Indian SaaS Startup Raises $18 Million to Scale Global Enterprise Products

An Indian SaaS automation startup raised $18 million to expand product development, GTM reach and hiring while reporting 140 percent annual revenue growth.

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Indian SaaS Startup Raises $18 Million to Scale Global Enterprise Products

Indian SaaS Startup Raises $18 Million to Scale Global Enterprise Products
An Indian SaaS platform focused on workflow automation raised $18 million in a funding round led by Peak XV Partners and expanded participation from existing investors. The fresh capital will be used for product development, GTM expansion and strategic hiring. The startup reported 140 percent year-over-year revenue growth driven by rising adoption across US and Middle East enterprise clients. The company plans to accelerate penetration in BFSI and healthcare sectors.
Tags:
  • startups
  • saas