Author Archives: Manish Singh

Business messaging platform Gupshup raises $240 million from Tiger Global, Fidelity and others

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Gupshup, a business messaging platform that began its journey in India 15 years ago, surprised many when it raised $100 million in April this year, roughly 10 years after its last financing round, and attained the coveted unicorn status. Now just three months later, the San Francisco-headquartered startup has secured even more capital from high-profile […] Continue reading Business messaging platform Gupshup raises $240 million from Tiger Global, Fidelity and others→

Zoom buys cloud call center firm Five9 for $14.7 billion

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Zoom is taking advantage of the impressive rise in its stock price in the past year to make its first major acquisition. The popular video conferencing firm, which was valued at about $9 billion at its IPO two years ago, said Sunday evening it has agreed a deal to buy cloud call centre service provider […] Continue reading Zoom buys cloud call center firm Five9 for $14.7 billion→

Salesforce leads $15M investment in Indian HR tech platform Darwinbox

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Darwinbox, which operates a cloud-based human resource management platform, has raised $15 million in a new financing round as the Indian startup looks to further expand in the country and Southeast Asian markets. The new round — a Series C — for the Hyderabad-headquartered startup was led by Salesforce Ventures, the venture arm of the […] Continue reading Salesforce leads $15M investment in Indian HR tech platform Darwinbox→

Amazon inks cloud deal with Airtel in India

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Amazon has found a new partner to expand the reach of its cloud services business AWS in India, the world’s second largest internet market. On Wednesday, the e-commerce giant announced it has partnered with Bharti Airtel, the third-largest telecom operator in India with more than 300 million subscribers, to sell a wide-range of AWS offerings […] Continue reading Amazon inks cloud deal with Airtel in India→

Verizon partners with Airtel to launch BlueJeans in India

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Bharti Airtel announced on Tuesday it has partnered with Verizon* to launch BlueJeans video-conferencing service in India to serve business customers in the world’s second largest internet market. The video conferencing service, branded as Airtel BlueJeans in India, offers “enterprise-grade security” (which includes encrypted calls, ability to lock and password protect a meeting and generate […] Continue reading Verizon partners with Airtel to launch BlueJeans in India→

India’s richest man built a telecom operator everyone wants a piece of

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As investors’ appetites sour in the midst of a pandemic, a three-and-a-half-year-old Indian firm has secured $10.3 billion in a month from Facebook and four U.S.-headquartered private equity firms. The major deals for Reliance Jo Platforms have sparked a sudden interest among analysts, executives and readers at a time when many are skeptical of similar […] Continue reading India’s richest man built a telecom operator everyone wants a piece of→

SirionLabs raises $44M to scale its contract management software

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SirionLabs, a startup that provides contract management software to enterprises, has raised $44 million in a new financing round as it looks to expand and handle surge in demand from clients. Tiger Global and Avatar Growth Capital led the Seattle-headquartered startup’s Series C round. The eight-year-old startup, which was founded in India, has raised $66 […] Continue reading SirionLabs raises $44M to scale its contract management software→

Salesforce hires former banker Arundhati Bhattacharya as chairperson and CEO of India business

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Salesforce, the global giant in CRM, said on Wednesday that former banker Arundhati Bhattacharya will be joining the company on April 20 as chairperson and chief executive of its India division. The San Francisco-headquartered firm said Bhattacharya, who served as the chairperson of the state-run State Bank of India for nearly four decades and oversees […] Continue reading Salesforce hires former banker Arundhati Bhattacharya as chairperson and CEO of India business→

Lightspeed leads Laiye’s $42M round to bet on Chinese enterprise IT

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Laiye, a Chinese startup that offers robotic process automation services to several major tech firms in the nation and government agencies, has raised $42 million in a new funding round as it looks to scale its business. The new financing round, Series C, was co-led by Lightspeed Venture Partners and Lightspeed China Partners. Cathay Innovation, […] Continue reading Lightspeed leads Laiye’s $42M round to bet on Chinese enterprise IT→

India’s Fyle bags $4.5M to expand its expense management platform in US, other international markets

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Fyle, a Bangalore-headquartered startup that operates an expense management platform, has extended its previous financing round to add $4.5 million of new investment as it looks to court more clients in overseas markets. The additional $4.5 million tranche of investment was led by U.S.-based hedge fund Steadview Capital, the startup said. Tiger Global, Freshworks, and […] Continue reading India’s Fyle bags $4.5M to expand its expense management platform in US, other international markets→