Big data company Antuit holdings has raised $56 million from investment bank Goldman Sachs and existing investor Zodius Capital. The funding will be used to support the company's acquisitions and organic growth. Earlier in 2013, Antuit raised $3 million from Zodius Capital and a part of the funding was used to buy U.S.-based analytics firm Marketwell in a part cash and part stock deal. Zodius Capital had set up a fund in 2014 called Zodius Capital II to support early-stage investments and Antuit was also part of its portfolio companies. The fund is looking to make investments of around $25 million – $40 million across 15 companies, according to this The Economic Times report. Founded in 2013 by Arijit Sengupta and Neeraj Bhargava (who's also the CEO and senior managing director of Zodius), Antuit provides analytics-as-a-service in two core areas of supply chain & operations and sales & marketing. Antuit counts Avon, Fonterra, Hyatt and Orix corporation as its clients. The company has offices in New York, Seattle, Singapore, Bangalore and Auckland. Sengupta, an ex-IBM executive, told TechCrunch that the company has an aggressive growth plan and will look towards Europe for acquisition opportunities. Other big data investments and competition The big data analytics space is crowded to say the least. We wonder if there will be more consolidation in the industry. We look at some of the investments in big data last year: - Microsoft Accelerator incubated-Qubole secured $13 million in December in a series B financing led by Norwest Venture…
