ICERTIS

B2B SaaS startup Rocketlane has raised $24 million in funding led by 8VC, Matrix Partners India and Nexus Venture Partners. The company will use the funds to launch new products, innovate its customer portal, and accelerate its AI plans, it said in ...

Private equity firm Warburg Pincus is set to lead a $100-150 million funding round in SoftBank-backed SaaS firm Whatfix, with participation expected from SoftBank and early investors Helion Venture Partners and Eight Roads Ventures. Whatfix is said ...

Tech VC in funding talks with portfolio co Icertis, which is stitching up a $150m secondary round

Funding led by Singapore's GIC and US-based Meritech Capital values startup at $750 million, up from $450 million in March 2022 when it last raised funds

Happy Wednesday! Paytm’s lending business has hit a roadblock as partner NBFCs have stopped issuing loans. This and more in today’s ETtech Morning Dispatch.

Exponent Energy had last raised $13 million in August 2022 in a Series A led by Lightspeed that valued the Bengaluru-based startup at around $45 million.

The ET Startup of the Year will be characterised by breakthrough innovation, top-class execution and fast-paced growth. The quality of the founding and management team was an important component in decision making.

The deal values the apartment with carpet area of 3,055 sq ft at over Rs 1.24 lakh per sq ft, a high for the locality known for the properties of Bollywood actors, directors, and producers. Given the per sq ft rate, the transaction will also enter t...

In a press statement, Enzene said it would leverage the fresh funds to enhance its manufacturing capabilities and drive expansion in its core market of India and the US.

Multiple Icertis employees wrote about being sacked on professional networking platform LinkedIn. As last reported, Icertis had more than 2,400 employees globally.

The homegrown SirionLabs, which is now based in Seattle, raised $85 million from Partners Group last May with participation from existing investors Sequoia India and Tiger Global.

Indian startups, going through a spree of layoffs, find it hard to get funded, yet again.

The company said on Monday that it would use the funds to further accelerate the adoption of technologies such as artificial intelligence (AI), machine learning, and blockchain.

Icertis, a cloud-based enterprise contract management platform that counts Airbus, Cognizant, Microsoft, and Roche as customers, is expected to deepen its existing partnership with SAP following the investment.

From January to June 2021, the Bellevue, Washington-based company said it posted a 60% increase in revenue from a year earlier, leadership additions and expansion deals, underscoring rising demand in the sector. It did not reveal the revenue amount.

IT firms realise that it won’t be business-as-usual once things return to normal. Startups are believed to be waiting for their leases to run out at coworking spaces so that they can renegotiate their office requirements.

Ursula Burns joins Icertis’ advisory board after the company said it’s raising $80-million in a Series F funding found at a valuation of more than $2.8 billion.

Key deals during 8-12 March 2021: SaaS startup Icertis gets $80 million funding at triple the valuation; PUBG owner Krafton invests in Nazara-backed Nodwin; and VerSe Innovation acquires Vebble for its Josh app.

Icertis, a Pune-based software firm, will use the funding to fuel its expansion plans and product development, CEO Samir Bodas says.