Martech startup Nugit will use $5.2m funding from Sequoia for AI investment

Marketing data platform Nugit has raised $5.2m in funding from Sequoia India, which it plans to use to double its workforce and further invest in artificial intelligence technology.
Singapore-based Nugit, which already has 500 brands on board including Johnson & Johnson and Facebook, uses artificial intelligence, natural language generation, and visual design to help marketers generate more usable reports based off the big data generated by advertising activity.
Pieter Kemps, investment advi