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<ul><li><keyword id="1836134" type="COMPANY" weightage="20" keywordseo="Icertis">Icertis</keyword>, which caters to the likes of <keyword id="6354427" type="ORGANIZATION" weightage="20" keywordseo="apple">Apple</keyword>, Airbus, <keyword id="10387" type="CITY" weightage="20" keywordseo="Microsoft">Microsoft</keyword> and Best Buy, plans to increase its headcount by 30% to 40% in 2021. </li><li>Most of this hiring will be done for engineering and sales. </li><li>The uptake of employees comes as Icertis’ looks to move beyond its enterprise clients and focus on the mid-market segment. </li></ul>Icertis, the billion-dollar unicorn based out of Pune in India, which manages contracts for bigwigs like Apple, Airbus, Microsoft and Best Buy has plans to increase its headcount by at least 30% in 2021. Over the last year, the company has added over 300 employees globally, with at least 50 being hired from Indian campuses. Before 2020 comes to an end, Icertis intends to add another 200 employees to its <a href="https://www.owler.com/company/icertis#:~:text=Icertis%20has%201%2C300%20employees%20and,among%20it's%20top%2010%20competitors.">1,300-strong</a> headcount. “We’ll continue to hire aggressively to support our growth and expect to increase our headcount 30% to 40% in the next year,” co-founder and chief technology officer (CTO) of Icertis, Monish Darda, told Business Insider in an exclusive interview. This means onboarding at least 450 new faces in 2021. The development at a time when the startup has plan to shift its focus on bringing more mid-market customers. The challenge there is that it takes at least 10 to 15 clients from that segment to bring the same amount of revenue as an enterprise client. Software companies need to sell For those who aren’t familiar with Icertis, the startup used artificial intelligence (AI) and machine learning (ML) to manage contracts on the cloud. Rather than keep track of compliance or payments on paper, everything is managed automatically by the company’s <keyword id="10399864" type="UNKNOWN" weightage="20" keywordseo="contract-intelligence">contract intelligence</keyword> software-as-a-service (SaaS). And, as a SaaS company, Darda believes being able to sell your product is a necessity for growth. “If you cannot sell, that’s the end of the company when you’re smaller… The ability to sell is critical for any company especially for an enterprise Saas company which is dependent on companies renewing every year — it’s not a perpetual license,” he explained. On the hunt for hunters and farmers According to Darda, there are two types of salespeople — hunters and farmers. Hunters go out and convince the customer to buy new software like Icertis. Farmers, on the other hand, reach out to clients that already have Icertis and grow the business by uncovering new ways and new value for the customer. “When we hire, we hire at different levels. Experienced people for large accounts and people who may be capable of doing that a mid-level. This allows you to expand that pyramid and sell better,” explained Darda. Former Airbus and BMW procurement honcho <a href="https://www.prnewswire.com/news-releases/icertis-adds-former-airbus-and-bmw-chief-procurement-officer-dr-klaus-richter-to-board-of-advisors-301178658.html">Klaus Richter</a>, for instance, has recently joined Icertis’ advisory board and can be profiled as a hunter. “He brings in a lot of raw experience into the company in how to cater to large deals,” according to Darda. The freshers come in on the analytics side of sales. Their role is to rummage through raw data to figure out how sales are performing and what lies ahead to improve the efficiency of sales. Cloud development is a skill that you have or don’t Sales can help you expand your business but you need engineers to stay ahead of the competition. When Darda first joined Icertis, the first line of code he wrote was on Azure. And, the entire company is built on the cloud. According to him, cloud development is a skill that people have or don’t have. Candidates need to be able to think ten steps ahead and be proficient at what’s called ‘defensive programming’. “How do you think about a problem and how do you solve a problem? Do you take care of what will happen under five different scenarios,” he explained. And, since Icertis is a contract ‘intelligence’ company the value of having the basic computer skills to navigate the Microsoft Stack and the AI/ML stack, which consists of languages like R and Python, is a bare necessity. Icertis was among the <a href="https://economictimes.indiatimes.com/jobs/iit-roorkee-receives-7-international-offers-until-day-3-of-placement/articleshow/79547532.cms">seven international companies</a> to dole out a placement offer at IIT Roorkee. And, the secret sauce to getting selected — more than the clout of being good at coding — is ‘elasticity’. “The most important aspect that we look for is elasticity — how can people learn, especially when we’re hiring young people fresh out of college with very little industry experience,” said Darda. SEE ALSO: <a href="https://www.businessinsider.in/business/corporates/news/tata-group-company-voltas-is-telling-analysts-that-it-may-hike-ac-prices-by-3-4-to-cover-rising-input-costs/articleshow/79624340.cms">Voltas is telling analysts that it may hike AC prices by 3-4% to cover rising input costs</a> <a href="https://www.businessinsider.in/science/environment/news/mount-everest-taller-by-2-8-feet-as-nepal-and-china-set-aside-their-differences/articleshow/79622601.cms">Mount Everest is 2.8 feet taller as China and Nepal finally agree on the height of the world's highest peak</a>

