Sramana Mitra: If you put yourself at a 30,000-foot level, what do you see? What are the open problems in the industry? What are the white spaces in the industry? Ashish Sharma: If I were to focus on these two industries, there is a strong need that is getting defined and driven by business. Businesses are now
Sramana Mitra: If you were to look at penetration of these kinds of sensor-driven Big Data applications, how many hospitals are adopting stuff like that? What is the market penetration? Ashish Sharma: I don’t have any tangible data that I can comment on. If I’m speaking at certain conferences, I run into people who are
Sramana Mitra: Are you saying that your primary value add is managing the infrastructure of data processing? Ashish Sharma: Yes, but a lot more beyond infrastructure. There are a lot more data sources available than ever before. These are growing at an exponential rate especially for life sciences and financial companies. I’m using the term
Ashish focuses on Big Data in Life Sciences. Sramana Mitra: Let’s start by introducing our audience to yourself as well as to Axtria. Ashish Sharma: Thanks for the opportunity. Axtria is a global Big Data analytics company. Our main focus is around the life sciences and financial services industries. In those two focus areas, we
Sramana Mitra: What is your model? Do you do services? Do you have products? What’s the business? Jaswinder Chadha: It’s all of the above but we, primarily, view ourselves as a services company. Even software today is a services business. In some ways, we have an advantage in that we came from building products and
Sramana Mitra: What about your operations team? Part of the people who were executing on these projects were in India? Is that why you raised money from Bangalore? Jaswinder Chadha: Yes. Actually, we raised money before we set up our operations in India. We were one of the companies to do data analytics in India.
Sramana Mitra: Let’s double-click on that a bit. You founded marketRx in which year? Jaswinder Chadha: In 2000. Sramana Mitra: You self-financed that project? Jaswinder Chadha: No. The first round of financing was friends and family. We did another round of financing from angel investors. The third round was when we brought in a group
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. Outsourced analytics services has been a popular category, especially in the US-India mode. Jaswinder has built not one, but two of these businesses. Sramana Mitra: Let’s go to the very beginning of your story. Where are you from? Where were you born, raised, and in what