Deals
Billionaire Premji Helps Create India’s Newest Tech Unicorn
- Icertis raises $115 million for expansion in a growing market
- The funding comes as Indian enterprise software gets hot
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Billionaire Azim Premji has helped create India’s latest tech unicorn: a fast-rising software startup that symbolizes the growing investor interest in the Asian nation’s enterprise technology space.
Icertis, which competes with SAP SE and Oracle Corp. to help businesses manage contracts in the cloud, has raised $115 million, propelling it to unicorn status as investors flock to enterprise software makers.