merrill Lynch, Bank of America and Jefferies Investment Bank as part of offshore engagements. Ankit Goel, Co-founder and CTO, designs and implements technology architecture and platforms for customers. Shailendra, Co-Founder & Head of Decision Sciences, heads the analytics function.

Although they have been two years in business, there are still in very early phase of growth. Until now they are self-funded, but they do have plans to tap into seed capital in the near future. As a small consulting firm, with currently only five customers, they do not have any patents (pending) or won any awards and will need to work hard to grow their business internationally. Therefore we give them a 3 bits rating.

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