SirionLabs Pvt. Ltd, an enterprise software-as-a-service provider that helps companies manage services contracts, has raised $12.25 million (Rs 82 crore) in a Series B round led by existing venture capital investor Sequoia Capital. The funding will be utilized for research and development perspective-to deepen the product’s functionality and increase the levels of automation and artificial intelligence.
Freshdesk, the cloud-based customer support platform that is also backed by Google Capital and Accel Partners, has got an offer from a US-based strategic investor for purchasing a stake at a valuation of more than $500 million. As of now, there is no term sheet or any advanced discussions.
Tech Travels Pvt. Ltd, which runs business to business travel portal Travel Boutique Online (TBO) has bought a strategic stake in Deyor Adventures Pvt. Ltd, which runs campsite aggregator Deyor Camps. Following the deal, the teams of Deyor Camps and TBO will work closely to cross-sell each other’s products and offerings.
Human resources software-as-a-service (SaaS) startup Darwinbox has raised an undisclosed amount in its seed funding round from Mohandas Pai’s family fund 3one4 Capital, Tracxn Labs and Endiya Partners. The funding will be utilized to develop more modules and to expand sales and marketing.