TechCrunch April 21, 2014
Frrole, a big data startup that specializes in Twitter-based analytics, has raised $245K in Angel funding from investors including Sharad Sharma (former head of Yahoo! R&D centre in india), Google’s India MD Rajan Anandan and Eka Software founder Manav Garg. Based in Bangalore, the startup raised this capital on LetsVenture, a crowd funding platform launched last year to help Indian startups find angel investors from across the globe.
As we wrote earlier this month, Frrole is among a growing breed of big data startups from India beginning to scale. Frrole sifts through half a billion Twitter posts every month to offer insights about users. For television channels and political parties aiming to get the pulse of what’s buzzing on Twitter, insights from Frrole cost about $100 per month per data stream. The startup analyses over 10 million tweets daily and has sifted through over 100 million tweets since January this year.
The challenge for Frrole going forward would be to keep up with the frenetic pace at which Twitter is growing, especially amid the election season in India.
Read More