Usa and India Based software startup ICERTIS has raised $80 million In Funding in a Series F round led by B Capital Group along with Meritech Capital Partners, PSP Growth, Greycroft, PremjiInvest has also participated in the round.
How ICERTIS Make Money
ICERTIS is a Pune-based B2B software startup that operates in the contract lifecycle management space, basically, it sells Contract Management software across 90 Countries.
ICERTIS operates in the contract lifecycle management space which means it earns money when some businesses give work contracts to other businesses. The ICERTIS vision is to help businesses negotiate better with other businesses and to keep track of the deals with suppliers and customers.
What ICERTIS Will Do With $80 Million Funding
ICERTIS has said they will use these $80 Million fresh funds to expand their footprints in Southeast Asia, Japan, and other countries, also to grow the size of their time.
They will also invest in their artificial intelligence to boost up their software quality, and blockchain development in the platform.
After ICERTIS raised $80 Million in funding its evaluation is now 2.8 billion Dollars, also become the second most valuable startup in India. B2B startup is growing so faster in India, so it will be worth seeing which b2b startup will become the next unicorn.
So what do you think about ICERTIS has raised $80 million In Funding do tell us in the comments, and if you found this post helpful dont forget to share it with your friends and family.