Akara Research and Technologies, a research and analytics firm from Chennai, has raised an undisclosed amount of angel investment from RiverBridge Investment Advisors Pvt Ltd, a boutique investment bank operating in Chennai and Bangalore, reports Techcircle. Akara provides data solutions to banks, governments and corporates. It claims to collate relevant information from various disparate sources and consolidates it for better decision making. Some of its products include: - IndRegistry is an interactive database on new capital formation in India, which claims to track all Industrial Entrepreneur Memorandum filings. The online database provides information about new industrial undertakings in the industry, undertakings which are undergoing expansion and undertakings which intend to develop new products or services. - Roads India is an interactive database on the road sector projects build on public-private-partnerships (PPP) development models in India. It provides details on new road projects including the project location, cost involved in creating new roads, project implementation progress and the expected date of project completion among others. - PlanYourBiz is an e-learning platform which provides budding entrepreneurs with information about entrepreneurship, various central and state government schemes available and a few case studies to prepare their business plan. Akara is currently executing various projects, including a GIS-based MIS (Management Information System) for Tamil Nadu government's directorate of Town Panchayat in Ponneri Town, mapping of Micro, Small and Medium Enterprises for the Tamil Nadu State Planning Commission in three districts and GIS based Constituency Information System for a local politician. It has previously completed a project on the planning of public sanitation project for Tirupati Municipality with support…
