Bengaluru-based Algonomy to acquire Sri Lanka’s Linear Squared
Image Credit: Inc42
A startup that offers algorithmic decisioning software for retail and consumer companies, will be acquiring Sri Lanka-based cloud technology startup Linear Squared. Founded in 2015 by Sankha Muthu Poruthotage, Mohit Pande, and Rajith Munasinghe, Colombo-based Linear Squared specialises in building AI-powered demand planning and forecasting products for the consumer packaged goods (CPG), grocery and retail industries.