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Extremely rich person Azim Premji helps create India's newest tech unicorn, Icertis

Icertis, which competes with SAP SE and Oracle Corp. to help businesses manage contracts in the cloud, has raised $115 <br><br>million

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Extremely rich person Azim Premji helps create India's newest tech unicorn, Icertis

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  1. BUSINESS STANDARD Extremely rich person Azim Premji helps create India's newest tech unicorn, Icertis Icertis, which competes with SAP SE and Oracle Corp. to help businesses manage contracts in the cloud, has raised $115 million Billionaire Azim Premji has helped create India’s latest tech unicorn: Afast-rising software start-up that symbolises the

  2. growing investor interest in the Asian nation’s enterprise technology space. At the advanced-stage funding round in Bellevue, Washington and Pune, India-based Icertis was co-led by Greycroft Partners LLC and PremjiInvest, the fund managed by the family office of Indian tech billionaire Premji. Existing investors including B Capital Group, Eight Roads Ventures and Cross Creek Advisors participated. With this, Icertis has raised over $211 million. The venture programming portion is warming up as speculators from Tiger Global Management to Sequoia and Accel scour the business for India's next startup monsters. Many are relied upon to be business-as opposed to buyer centered, as the nation's ability pool shifts from IT redistributing administrations for worldwide customers toward planning and giving on the web programming. "As contracts get changed over from static archives to advanced resources without precedent for history, each dollar in or out is represented by an agreement, putting them at the core of each undertaking," said Samir Bodas, Icertis' fellow benefactor and CEO. "Each worldwide organization faces remarkable worldwide challenge and needs programming to oversee contracts." Read More

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