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Based in San Mateo, California, Ahana provides a managed cloud service for Presto, an open-source distributed SQL query engine utilized for high-performance big data analytics on enterprise data lakehouses. The platform simplifies infrastructure management, allowing engineering teams to execute complex ad hoc queries without maintaining the underlying backend systems. Prior to its strategic exit, the software developer operated with approximately 50 employees and raised $32 million in total venture funding. The organization secured early financial backing from prominent venture capital firms, including GV, Lux Capital, and Third Point Ventures. In April 2023, the business was officially acquired by IBM to integrate its commercial operations and core technology into the broader watsonx.data portfolio. Ahana was founded in 2020 by Steven Mih, Dipti Borkar, Ali LeClerc, Ashish Tadose, David Simmen, George Wang, and Vivek Bharathan.
Ahana has raised $32.0M across 4 funding rounds.
Ahana has raised $32.0M in total across 4 funding rounds.
Ahana has raised $32.0M across 4 funding rounds. Most recently, it raised $7.0M Series A in June 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2022 | $7M Series A | Ankur Prakash | GV, Intel Capital | Announced |
| Aug 1, 2021 | $20M Series A | Third Point Ventures | Cedar Capital Group, GV, Insight Partners, Intel Capital, UpWest, Mark Leslie, LUX Capital | Announced |
| Sep 1, 2020 | $2M Seed | — | GV, Intel Capital | Announced |
| Jun 1, 2020 | $3M Seed | GV | Intel Capital, FasterCapital, Mark Leslie | Announced |
Ahana has raised $32.0M in total across 4 funding rounds.
Ahana's investors include Ankur Prakash, GV, Intel Capital, Third Point Ventures, Cedar Capital Group, Insight Partners, UpWest, Mark Leslie, Lux Capital, FasterCapital.
Ahana Systems and Solutions Pvt. Ltd. is a Bengaluru-based IT services company with over 14 years of experience, specializing in data-focused solutions for digital transformation, including database management, RPA, BI & analytics, managed infrastructure services, and intelligent automation.[1][3][4] It serves enterprises, Fortune 500 companies, private banks, logistics, and manufacturing sectors in India and abroad, solving challenges in business agility, resilience, and data-driven growth through ethical AI and platform development.[1][5] The company delivers end-to-end IT infrastructure and transformation services, partnering globally to co-create solutions that ensure measurable business impact.[1][5]
Note: Distinct entities like Ahana Digital (Africa-focused ICT with AI and green energy) exist but appear unrelated based on available data; this profile centers on the primary Indian IT firm matching the query.[1][2][3]
Founded over 13-14 years ago in Bengaluru, India, Ahana began as an SME-oriented IT services provider before expanding into broader digital transformation and infrastructure management.[1][3][4] It evolved from basic IT support to a next-gen global player, emphasizing Responsible AI, intelligent automation, and data solutions, with a dedicated expert team building trust among major clients.[1][5] Key pivotal moments include establishing global partnerships for co-development and positioning as a go-to partner for ethical, transparent tech transformations amid rising demand for agile IT infrastructure.[1]
Ahana rides the wave of digital transformation and AI adoption in emerging markets, particularly India, where businesses seek resilient infrastructure amid cloud migration and data explosion.[1][4][5] Timing aligns with post-pandemic acceleration in RPA, BI, and managed services, fueled by market forces like hyperscale cloud demand (e.g., AWS partnerships) and regulatory pushes for ethical AI.[1][5] It influences the ecosystem by empowering SMEs and enterprises with affordable, scalable IT, bridging gaps in logistics/manufacturing digitization, and fostering innovation through global co-development.[1][3]
Ahana is poised for expansion in AI-driven IT services, leveraging its infrastructure expertise and partnerships to capture growing demand in greenfield digital projects across Asia.[1][5] Trends like edge AI, sustainable tech, and zero-trust security will shape its path, potentially amplifying influence via deeper enterprise integrations. As a reliable transformation partner, it stands to propel more businesses toward data agility, echoing its core promise of innovation-fueled growth.[1]