EXCLUSIVE: This Indian unicorn helping Google, Microsoft and Apple manage their contracts is hiring⁠— it needs techies as well as people in sales

Software-as-a-Service (SaaS) company <keyword id="1836134" type="General" weightage="100" keywordseo="icertis" source="Orion">Icertis</keyword> on Monday said it has secured $150 million in funding comprised of a revolving credit facility and convertible financing from Silicon Valley Bank. Icertis said that the funds will enable it to further extend the company's leadership position in the Contract Lifecycle Management (CLM) category by accelerating the application of transformational technologies like artificial intelligence, machine learning, and <keyword id="6355684" type="General" weightage="50" keywordseo="blockchain" source="Orion">Blockchain</keyword> to deliver material, unique, and consequential value to customers. "We continue to see strong momentum with our clear value proposition as we help customers become more agile, drive efficiencies, and respond to market challenges like inflation, sanctions, economic slowdown, and supply chain disruptions," said <keyword id="15395939" type="General" weightage="50" keywordseo="rajat-bahri" source="Orion">Rajat Bahri</keyword>, <keyword id="53346" type="General" weightage="50" keywordseo="cfo" source="Orion">CFO</keyword> of Icertis. "This new funding from Silicon Valley Bank is a major vote of confidence in our growth trajectory, enhancing our already strong capital position, and enabling us to lean in to capture market share and build towards the next exciting chapter in our company's journey," he said in a statement. The Icertis Contract Intelligence platform helps companies structure critical commercial, legal, and operational data within contracts and connect that data to surrounding procurement, ERP, HCM, and CRM systems. According to MGI Research, the category total addressable market for CLM will increase to $30 billion in the next five years. "Understanding and harnessing the underlying data can drive material business impact to a wide range of enterprises. We're proud to support the Icertis team as they build an enduring and industry leading enterprise software company," said Bob Blee, Head of US Technology Corporate Banking at Silicon Valley Bank. Icertis handles more than 10 million contracts worth more than $1 trillion in over 40 languages and more than 90 countries. SEE ALSO: <a href="https://www.businessinsider.in/business/telecom/news/bharti-airtel-reports-89-yoy-increase-in-q2-net-profit-to-2145-crore/articleshow/95207348.cms">Bharti Airtel reports 89% YoY increase in Q2 net profit to ₹2,145 crore</a> <a href="https://www.businessinsider.in/finance/news/rbi-measures-controlled-inflation-but-challenges-remain-say-economists/articleshow/95201223.cms">RBI measures controlled inflation, but challenges remain say economists</a> <a href="https://www.businessinsider.in/careers/news/number-of-gig-workers-earning-over-85000/month-rose-over-60-since-last-october-report/articleshow/95208221.cms">Number of gig workers earning over ₹85,000/month rose over 60% since last October: Report</a>

