Indian hyperlocal location AI startup GeoIQ has announced that it plans to double its existing employee strength by FY’ 23.
This is in line with GeoIQ’s expansion plans, both for India and overseas. The company will hire across leadership and mid-level positions to lead their data teams in the financial and e-commerce sector.
"There’s potential in real-world data. We are building a world-class product and working with the most advanced tools and technologies to process terabytes of data and convert them into real-time insights. We are looking for people who share our passion for technology and data, " GeoIQ CTO and co-founder said.
GeoIQ addresses the market's need for reliable data-led decision-making. The company’s artificial intelligence and machine learning capabilities harness this data to augment real-time decisions such as performance prediction, credit risk, churn prediction, fraud detection, return-to-origin etc.
Having collaborated with major brands in India including Lenskart, Zepto, DMI finance, Paytm, GeoIQ now plans on expanding globally, starting off with the US market. GeoIQ recently raised $2.5 million in a round led by Lenskart, along with existing investors 9Unicorns and Ecosystem Ventures.
Commenting on the latest developments, Ankita, Co-Founder, GeoIQ, says "At GeoIQ, we are looking for agile and passionate individuals to help redefine how organisations use data and shape the future of data analytics across industries."
GeoIQ currently assists clients across multiple sectors like retail, insurance and fintech. The company will deploy its platform beyond the Indian market and these hirings are in line with the expansion plans.
Currently the company looks forward to hiring majorly for tech roles which are data scientist, frontend/ backend engineer, data engineer, product manager, business development manager, and inside sales.