Mu Sigma Inc.

Mu Sigma is an Indian management consulting firm that primarily offers analytics services. The firm’s name is derived from the statistical terms “Mu (μ)” and “Sigma (σ)” which symbolize the mean and the standard deviation respectively of a probability distribution.

The company is ISO 27001 certified.[3]

Mu Sigma is headquartered in Chicago with its main delivery centre in Bangalore. Mu Sigma’s clients include more than 125 Fortune 500 companies.

History

Mu Sigma was founded by Dhiraj Rajaram, a former strategy consultant for Booz Allen Hamilton and PricewaterhouseCoopers, in 2004.[1] In 2008, Mu Sigma raised its first institutional investment round of $30 million from FTVentures (now FTV Capital).[5] In April 2011, the company raised an additional $25 million from Sequoia Capital.[6] In December 2011, the company announced a $108 million round of financing from Sequoia and growth equity investor General Atlantic.[4] In February 2013, Mu Sigma received an investment of $45 million from MasterCard, which placed the company over the $1 billion (Rs. 5,400 crore[a]) milestone.

Dhiraj Rajaram

Dhiraj Rajaram is the founder and chairman of Mu Sigma Inc,[1] an Indian multinational data analytics company.

Early years

Rajaram was born in 1975 and grew up in Chennai, India. He was raised by his grandparents. Rajaram completed his bachelor’s degree in Electrical engineering from College of Engineering, Guindy, M.S. in computer engineering from Wayne State University Michigan and MBA from Booth School of Business University of Chicago.[3] After completing his education, Rajaram worked as a management consultant at Pricewaterhouse Coopers (PwC) in the US and Booz Allen Hamilton India.