PE Fund Investments
B2B automation platform Jiffy.ai raises $53-M from Eight Roads, Iron Pillar, others
Bengaluru-based B2B automation platform Jiffy.ai has raised USD 53 million in a Series B round led by Eight Roads Ventures. The round also saw participation from Iron Pillar, R-Squared, and existing investors Nexus Venture Partners, Reaction Capital and Rebright Partners. Jiffy will use the funds to scale its sales and marketing efforts, and advance its HyperApp platform. Founded by Babu Sivadasan, the startup helps clients assemble automated business capabilities that can learn and adapt to changing needs with little or no additional resource and operational expenditure.
From the Venture Intelligence PE-VC Deal Database: In Jun-20, Jiffy.ai raised $18-M from Rebright Partners, Nexus Venture Partners, and others.
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