Sunday, 21 June 2020

Funding Alert: o9 Solutions startup raises an amount of $100 million from KKR, valuing it over $1 billion

Integrated business planning software startup o9 Solutions, Inc. recently stated that it has raised an amount of $100 million (around Rs 761 crore) from global investment firm KKR. KKR has chose a minority stake in o9 Solutions, valuing it over $1 billion.

The #startup aims to hire India-based talent in emerging technologies like #artificialintelligence#machinelearning and other key technologies in the digital transformation space as well as expand its customer base in Asia.

o9 was put to use by Sanjiv Sidhu and Chakri Gottemukkala, both Indian Americans from Hyderabad.

Furthermore o9 has upto 500 employees globally, of which more than 350 are based in India. Its clients in India include different divisions of Aditya Birla group, Tata Group, and leading paint firms.

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o9 Solutions startup raises an amount of $100 M from KKR

Integrated business planning software startup o9 Solutions recently stated that it has raised an amount of $100 million (around Rs 761 crore) from global investment firm KKR. KKR has chose a minority stake in o9 Solutions, valuing it over $1 billion. The startup aims to hire India-based talent in emerging tech like artificial intelligence, machine...

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