Tagalys was built on the learnings of building & scaling an online store. We were not very successful as retailers, but we learnt a lot about online retail – the challenges, costs & pain points.
In 2011, Antony resigned from his management consulting job at Deloitte in New York to embark on his entrepreneurial journey as an online retailer. Due to his management consulting background, he sought technology services from Palani (PC), who had his own firm serving hundreds of customers across verticals.
During this venture, both Antony & PC realized that the e-commerce platforms had no clue what products to display to visitors. Antony worked with PC & team, writing the code to start collecting analytics and building prediction models to determine what products to show visitors.
Fortunate or not, this venture hit the graveyard of startups, for Tagalys to be born. Palani joined Antony and they worked to build an intelligent engine that learns visitor interest to merchandise online stores effectively.
“To become the worlds best Merchandising Engine for online retail”
Today, we process over half a billion retail data points a month giving us insights across verticals. We do not want to be a product, but your extended partner that collaborates with you.
GenNext Hub is the startup accelerator by USD $51 Billion Reliance Industries Limited (RIL) & Microsoft, which is nurturing digital entrepreneurship in India. They want to help startups scale-up and evolve from a “Minimum Viable Product” to a Minimum Viable “Company” with a strong foundation for growth and success.
Pitney Bowes is continuously investing in innovation, people and technology. This program is another step towards innovation by leveraging technology companions and partnerships with exciting entrepreneurs and companies.
By offering technology, opportunities, connections, and collaborative knowledge, the program aims to support participating companies to build a strong foundation to grow and scale.
Shortlisted from nearly 200 companies, Tagalys emerged the winner. They presented on stage to a multi-national panel of judges: Takeshi Ebihara of Rebright Partners, Japan; Yasuhiro Seo of IMJ Investment Partners, Indonesia; and Sid Talwar of Lightbox VC, India.
It wouldn’t be wrong to say that amidst all the controversies between the different ideologies of faith, it is the religion of entrepreneurship that has engulfed and unified the country. Stable, highly-paid jobs at bluechip companies no longer seem as attractive. Young people today want to step out and start-up on their own. They want to create value, make an impact and solve a pain point.
“Traditional retail outlets do not understand the online space, or the necessity to invest in a seamless web experience,” explains Kattukaran. “Tagalys can help bridge the gap.”