This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Norwest Venture Partners Invests $15M In Manthan Systems

CHICAGO, February 15, 2012 /PRNewswire/ --

In the news release, "Norwest Venture Partners Invests $15M in Manthan Systems" issued on 15 Feb 2012 05:30 GMT, by Manthan Systems, Inc over PR Newswire, we are advised by a representative of the company that the email address for both Ajith Nayar and Peter Charness should have read media.contact@manthansystems.com, rather than media.conact@manthansystems.com , as originally issued inadvertently. Complete, corrected release follows:

Manthan Systems, a leading provider of Business Intelligence (BI) and Analytics solutions for the retail and consumer packaged goods (CPG) industries, today announced that it has secured $15 million in Series C funding from Norwest Venture Partners (NVP). Manthan's suite of analytics products has radically transformed the way retailers adopt, deploy and employ analytics. Manthan's retail analytics solution, ARC, has a direct impact on profitability and growth, which has led to its adoption by leading retailers in 20 countries worldwide.

"Our deep focus on retail analytics, business intelligence and the customer is what has helped us create some of the most innovative products in the BI and analytics space. In addition, we have always been heedful of the fact that the sophisticated analytics we create need to be easy to adopt, deploy and use," said Atul Jalan, Founder & CEO, Manthan Systems.

Every business discussion today segues, one way or the other, into analytics. With markets facing tough times worldwide, retailers are suddenly and prudently opting for the security of data. More and more retailers are harnessing and profiting from the power of analytics to make better and faster decisions. While reliance on analytics is still an evolved market phenomenon, retailers across the world are taking steps towards securing their aisles.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,759.31 +129.04 0.73%
S&P 500 2,109.13 +15.88 0.76%
NASDAQ 5,113.7720 +24.5660 0.48%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs