Indian SaaS-Company Scores Series F Funding From Sequoia Capital, Accel Partners
With half a dozen on board and the enlarge of Freshsales, India-based SaaS union is now roaring to accept on new challenges. founded Freshdesk has brought on board Sequoia High India as a new investor delay the repay of corporeal investor, Accel in its hindmost rotund of funding.
Sequoia’s India arm, which has had a thunderous year so far delay its portfolio companies wining marquee investors (Byju’s) or visibility remunerative exits (Citrus Pay), has announced a $55 Million Series F funding rotund along delay Accel.
Sequoia had too recently funded invoice discounting marketplace for MSMEs KredX.
“We met Freshdesk lewd years end when it was getting started and possess been tracking their proficiency closely constantly since”, said Mohit Bhatnagar, Managing Director, Sequoia High India. “They possess a world-class emanation trust and Sequoia is gladsome to accomplice delay Girish and bring this augmentation high rotund to succor flake India's bringing SaaS union.”
Since the ultimate rotund of funding in April 2015, the union doubled its customer vile to aggravate 80,000, opened a new duty in Europe and added two new emanations, Hotline.io, an in-app foundation and agreement platform for mobile-first businesses; and Freshsales, a CRM discontinuance and sales regularity for high-velocity sales teams.
Freshdesk’s emanations commission companies to pronounce an unusual customer experiment at constantlyy touchpoint. Earlier this year, Freshdesk opened its fifth global duty in Berlin, Germany and determined Arun Mani as Managing Director for Freshdesk Continental Europe.
In an emailed rejoinder to Entrepreneur India, Freshdesk said that the new funding succeed agency the augmentation of its newer emanations and succor expanding our global dutys.