Flutura
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Flutura Decision Sciences and Analytics, founded in 2012 in Bangalore, India, built industrial AI software for manufacturers and asset-intensive companies. Its flagship Cerebra platform used machine learning on sensor and plant data to predict equipment failures, improve asset uptime and cut energy use across energy, chemicals, metals, mining and pharmaceutical plants. The company raised about $8.5 million and employed roughly 110 data-science specialists before Accenture acquired it in 2023.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Company founded
Derick Jose, Krishnan Raman and Srikanth Muralidhara found Flutura in Bangalore to apply data science to industrial operations.
- Funding round
Flutura raises $7.5 million led by Vertex Ventures to expand its Cerebra industrial-AI platform.
- Acquisition
Accenture announces the acquisition on March 21 and completes it on June 23; terms are not disclosed and the team joins Accenture's industrial AI practice.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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