![]() However, by the middle of 2017, the company had already made a 10% y-o-y growth in the top-line and was on track to cross $180 million, as per reports. The effect was seen on the top-line, which declined for the first time in 2016. The company saw a loss of big clients and the exit of several senior level executives. However, things got ugly in recent years. Visa Stock To Beat The Earnings Consensus In Q4?.How Will Bristol Myers Squibb Stock Trend Post Q3 Results?.Despite Steady Gains Since 2018, Colgate-Palmolive Stock Has Underperformed The S&P.Another key factor that separates Mu Sigma from its competitors is the fact that a majority of its workforce consists of fresh college graduates recruited every year, who are trained and then made to face the clients. The company’s key principles including – Learning over knowing, Extreme experimentation, and Interdisciplinary perspective – have helped it garner customers’ interest and solve business problems across Retail, Finance, e-Commerce, and other industries. The idea of making the client understand the importance of data and the kind of problem which can be solved using the data, proved a key factor in the company’s success. The company has been profitable for the past 3 years, which is rare in the case of Indian startups. The company’s CEO, Dhiraj Rajaram, was among the earliest to realize the importance of data and founded Mu Sigma back in 2004. We estimate that Mu Sigma is worth at least $1.5 billion now, based on our interactive model for the company. The buyback of shares from its former CEO, Ambiga Subramaniam, in 2016 valued the company at around $900 million in comparison to a $1.5 billion valuation back in 2013, when the company raised its last funding from MasterCard. One such company is Mu Sigma, a profitable Indian unicorn (meaning a startup with a valuation exceeding $1 billion) which boasts of a clientele of over 140 of the Fortune 500 companies. ![]() The USA and the UK have been the major markets for analytics export for India. ![]() Indian companies have played a major role with an estimated revenue of $2.03 billion currently, likely to double in the next two years, and reach eight-fold by 2025. Per Statista, the global Big Data revenue has grown at a CAGR of 30% in between 2012-2017 and is expected to double in the next 5 years. The demand for data-driven business solutions across different verticals has increased phenomenally over the years. Mu Sigma: On Road To Recovery After A Major Hit To Valuation
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