Marketics Technologies

Marketics Technologies

Various solutions that allow marketers to integrate and utilize data for decision making.

HQ location
Bengaluru, India
Launch date
Employees
Enterprise value
$65m
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Valuation: €0.0

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Early VC
Total Funding000k
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Marketics Technologies, founded in 2003 by Sreenivasan Ramakrishnan and Shankar Maruwada, established itself as a specialized marketing analytics firm before its acquisition by WNS (Holdings) in 2007. The company was incorporated in India on January 16, 2003. Sreenivasan Ramakrishnan, who served as the Co-Founder and CEO, along with his co-founder, positioned the company as an early entrant in the Knowledge Process Outsourcing (KPO) sector. The firm focused on delivering high-end, domain-specific analysis of customer data to enhance the marketing effectiveness of its global clients.

The core business of Marketics revolves around tackling complex business questions for marketers through a variety of quantitative techniques. Its services are designed to convert underutilized data into actionable insights, a process that combines marketing domain expertise with analytical proficiency. The company provides services such as predictive modeling to understand consumer behavior and sales data analytics to aid in inventory allocation. This focus on complex analytics enables clients to make more informed business decisions, leading to better targeting, segmentation, and overall return on investment. The firm primarily targets the sales and marketing organizations of consumer-centric companies in industries like retail, consumer packaged goods, beverages, and consumer electronics.

The acquisition by WNS, a prominent business process outsourcing (BPO) services provider, marked a significant milestone for Marketics. The deal, valued at up to $65 million, consisted of an initial payment of $30 million and a potential earn-out of $35 million. This strategic move was intended to enhance WNS's Knowledge Services division and provide Marketics with a larger platform for growth and access to a broader client base. At the time of the acquisition, Marketics had shown substantial growth, reportedly doubling its revenue in each of the preceding three years. The company was already profitable and served nine clients, many of which were Fortune 200 companies.

Keywords: marketing analytics, knowledge process outsourcing, KPO, data analytics, predictive modeling, consumer behavior analysis, sales data analytics, WNS acquisition, Sreenivasan Ramakrishnan, Shankar Maruwada, marketing ROI, business intelligence, customer data analysis, market research, quantitative analysis, consumer-centric industries, offshore analytics, business decision support, marketing effectiveness, data-driven strategy

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