Inside Mu Sigma’s demo room on the 14th floor of Aviator building, Deepinder Dhingra, who heads products and strategy for the company walked the journalists through what the company did. by Srishti Deoras. November 9, 2017. Ambiga Subramanian, former CEO of Mu Sigma and ex-head of operations Goutham Ekollu, have co-founded hyphen.social, a social-networking application which is expected to launch within the next few weeks. The news of sale of stake by CEO Ambiga Subramanian has come just months after her divorce with Mu Sigma founder and chairman Dhiraj Rajaram became public. BENGALURU: Dhiraj Rajaram, founder-chairman of Mu Sigma, and his wife Ambiga, who is the company’s CEO, have divorced, raising questions about its fallout on the data analytics company which is one of a handful of India-based ‘unicorn’ startups. apply them to a cross-industry client base. See insights on Mu Sigma including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Mu-Sigma is one of the leading companies in India and also around the globe in the field of “Business Analytics”. Mu stands for “mean” and Sigma stands for “standard deviation”. For those unaware, Mu Sigma had to arrive to such a glum(and exciting) situation post the decision of making the news of their divorce public back in May. In 2008, Mu Sigma raised its first institutional investment round of $30 million from FTVentures (now FTV Capital). On those occasions he comes across as an arrogant prick. In February 2013, Mu Sigma received an investm… Decision science and data analytics firm Mu Sigma is back under the control of founder Dhiraj Rajaram, following his divorce from former CEO Ambiga Subramanian earlier this year. Recently, Rajaram’s wife Ambiga Dhiraj took over as its new CEO. Mu Sigma head Dhiraj Rajaram and wife Ambiga divorced, insists it won’t affect the company. Dhiraj Rajaram, founder and CEO of Mu Sigma, has decided to become chairman and has appointed his wife, Ambiga Dhiraj, who has been the company’s … Indian data analytics firm Mu Sigma has reported a 22% growth in net profits at Rs 462.9 crore on a revenue of Rs 809.5 crore for 2015-16, in a year when the company’s founder Dhiraj Rajaram was sued by a former investor and a dispute with his partner Ambiga ended in a divorce. Big data analytics company Mu Sigma has announced significant management changes with the founder and chairman, Dhiraj Rajaram, taking … Founded in 2004 by Rajaram, who previously worked for consulting firm Booz Allen Hamilton, Mu Sigma has raised about $178 million from private equity investors in … Ambiga, a former Motorola engineer, joined the company in 2007 as a director and replaced Dhiraj as CEO in … Data analytics firm Mu Sigma’s former chief executive Ambiga Subramanian has teamed up with former head of operations Goutham Ekollu to launch a social-networking application christened hyphen.social. No, there has been absolutely no impact in day to day working or any loss of clients due to the divorce between these two. The share buyback, completed two weeks ago, was aided by a $400-million credit line from a consortium of four global banks led by … In December 2011, the company announced a $108 million round of financing from Sequoia and growth equity investor General Atlantic. The news of Mu Sigma’s stake being up for sale comes within months of the company’s founder Dhiraj Rajaram and Ambiga Subramanian’s divorce became public. Mu Sigma founder and promoter Dhiraj Rajaram bought out his former wife Ambiga Subramanian’s stake following their divorce last year, according to a … India-and US-based data analytics company Mu Sigma Inc's founder and chairman Dhiraj Rajaram and wife Ambiga, who is the CEO, have divorced, a move that has raised concerns over the future management of the company, media reports said. Related News Last month, Patrick G Ryan, Founder of Aon Corp. and an early investor in Big Data firm Mu Sigma, had accused Dhiraj of swindling him of hundreds of millions of dollars. Turns beneficial and mu founder divorce would actually annual. Split comes months after Rajaram moved to the US, stares at lawsuit by US investor Mu Sigma has been through a turmoil in the recent few months. Mu Sigma’s chairman Dhiraj Rajaram has bought out former wife Ambiga Subramanian’s 24% stake along with stock options held by employees to emerge as the controlling shareholder of the company he founded 13 years ago, ending months of uncertainty. Mu Sigma power couple Dhiraj, Ambiga divorce; insist it won't affect co Dhiraj has said that Ambiga 'may not continue in the role of CEO' in the 'long term' FP Staff May 31, 2016 11:51:19 IST Find contact's direct phone number, email address, work history, and more. Founded in Bengaluru in 2004, Mu Sigma is a data science and analytics firm with clients like Microsoft Corp, Wal-Mart Stores Inc, Dell Inc and Pfizer Inc. “Our primary focus is to increase social engagement within the social network. October 10 2016. Status of the name calling or you should throw in this company is older than this! Mu Sigma plans to use the deal to refinance an old borrowing from 2017. Little did we then know that another analytics giant has its own troubles back home. Indeed, until the turbulence of the past 18 months, the capital efficiency, consistently strong sales growth and ever-expanding profits made it seem like Mu Sigma was unstoppable. Apart from the decline in revenue last year, Mu Sigma has also been hit by the departure of six senior executives since March. The company, which counts Microsoft, Walmart and Dell among its clients, has raised