E Squared Announces Its Investment In Data Insights Start-Up ‘Consumption Information Real Time’ (CIRT)
E Squared Announces Its Investment In Data Insights Start-Up ‘Consumption Information Real Time’ (CIRT). E Squared Investments has announced that it has invested R7.2 million into data insights startup ‘Consumption Information Real Time’ (CIRT). CIRT says the funding will be used to strengthen its business development activities, including pilots, and bolster its application development team.
The three-year-old company has, in recent months, garnered attention for its autonomous checkout solution, Q-Hop. Q-Hop is a contactless, cashless payment solution that provides hyper-personalised promotions and uses a variety of payment platforms, including PayPal, BitCoin, Masterpass, Zapper, SnapScan and mobile wallets.
E Squared was founded and launched in 2007, being set up as an Allan Gray BEE partner. After a number of years to capitalise the business, E Squared began its funding activity in 2016 and 2017. It’s vision is to create an economically inclusive South Africa with meaningful opportunity for everyone. The company also has a mission to empower responsible entrepreneurs to become the catalysts for economic development, transformation and social upliftment in South Africa. CIRT uses technology & data to create a return on investment.
CIRT harnesses IoT technology to provide clients with business critical information that enables the client to become more agile whilst improving overall business efficiency. Through its global strategic alliance with Microsoft and its other partners the company is able to offer cost effective and cutting edge IoT solutions that provide a real return on investment.
