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DRUVA VALUATION
A third of Druva’s code will be written by AI by 2025-end, says data security unicorn’s CEOFounded in 2008 in Pune, Druva was valued at $2.1 billion after a $147-million fundraise in 2021 led by Canada's Caisse de dépôt et placeme...- Indian Angel Network's Alpha Fund announces first close at Rs 355 croreMarquee investors of the IAN Alpha Fund include Small Industries Development Bank of India (SIDBI), SRI Fund, and several existing investor...
- Recession could drive further demand for digitalisation, says Druva CEO Jaspreet SinghDruva had raised $147 million in April 2021 at a valuation of more than $2 billion, and is likely to go in for a public offering soon.
- Ola aims to launch electric car in 2024; ‘mini Cloudtails’ mushroom on AmazonOla’s ambitious electric car project will see it build a separate manufacturing facility next to its two-wheeler factory in Tamil Nadu. We ...
- Paytm, Zomato's fate forcing Oyo Hotels and Delhivery to delay IPOsInvestors have soured on new tech offerings after the calamitous public debut of fintech firm Paytm, as well as the battering received by n...
- SAP picks up minority stake in Icertis, valuation likely tops $5 billionIcertis, a cloud-based enterprise contract management platform that counts Airbus, Cognizant, Microsoft, and Roche as customers, is expecte...
- SaaS startup Druva gets $147 million funding at $2 billion valuationDruva will use the funding from investors CDPQ and Neuberger Berman for product development and expand into the Nordics and Australia, Jasp...
- $150 million Series-C round catapults Postman into SaaS unicorn clubThe San Francisco and Bengaluru-based company has raised $208 million in total across various funding rounds. It is understood to have cloc...
- Postman in talks to raise $150 millionPostman is a collaboration platform for managing, developing and testing application programme interfaces (APIs). Postman, among the buzzie...
- Druva crosses $100 million in annual recurring revenueThe growth has been driven largely by increasing cloud adoption and a shift to SaaS (software as a service) delivery for data protection. E...
- Desi demand spices up the Indian SaaS storyA recent NASSCOM report said that the Indian SaaS market is estimated to hit $3.3-3.4 billion by 2022. This will be largely on the back of ...
- Druva raises $80 million funding from Riverwood CapitalGiven the increased threat of cyber attacks such as the ransomware WannaCry in recent months, the timing of the investment is just right fo...
- Enterprise software maker Druva raises $51 million in funding led by SequoiaThe eight-year-old company has now raised a total of $117 million in venture funding, the last round having closed in 2014 when it was esti...
- Domestic enterprise tech startups like Druva, Manthan get set for primary market debutWhile an IPO would present the cos’ VC backers a chance to sell their investments and exit, it would also put the firms under greater publi...
- Power of Ideas: 'We have only scratched the surface with regard to consumer internet'Answering questions from the audience, Lahoti urged budding entrepreneurs to build a sound business idea and a strong team before seeking m...
- We look for sector-fit, traction till date & team quality before investing: Rehan Yar Khan"For 2015, there’s more focus on consumer internet/smartphone applications and services; ecommerce ancillary industry, and SMB software tar...
- Sequoia, Tenaya Capital and Nexus Venture Partners invest Rs 150 crore in DruvaThe money from the latest round of funding will be used to expand the six year-old company's footprint in the Asia-Pacific region and Austr...
- Druva raises $25 million in Series D round from existing investorsEnterprise backup solutions maker Druva has raised $25 million (Rs 152.7 crore) in its latest round of funding that has been led by its exi...
- Druva: Startup by IITians sells data security software to NASA, Pfizer and Louis VuittonWorking out of Pune, the three engineers have since successfully built a data security and retrieval software company.
- Indian software companies like Flipkart, Makemytrip, InMobi inching close to $1 bn valuationsIt is a sign that the software products space is coming of age in a country whose strength in technology has so long been in services.
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