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Data analytics firm Tredence bets on GenAI to fuel growth over next 5 yrs

Backed by Advent International and Chicago Pacific Founders, Tredence raised about $205 million in two founding rounds till 2022

firm Was banking big On genAI, Which is expected tO cOntribute abOut 25% tO the tOp line in next 2 yea
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firm Was banking big On genAI, Which is expected tO cOntribute abOut 25% tO the tOp line in next 2 yea

Avik Das Bengaluru

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Data science and analytics firm Tredence, which recently became a unicorn and is valued at about $1.5 billion, is betting on the rapid adoption of generative artificial intelligence (Gen AI) projects to fuel its growth over the next five years, its co-founder Shashank Dubey said.
 
“If you use the multiple from our Series B fund raise, whatever the math we used while raising at that time, the same factor multiplied with my current revenue will value us at about $1.5 billion,” Dubey, who is also the chief revenue officer, told Business Standard during an interaction.
 
Backed by Advent International and