NEW DELHI:
Sequoia Capital India has led a $32 million (about Rs 229 crore) funding round in digital adoption solutions provider
Whatfix, the San Jose-headquartered company said.
The six-year-old company’s existing set of investors – Eight Roads Ventures, the proprietary investment arm of
Fidelity International, F-Prime Capital, the US-based sister fund of
Eight Roads Ventures and Cisco Investments – also participated in the Series C round.
The latest equity financing comes a little less than a year after Eight Roads Ventures led a Rs 92 crore round in the company.
Whatfix, founded in 2014, will use the money for product development and to expand into geographies such as Europe and Australia, it said, in a statement.
Founded by Batti and Vara Kumar, Whatfix is present in Bengaluru, San Francisco, London and Melbourne. The company helps enterprises deliver easy onboarding, training and selfservice support.