close to $200 million through three rounds of private equity investments since 2011. The app focuses on increasing social engagement by leveraging anonymity and gamification as key tools. Founded in 2004, Mu Sigma is headquartered in Chicago and has substantial operations in Bengaluru. Mu Sigma has 3,101 employees across 15 locations, $219.71 m in total funding, and $165 M in annual revenue in FY 2016. Just last month we reported about the troubles brewing inside the global analytics provider – Palantir. Dhiraj founded Mu Sigma in 2004. Mu Sigma… | 500+ connections | See Dhiraj's complete profile on Linkedin and connect Some people have quit the company after this, but the company is going forward stronger than it ever was. Manner of the idea and commitment to be surprisingly cold in. It’s not about Economies of Scale anymore, it’s about Economies of Speed. Dhiraj Rajaram, Founder and CEO of Mu Sigma talks about how the nature of competition has changed and why the business world has to evolve with a ‘new denominator’ thinking. 02/06/2016. Mu Sigma’s work with clients spans all levels of the decision support stack. 09 November, 2017. We wrap talented people in the bionics of our processes and data analytics platform, and. Founder Dhiraj Rajaram has acquired a majority stake of 51.6% in the data analytics firm by … There are times he can be so vulnerable that you feel really attached to his cause, but then there are other times when his obsession with Mu Sigma emerges as obnoxious pride. Dhiraj, who splits 25% ownership of Mu Sigma with Ambiga, was clearly unhappy with the bad press around Mu Sigma and his personal life. It … Mu Sigma’s investors, including Sequoia Capital, Fidelity Capital, General Atlantic and MasterCard, together own 48% of the company.Subramanian and Rajaram … BENGALURU/MUMBAI: Data analytics firm Mu Sigma, which is valued at $1.5 billion, has said the separation between husband-and-wife duo Dhiraj Rajaram and Ambiga Rajaram will not have any ramifications on its organizational structure. It was found by The move would allow him, plagued by the personal distractions of what became a fairly public divorce, to move forward and focus on Mu Sigma’s business, he said. The first stirrings of trouble became public in February this year when Ambiga was made the company's CEO, prompting Rajaram to shift to the US. An Economic Times report said investors had been told about problems between the couple six months ago and employees have known about it for close to three months. He gloats on his past successes and makes others acutely aware of how great he is. After months of speculation, finally the future of Mu Sigma looks clearer. Is Mu Sigma losing clients after the divorce of Dhiraj and Ambiga? A few senior executives quit the company; Mu Sigma’s husband-and-wife team – founder Dhiraj Rajaram and CEO Ambiga Subramanian – divorced, and there was much talk of … Mu Sigma is now a member of the Unicorn club. View Madhukar Yarra's business profile as Business Unit Head at Mu Sigma. Ambiga Subramanian. We need a new paradigm. And it’s why I founded Mu Sigma – to build a man-machine ecosystem that helps companies institutionalize the decision supply chain. The new paradigm is built on our belief system that all living things thrive better in a state of flow, which is a harmony between order and chaos. Our Founder Dhiraj leads the charge with his views on change, complexity, consciousness, and the business landscape of the future. In April 2011, the company raised an additional $25 million from Sequoia Capital. Mu Sigma Founder Takes CEO Reins from Ex-Wife. Dhiraj, the founder and chairman of Mu Sigma, and Ambiga, who was recently elevated as CEO, own an almost equal stake in the company. Subramanian decided to exit the company following following her divorce from Rajaram in May this year. Dhiraj Rajaram | Greater Chicago Area | Founder at Mu Sigma, Inc. | Data is the new (crude) oil. At that time, Barclays, Credit Suisse, Deutsche Bank and Standard Chartered arranged a $394.3m three year loan for … Subramanian decided to exit the company following following her divorce from Rajaram in May this year. Mu Sigma revenue set to top $180 million this year Premium Dhiraj Rajaram, co-founder and chief executive of Mu Sigma, a data analytics start … Mu Sigma was founded by Dhiraj Rajaram, a former strategy consultant at Booz Allen Hamilton and PricewaterhouseCoopers, in 2004. Who is the estranged couple? The research study presented in this report offers complete and intelligent analysis of the competition, segmentation, dynamics, and geographical advancement of the Global Data Analytics Outsourcing Market. Still, a high-profile divorce at data analytics firm Mu Sigma has suddenly brought the company to the centre of attention. Read more about MuSigma faces uncertain future as founder and CEO divorce on Business Standard. It currently has around 4,000 employees. It … Recently they announced their split Controversies about Mu Sigma Dhiraj Rajaram has been recently sued by Patrick Ryan for deliberately misquoting prospective growth of his firm, Mu Sigma Inc. Rajaram allegedly did this when he was trying to buy back Mu Sigma shares obtained by Ryan in lieu of investments made by Ryan in the then fledgling data analytics firm Ambika names CEO in the month of Dhiraj and Ambika announced separation in the month of The Divorce … Rajaram, who held about 25.8% of the company on an undiluted basis, is buying Subramanian’s stake in the Chicago-based firm for an undisclosed amount. Mu Sigma Inc. Jumbo News / Mar 5, 2021.