Announced
Completed
Financials
Sources
Tags
software development
India
consumer application
Friendly
Single Bidder
Minority
Completed
Domestic
IT Services: Other
Private
consumer software
Venture Capital
Acquisition
Private Equity
Synopsis
India focused venture capital firm Iron Pillar led a $23m Series C round in Servify, a device lifecycle management platform. Additional investors in the funding round include Blume, Beenext, Tetrao, 57 Stars, SParkle Find, SF Roofdeck Capital, Go Ventures, Madhu Kela Family Office, and Trifecta Capital. “It is very satisfying as we have more than quadrupled our revenue in 2020 till date, and raised funds for expansion even during the tough economic climate. This further strengthens our belief that we have built a globally scalable sound business that is not only trusted by large brands, but also the investor community,” Sreevathsa Prabhakar, Sevify Founder.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.