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SaaS companies have typically viewed the US market as more favourable to list, but with better valuations and growth expectations, the Indian market is attracting some of them.
Druva delivers data protection and management for the cloud era
Jaspreet Singh Pune, India–Cloud data protection and management company Druva on Monday announced it has raised $147 million led by CDPQ, a global investment group, taking its valuation to $2 billion. The latest funding also has a significant investment by New York-based Neuberger Berman. Founded by CEO Jaspreet Singh and Milind Borate (co-founder and CTO) in Pune in 2008, the entire R&D work at the company is being done from India. Druva which has now moved its headquarters to Sunnyvale, California, said in a statement that the new investment will fuel continued expansion of its cloud plat...
India-born Druva raises $147M at $2B valuation By IANS | 5 Views Dollar.. Image Source: IANS News Pune, April 19 : Cloud data protection and management company Druva on Monday announced it has raised $147 million led by CDPQ, a global investment group, taking its valuation to $2 billion. The latest funding also has a significant investment by New York-based Neuberger Berman. Founded by CEO Jaspreet Singh and Milind Borate (co-founder and CTO) in Pune in 2008, the entire R&D work at the company is being done from India. Druva which has now moved its headquarters to Sunnyvale, Califor...
Druva, the Indo-US cloud data protection and management unicorn, has raised $147 million in a new round of funding. The funding was led by Caisse de dépôt