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The aforementioned businesses are unicorn SaaS companies in India. Each is tracking its development in the SaaS market in India and throughout the world with varied levels of investment.
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Search here ... Chargebee’s funders want to exit at a $1.5 billion value for the SaaS startup Home - Fund Raising - Chargebee’s funders want to exit at a $1.5 billion value for the SaaS startup Fund Raising December 19, 2022
Early-stage investors in Chargebee are in discussions with potential new and current institutional investors about selling a portion of their ownership. In a fundraising round headed by Tiger Global and Sequoia Capital, the subscription management platform Chargebee raised $250 million, valuing the 몭rm at $3.5 billion in February. Chargebee is a SaaS subscription-based recurring billing tool for eCommerce and enterprises with PCI Level 1 certi몭cation. The business raised $468 million in equity capital from investors in only nine months in April. One of the two individuals, who wished to remain anonymous, said that the early investors were providing the share at a signi몭cant discount. The business says that it might be as little as $1.5 billion. In 2011, Krish Subramanian, Saravanan K. PRajaraman, Santhanam, and Thiyagarajan T launched Chargebee. The company’s main services include integrating with the top payment gateways like Stripe, Braintree, PayPal, etc. on a global scale to automate the collection of recurring payments as well as invoicing, taxes, accounting, email alerts, SaaS Metrics, and customer management. With robust connectors that include Salesforce, Xero, Quickbooks, Avalara, and Slack, among others, Chargebee manages all key operations from lead to ledger. According to the source, the company also have plans to open additional o몭ces, make investments in Australia, and develop alliances with companies like GoCardless, Salesforce, Hubspot, and PayPal. Outcome The aforementioned businesses are unicorn SaaS companies in India. Each is tracking its development in the SaaS market in India and throughout the world with varied levels of investment.
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