Page 5 - மூத்தவர் நிர்வகித்தல் கூட்டாளர் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SaaS unicorn Eightfold AI has raised $220 million in a Series E funding round, led by SoftBank Vision Fund 2. With this round, the US-headquartered company founded by IITians Ashutosh Garg and Varun Kacholia, has more than doubled its valuation since November last year to $2.1 billion. This round also saw participation from previous investors including General Catalyst, Capital One Ventures, Foundation Capital, IVP and Lightspeed Venture Partners. Total funding raised to date by Eightfold AI is more than $410 million, with $325 million coming in the last seven months. The company, headquartered in the US, would be utilising the platform to fuel growth, invest in the technology and the product. “Most importantly, we will keep enhancing our functionalities, so that we can keep solving for employment. We are also extending our platform where our partners can build on top of our platform because we don t believe we can build everything ourselves,” Garg told Business Standard, a

Varun kacholiaIitians ashutosh gargSoftbank vision fundFoundation capitalTata communicationsAshutosh gargGeneral catalystCapital one venturesLightspeed ventureBusiness standardTalent intelligence platformDeep nisharSenior managing partnerSoftbank investmentSaas unicornEightfold ai