Tathya.earth is a startup from India that focuses on monitoring commodities supply chains and environmental impact using advanced technologies. Here’s a look at how it all began.
Tathya.earth was founded in 2019 with a clear vision to bring transparency and efficiency to commodity supply chains. The founders aimed to leverage machine learning and computer vision to provide near real-time insights, making commodity trading, procurement, and shipping more efficient[2][4).
The early days involved close collaboration with leading academia and industry experts to develop proprietary technology. This collaboration was crucial in deriving accurate and reliable data from alternative sources such as satellite imagery[2][4).
The vision of Tathya.earth is to democratize access to economic data, making it available to a wider audience and at a lower cost than traditional methods. This approach helps clients gain a competitive edge in the market[5).
The founding team of Tathya.earth brings a wealth of experience from various industries. Anurag, one of the founders, has over 25 years of experience in the commodities world, having held positions at Caravel Group and Noble Group. He is also the Founder & Director at Vulcan Holdings[2).
Prof. Biplab, another key member, holds a Ph.D. in Machine Learning from IIT Bombay and works as an Assistant Professor of Machine Learning and Visual Computing. He also serves as an Engineering Advisor of AI for AWL Inc., Japan[2).
Punit Oza, with 30 years of experience in the maritime and commodities industry, has worked in leadership positions at companies like Klaveness and Noble Group. He is also an adjunct faculty at several global universities[2).
The team’s diverse background and extensive experience have been instrumental in shaping Tathya.earth’s innovative approach to commodity market intelligence.
Tathya.earth has evolved significantly since its inception in 2019. Here’s a look at its journey from the initial concept to its current state and key milestones.
The initial concept of Tathya.earth revolved around using machine learning and computer vision to monitor commodity supply chains. Over time, the company has refined its approach, integrating satellite data and remote sensing technologies to provide comprehensive insights[4).
Today, Tathya.earth offers a Data as a Service (DAAS) platform, providing economic indicators and data from alternative sources. This platform helps clients make informed decisions by offering real-time data on production, inventory, and emissions[5).
The company has also expanded its services to include mill/smelter-wise weekly production indices for major steel mills and metal smelters, as well as inventory tracking of raw materials across major ports and strategic locations[3).
Tathya.earth has achieved several key milestones since its founding. Here are some notable ones:
Tathya.earth has continuously expanded its product portfolio to meet the evolving needs of its clients. Here are some key products and services:
Tathya.earth’s technology infrastructure is a cornerstone of its operations. Here’s a detailed look at its core platform architecture, security framework, and innovative contributions to the industry.
Tathya.earth’s platform is built on advanced technologies such as machine learning and computer vision. Here’s how it works:
The platform integrates data from various sources, including satellite imagery and geo-spatial data. This data is then processed using machine learning algorithms to provide real-time insights on commodity supply chains[4]).
The core architecture is designed to be scalable and efficient, allowing for the handling of large volumes of data. This ensures that clients receive accurate and timely information to make informed decisions[5]).
Tathya.earth takes data security and compliance very seriously. Here are some measures in place:
The company adheres to strict data security protocols to protect client data. This includes encryption and secure data storage practices[5]).
Tathya.earth also complies with relevant industry standards and regulations to ensure that its operations are transparent and reliable.
Tathya.earth has introduced several innovative solutions in the commodities sector. Here are some key innovations:
The use of machine learning and computer vision to monitor commodity supply chains in near real-time is a significant innovation. This approach provides clients with a competitive edge by offering early and accurate data[2]).
The integration of satellite data and remote sensing technologies has also been a game-changer. It allows for the collection of data from remote locations and provides comprehensive insights into commodity markets[4]).
Tathya.earth’s focus on environmental impact monitoring is another innovative aspect. By providing data on emissions, the company helps clients make sustainable decisions and reduce their environmental footprint[2]).
Tathya.earth is making a significant impact in the market by using advanced technologies like machine learning and computer vision. Here’s how they are growing and expanding:
Tathya.earth has been gaining traction in the commodity trading and supply chain management sectors. Their user base includes major players in the commodities market who benefit from the near real-time insights provided by Tathya’s platform.
