WhatFix, a San Josebased digital transformation firm, secured $125 million in a Series E round led by Warburg Pincus.  The funding round values WhatFix at around $900 million, a 50% increase from i...

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- WhatFix, a San Jose-based digital transformation firm, secured $125 million in a Series E round led by Warburg Pincus.
- The funding round values WhatFix at around $900 million, a 50% increase from its Series D valuation in 2021.
- WhatFix offers on-screen tutorials for over 750 apps, aiding companies in software adoption and user onboarding.
- The company has over 10 million users and 700 customers, including major names like Shell and Microsoft.
- With $280 million in total capital raised, WhatFix plans to expand, diversify, and explore AI-driven solutions. 

 Source: [Techcrunch](https://techcrunch.com/2024/09/25/whatfix-raises-125m-to-provide-in-app-guides-to-users/)

WhatFix raises a whopping $125M for its in-app user guides

Journalist

WhatFix raises a whopping $125M for its in-app user guides- Grapevine

- **Whatfix**, a digital adoption platform, has launched a $58 million liquidity program for its employees and investors. 
- This is the company's fourth buyback of employee stock options (ESOPs). 
- The announcement follows the company's recent $125 million Series E funding round, which increased the firm's valuation to $900 million. 
- Whatfix has been awarded five patents by the US Patent Office and has 18 more in progress. 
- The company has doubled its workforce and opened four new offices since its Series D funding round.

Source: [Entrackr](https://entrackr.com/2024/10/whatfix-rolls-out-58-mn-liquidity-event-for-employees-and-investors/)

Whatfix Announces $58M Liquidity Event for Employees, Investors

Welcome to Office Gossip's Private Community

Whatfix might get acquired by MSFT

Sales manager

Welcome to Software Engineers's Private Community

I heard that whatfix is hiring for entry level position. Can anyone guide me hoe to get into whatfix

Software Developer

Welcome to Indian Startups's Private Community

😶 Received funding of 💵 USD 3.5 millions last year and the app has ⬇️ 100K+ downloads but almost 0 DAU engagement. What to do now?

App Validation Failed

Founder

Creating this thread to help the laid off folks look for their next company.

Which tech companies in India have a strong product and a long runway?

Product Manager

- InMobi, backed by SoftBank, has raised $100 million in debt financing to enhance its AI capabilities and fund AI-focused acquisitions.
- The financing was led by MARS Growth Capital, a joint venture between MUFG and Liquidity Group.
- CEO Naveen Tewari emphasized AI's role in revolutionizing ad engagement and outcomes for consumers, advertisers, and publishers.
- InMobi operates two core businesses: InMobi Advertising and Glance, an AI-powered content discovery platform.
- Glance, with over 300 million users, aims to expand globally, supported by investments from Jio Platforms, Google, and Mithril Capital. 

 Source: [Moneycontrol](https://www.moneycontrol.com/news/business/startup/inmobi-secures-100-million-debt-to-fund-its-ai-efforts-acquisitions-12819183.html)

InMobi Secures $100 Million Debt to Fuel AI Ambitions and Acquisitions

I have heard a lot of sales folks are clocking 1-1.5 crores yearly. 

Is it true?

Does anyone work as an Account Executive at Whatfix?

Hey there! 👋 

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- WhizHack has secured $3 Mn in its Pre-Series A funding round from SAAA Capital, valuing the startup at $100 Mn.
- The fresh capital will be used to enhance R&D through collaborations with universities in India and the US.
- The startup plans to raise a larger Series A round in early 2025 to expand into North America and Europe.
- WhizHack has seen over 200% annual growth in business from enterprise and government clients, and a 50X increase in shareholder value over the past three years.
- Founded in November 2020, WhizHack competes with Kratikal, Hicube, and Skylark, and counts IITs, NPTI, and Microsoft among its partners. 

