Chennai-based knowledge analytics firm LatentView Analytics introduced its monetary outcomes for the third quarter of FY25, reporting a complete working income of ₹2,278 million. This marks a 9.0% quarter-over-quarter (QoQ) and 37.5% year-over-year (YoY) improve in income, attributing the expansion to momentum on consulting, GenAI tasks, and new shopper wins.
LatentView has secured a $3.2 million partnership with a world know-how chief, collaborating with its Analytics and Determination Assist group. The initiative will ship an built-in, scalable enterprise intelligence and knowledge engineering resolution to streamline workflows and improve data-driven decision-making.
Furthermore, LatentView onboarded 9 new shoppers, together with three former shoppers and 10 GenAI tasks, through the quarter.
“This robust efficiency was pushed by momentum in consulting, GenAI tasks, and new shopper wins,” stated Rajan Sethuraman, chief government officer of LatentView Analytics. The corporate stated it can proceed investing in constructing GenAI capabilities.
Through the earnings name, Sethuraman famous that the corporate had a robust quarter in its Information Engineering horizontal and that its partnership with Databricks stays sturdy, as LatentView has turn out to be an elite, top-tier associate of Databricks. He acknowledged, “Our Databricks Heart of Excellence, together with the partnership we’re constructing with Databricks, continues to develop.”
He additional stated that the corporate is seeing some curiosity from the Indian market in using and deploying high-end generative AI and different options that might assist them handle their operations and enhance their decision-making effectiveness.
LatentView is experiencing good traction with GCCs in India and has gained two main shoppers. “On the GCC entrance, there was enlargement with among the accounts. We’ve additionally seen good curiosity in new conversations, and we count on to shut a number of extra within the present quarter.”
Sethuraman stated that they’ve doubled down within the shopper items house by way of investments that we’ve got made, each natural and inorganic, via the acquisition of Determination Level.
Nonetheless, the corporate is experiencing some headwinds by way of normal market situations for CPG corporations. These have resulted in subdued efficiency and impacted their market capitalisation and urge for food for spending on initiatives.
“We’re taking a look at this and determining methods to reallocate effort and assets in the best path in order that we proceed to do properly on this house. This can proceed to be an space of focus, and I’ll preserve you up to date in subsequent interactions on how this house is taking part in out,” stated Sethuraman.
Different key highlights from the quarter embody a 62% YoY progress within the monetary companies vertical and the appointment of Remadevi Thottathil as Chief Human Assets Officer. The corporate additionally hosted a number of main occasions, together with the LatentView Roundtable and its first Investor Day.
As the corporate prepares for FY26, it stays targeted on deepening shopper relationships and leveraging rising applied sciences to drive progress.
The put up LatentView Wins Ten GenAI Initiatives, Secures Key $3.2M Cope with 37.5% YoY Income Progress appeared first on Analytics India Journal.
