In a milestone week, Perfios Software Solutions turns into the following Indian startup to be an exclusive Unicorn club, having gotten $70 Mn in Series C financing. The most recent subsidizing takes the fintech organization’s assessment to more than $2 Billion.
It likewise turns into the tenth unicorn of 2022 and second Indian organization this week, after open-source platform Hasura.
The subsidizing was launched by Warbug Pincus and Bessemer Venture Partners, who contributed a consolidated complete of $60 Mn in the Bengaluru-based platform.
The organization said in the administrative recording that it will involve the assets for assisting its business, employing which will incorporate financing the obtaining of different organizations, capital use, and working capital necessities.
The organization had last brought assets up in November 2019, when it raised $50 million as a piece of its Series B subsidizing round from Bessemer Venture Partners and Warbug Pincus.
Established in 2008, Perfios helps monetary foundations progressively direction, investigation, and credit guarantees. It examinations information to assemble vertical applications that can be straightforwardly utilized by banks, non-banking monetary organizations, money managers, and numerous others. Perfios’ unicorn status comes when a contest in the fintech space is ascending in India, with COVID-19 incited limitations speeding up the interest for digital adoption.