The company’s ability to analyze satellite data and other alternative data sources helps users make informed decisions quickly. This has led to an increase in the number of clients who rely on Tathya’s services for commodity production and inventory management[8][4>.
For example, Tathya provides mill/smelter wise weekly production indexes for major steel mills and metal smelters, which is crucial for companies involved in these industries.
Tathya.earth is expanding its market share by offering unique solutions that traditional methods cannot match. Their proprietary technology, developed in collaboration with academia and industry experts, gives them a competitive edge.
By providing economic indicators using satellite imagery data, Tathya helps its clients improve efficiency in commodity trading, procurement, and shipping. This has attracted a wide range of clients from different sectors, including commodities, maritime, and financial services[7][4>.
Their focus on transparency in commodity supply chains has also helped them gain trust and loyalty from their clients.
Although Tathya.earth is primarily focused on commodity markets, their technology can indirectly contribute to financial inclusion. By providing accurate and timely data, they help businesses make better financial decisions.
This can lead to more stable and predictable financial outcomes for companies, which in turn can contribute to overall economic stability. However, specific financial inclusion initiatives by Tathya are not explicitly mentioned, but their impact on the financial health of their clients is significant.
For instance, accurate inventory management of raw materials like iron ore and coal can help companies manage their finances more efficiently[3>.
Tathya.earth’s financial journey is marked by strategic funding and growth. Here’s a look at their revenue, profitability, and investment rounds:
Tathya.earth’s revenue growth is driven by the increasing demand for their services in the commodity market. As more companies adopt their platform for near real-time insights, their revenue has seen a steady increase.
The company’s ability to provide mill/smelter wise weekly production indexes and inventory of raw materials has made them a go-to solution for many clients. This consistent demand has contributed to their revenue growth[3>.
However, specific revenue figures are not publicly disclosed, but the growth in their client base indicates a positive trend.
Tathya.earth is on a path to profitability by leveraging their proprietary technology to offer cost-effective solutions. By providing insights at a fraction of the cost and much earlier than traditional methods, they attract more clients and retain existing ones.
Their focus on improving efficiency in commodity trading, procurement, and shipping helps clients save money and time, which in turn contributes to Tathya’s profitability[2).
As they expand their services and client base, they are likely to achieve profitability in the near future.
Tathya.earth has raised a total of $30K in funding, primarily through their seed round. Investors include Alchemist Accelerator, Zone Startups India, and TurboStart[1).
While the valuation of the company is not publicly disclosed, the investment from reputable accelerators and startups indicates a positive outlook on their potential growth.
The funding has helped them develop and refine their technology, further enhancing their market position.
Tathya.earth has formed several strategic partnerships to enhance their services and reach. Here are some key partnerships:
Although specific banking collaborations are not detailed, Tathya.earth’s work with financial services companies like Nomura, Standard Chartered, and Bank of America suggests they have strong ties with the banking sector.
These collaborations could involve providing data analytics services to help these financial institutions make better investment decisions in the commodities market.
For example, accurate commodity production and inventory data can help banks assess credit risks more effectively.
Tathya.earth partners with various merchants and commodity traders to provide them with real-time insights. These partnerships are crucial for their business model as they rely on data from these sources to analyze and provide valuable information.
Companies like Klaveness and Noble Group, where some of Tathya’s founders have worked, are likely partners or clients given their industry background[2).
These partnerships help Tathya gather comprehensive data, which they then analyze to provide actionable insights.
Tathya.earth has alliances with technology experts and academia to develop their proprietary technology. For instance, Prof. Biplab, with a Ph.D. in Machine Learning from IIT Bombay, is a key contributor to their technology development.
These alliances ensure that Tathya’s technology remains cutting-edge and capable of providing near real-time insights using machine learning and computer vision[2).
Additionally, collaborations with industry experts like Anurag and Punit Oza bring in extensive experience from the commodities and maritime sectors, further enhancing their technology and services.
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