 Source: Inc42

Cybersecurity Startup WhizHack Raises $3 Mn At $100 Mn Valuation

https://techcrunch.com/2024/05/10/meesho-an-indian-social-commerce-with-150m-transacting-users-secures-275m-in-new-funding/ 

In current climate, great to see they’re able to raise! Folks at Meesho, some questions: 

- does anyone know if this is a down round?
- how’s the climate inside Meesho? Appraisals, hiring etc 
- are all employees allowed to sell in the secondary?

Meesho raises funding

Software Engineer

Time for the monthly hiring thread! 

Please mention the name of the company and role/functions that they’re hiring for 

Please post only roles you can verify are open - so we don’t waste anyone’s time 

If the company isn't well know, sharing some context might help

Mega thread- Who is hiring? (Apr' 23)

So they raised $50M for a chatgpt wrapper?

Whats with Fi money laying of 10% of their workforce for a 2 yr extended runway

https://www.business-standard.com/companies/news/quick-commerce-firm-zepto-raises-665-mn-in-funding-valued-at-3-6-bn-124062100289_1.html

Zepto raised $665bn at $3.6bn valuation . Mind blowing execution

- Fei-Fei Li, known as the Godmother of AI, has secured $230 million for her startup, World Labs.
- The funding comes from major backers like Andreessen Horowitz, NEA, and Radical Ventures.
- World Labs is now valued at over $1 billion, with the capital raised in two rounds.
- The company aims to launch its first product in 2025, focusing on AI models for the 3D world.
- Potential customers include game companies and movie studios, according to Andreessen Horowitz. 

 Source: [Techcrunch](https://techcrunch.com/2024/09/13/fei-fei-lis-world-labs-comes-out-of-stealth-with-230m-in-funding/)

Fei-Fei Li’s World Labs comes out of stealth with $230M in funding

After krutrim, perfios, Porter is the 3rd startup which has turned unicorn 🦄 

It has solved some problem for sure unlike krutrim 

I remember, when I moved to blr...it was a life saviour.

Such startups deserve to be an unicorn 🦄

3rd Unicorn 🦄 of 2024

Senior Consultant

Byjus Valuation Sliced By 99% - Rasing a 200 million $ through rights issue at 250 million dollars

LightFury Games, a gaming startup launched by Karan Shroff, plans to utilise the new capital to develop AAA games in India and will initially focus on mobile gaming before expanding to other platforms, including consoles.

LightFury Games secures $8.5 million funding from Blume Ventures, others

Wow. $8.5Mn at Seed, that is some raise. Ex CMO of Unacademy started their gaming studio.

Growth Manager

- Futwork has raised Rs 20.9 crore ($2.5 million) in a Series A round led by the Michael & Susan Dell Foundation.
- The funding round also saw participation from Artha Ventures, Simile Capital, and other investors.
- The company plans to use the funds to meet growth objectives, working capital needs, and strengthen its financial position.
- Post-funding, the Michael & Susan Dell Foundation will hold 19.92% of Futwork, with Simile Capital and Artha Ventures holding 10.08% and 5.64%, respectively.
- Founded in 2020, Futwork helps businesses build outbound calling teams and reported a revenue drop to Rs 3.79 crore for FY23. 

 Source: [Entrackr](https://entrackr.com/2024/09/exclusive-futwork-kicks-off-series-a-led-by-michael-susan-dell-foundation/)

Futwork Secures $2.5 Million in Series A Funding Led by Michael & Susan Dell Foundation

- Goldman Sachs is in advanced talks to invest $35-50 million in MoEngage through a secondary transaction.
- This deal is part of a broader trend of increased activity in late-stage SaaS startups, including Whatfix, Innovaccer, Icertis, Atlan, and Rocketlane.
- The investment comes as SaaS funding valuation multiples have readjusted significantly over the past year.
- MoEngage was last valued at $700 million following a $77 million funding round led by Goldman Sachs and B Capital in 2022.
- SaaS investments saw a slowdown last year, with late-stage firms receiving $1.53 billion in 2022, dropping to $421 million in 2023. 

 Source: Economic Times

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