Private Equity Fund Investments
Sales enablement tech provider Mindtickle raises $100-M more led by SoftBank; turns Unicorn
Sales enablement technology provider Mindtickle has raised USD 100 in a funding round led by existing investor SoftBank. With a valuation of USD 1.2 billion, Mindtickle is now India's latest Unicorn. Other existing backers including Norwest Venture Partners and Qualcomm Ventures participated in the round. The latest funding takes the total capital raised to USD 281 million, including the USD 100 million round last November also led by SoftBank. The startup, based in Pune and San Francisco, offers artificial intelligence-based sales tools to improve selling, product knowledge and awareness of the competition. Companies can customize Mindtickle's templates with their own content and data, as well as analyse and incorporate customer feedback. Mindtickle aims to use the new capital to grow its client base, make acquisitions and improve its products.
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