Surender Gounder, Founder & CEO, Tango Eye, has been recently added to the prestigious ‘BW Retail World 40 under 40’ list by BW Businessworld.
Prior to founding Tango Eye, Gounder worked as an equity finance trader at Credit Suisse in New York. He holds a Bachelor’s degree in Business Administration from the Boston University School of Management, with a focus on finance, accounting, and computer science.
Since its launch in December 2019, Tango Eye has rapidly grown to become a leading cloud solution provider in the retail industry, producing retail-centric products such as Tango Traffic and Tango Zone.
Today, the company operates in over six countries with a team of 65 employees and is recognized as one of the top companies in AI vision technology for the retail space by SAP.io and NASSCOM.
Tango Eye leverages existing retail tech infrastructure to provide business insights, without the need for any modifications. Its solutions include features such as footfall visibility, customer behavior tracking through heatmaps, optimizing store operations, and increasing conversion rates.
Furthermore, the company is continuously enhancing its product offerings by introducing features such as seamless checkout and end-to-end retail customer profiling.
Tango Eye’s rapid expansion is evident, as seen by its presence in over 3,000 shops and an Annual Recurring Revenue (ARR) of USD 3.4 million as of 2022.
This growth has been achieved through a combination of organic marketing and channel partners, which include OEMs, consultants, and system integrators and outreach and targeted lists are part of Tango Eye’s direct sales approach.
Gounder and Tango Eye’s impressive journey is a shred of evidence for commitment to leveraging AI vision technology to drive innovation and growth in the retail industry.