ERP Solutions Startup Icertis Raises $15 Mn From Ignition Partners And Others

ERP Solutions Startup Icertis Raises $15 Mn From Ignition Partners And Others

ERP solutions startup, Icertis, has raised about $15 Mn (INR 100 Cr) in a Series-B round of funding led by Ignition Partners, reported ET. Existing investors Greycroft Partners and Fidelity Growth Partners India also participated in this round.

Seattle-based Icertis provides cloud-based SaaS solutions for managing enterprise-wide contracts, be it buy-side, sell-side or employee contracts as well as ESOPs.

Founded in 2009 by Monish Darda and Samir Bodas, the Bellevue-based cloud enterprise software startup has offices in Pune and Mumbai in India. The company’s flagship product, Icertis Contract Management (ICM), can manage, sell-side, buy-side and corporate enterprise contracts across the globe by leveraging the power of the cloud.

Prior to this, Icertis raised $6 Mn from US-based venture capital firm, Greycroft Partners along with Fidelity Growth Partners India.

Greycroft is a syndicate-friendly firm. The venture fund generally invests between $100K and $5 Mn during inception. Whereas Fidelity Growth Partners India is the private equity arm of Fidelity International Ltd, focused on growth capital investing across sectors.


Welcome to Flash Feed, your essential source for breaking news and innovation from around the web – bite-sized and updated all day.


You have reached your limit of free stories
This Diwali, Get Up To 72% Off On Inc42 Plus

Become A Startup Insider With Inc42 Plus

Offer Fading Away This Week
countdownmail.com
2 YEAR PLAN
₹19999
₹6999
₹291/Month
UNLOCK 65% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹3999
₹333/Month
UNLOCK 60% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

ERP Solutions Startup Icertis Raises $15 Mn From Ignition Partners And Others-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

ERP Solutions Startup Icertis Raises $15 Mn From Ignition Partners And Others-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

ERP Solutions Startup Icertis Raises $15 Mn From Ignition Partners And Others-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

ERP Solutions Startup Icertis Raises $15 Mn From Ignition Partners And Others-Inc42 Media
ERP Solutions Startup Icertis Raises $15 Mn From Ignition Partners And Others-Inc42 Media
You’re in Good company