Icertis raises $150 million to boost contract lifecycle management business

<ul><li>The Pune-based company said that it was valued at over $2.8 billion dollars.</li><li><keyword id="1836134" type="COMPANY" weightage="20" keywordseo="Icertis">Icertis</keyword> said it will be using this money to invest in <keyword id="107950" type="TECHNOLOGY" weightage="20" keywordseo="artificial-intelligence">artificial intelligence</keyword> and blockchain development.</li><li>The startup, which was founded in 2009 by Samir Bodas and Monish Darda, has raised over $280 million in private market funding till date.</li></ul>The Indian startup that helps bigwigs like <keyword id="6355629" type="DEFINITION" weightage="20" keywordseo="google">Google</keyword>, <keyword id="10387" type="CITY" weightage="20" keywordseo="Microsoft">Microsoft</keyword> and <keyword id="6354427" type="ORGANIZATION" weightage="20" keywordseo="apple">Apple</keyword> manage their contracts just bagged $80 million (around ₹580 crore) in its series F round of funding. Pune and Seattle-based Icertis is a startup that uses artificial intelligence (AI) and machine learning (ML) to manage contracts on the cloud. Rather than keep track of compliance or payments on paper, everything is managed automatically by the company’s contract intelligence software-as-a-service (SaaS). The company said that it was valued at over $2.8 billion dollars (around ₹20,000 crore at current rates) in a press statement. The tech unicorn claims that its valuation tripled compared to July 2019, when it raised the series E round. <div type="Article" hostid="261" msid="79640659" title="EXCLUSIVE: This Indian unicorn helping Google, Microsoft and Apple manage their contracts is hiring⁠— it needs techies as well as people in sales" mstype="2" mssubtype="0"></div> The company, which was founded in 2009 by Samir Bodas and Monish Darda, has raised over $280 million in private equity funding till date. The latest funding round was led by existing investor B Capital Group, along with investors Premji Invest, PSP Growth, Greycroft, Meritech Capital Partners, and e.ventures. The firm said it will be using this money to invest in “accelerating AI (artificial intelligence) and blockchain development.” It also added that it will also utilise the funds to expand its sales and marketing efforts. In an exclusive<a href="https://www.businessinsider.in/careers/news/icertis-helps-google-microsoft-and-apple-manage-their-contracts-is-hiring-for-techies-and-people-in-sales/articleshow/79640659.cms"> interview</a> with Business Insider last year, Darda, co-founder and chief technology officer (CTO) of Icertis had said that they will continue to hire aggressively to support their growth and expect the firm to increase its headcount 30% to 40% in 2021. SEE ALSO: <a href="https://www.businessinsider.in/careers/news/icertis-helps-google-microsoft-and-apple-manage-their-contracts-is-hiring-for-techies-and-people-in-sales/articleshow/79640659.cms">EXCLUSIVE: This Indian unicorn helping Google, Microsoft and Apple manage their contracts is hiring⁠— it needs techies as well as people in sales</a> <a href="https://www.businessinsider.in/tech/news/indias-new-cybersecurity-framework-needs-to-be-more-robust-in-order-to-be-effective-according-to-experts/articleshow/81448577.cms">It has taken over 7 years for India to revamp its cybersecurity policy — experts say there's room for carrots and sticks but not surveillance</a> <a href="https://www.businessinsider.in/tech/enterprise/news/gartner-forecasts-ai-will-replace-investor-gut-feel-in-stock-market/articleshow/81442285.cms">Gartner predicts 75% of VCs will be using AI instead of their ‘gut feel’ to make decisions by 2025 — a path that companies are already discovering</a>

This Pune-based startup has tripled its valuation in less than two years

<ul><li>SaaS platform <keyword id="1836134" type="COMPANY" weightage="20" keywordseo="Icertis">Icertis</keyword> has raised $115 million, and is the latest entrant into the <keyword id="152045" type="ORGANIZATION" weightage="20" keywordseo="Unicorn">unicorn</keyword> club. </li><li>The startup has raised the funding from <keyword id="6419840" type="UNKNOWN" weightage="20" keywordseo="Azim-Premji">Azim Premji</keyword>’s <keyword id="648852" type="COMPANY" weightage="20" keywordseo="Premji-Invest">Premji Invest</keyword> and US-based VC firm Greycroft.</li><li>Earlier in June, another SaaS platform <keyword id="741520" type="COMPANY" weightage="20" keywordseo="Druva">Druva</keyword> had raised funds to be a unicorn.</li></ul>India and US-based Software-as-a-Service (SaaS) platform Icertis is the latest startup to join the unicorn club following a <a href="https://tech.economictimes.indiatimes.com/news/startups/icertis-becomes-indias-third-saas-unicorn-with-115m-funding/70256989">funding </a>from Azim Premji’s Premji Invest and US-based VC firm Greycroft. The startup has raised $115 million in its latest fundraising. With its total funding standing at $211 million, the company, which offers contract management, has raced past the $1 billion mark in value, to enter the unicorn club. The startup has 5.7 million contracts so far across 90 countries. Its clients include Adobe, Airtel, Cognizant, Infosys, Microsoft and others. According to <a href="https://tech.economictimes.indiatimes.com/news/startups/icertis-becomes-indias-third-saas-unicorn-with-115m-funding/70256989">reports</a>, with the new funds, the company will invest in building new technologies like blockchain, artificial intelligence and machine learning. It also plans to expand its global presence. In June 2019, another Indo-US-based SaaS startup Druva had entered the unicorn club after raising $130 million in a round led by Viking Global Investors and Nexus Venture Partners. Meanwhile, Premji Invest, which is the family office of Azim Premji, has been investing since 2006 and has placed its bets across 40 countries. See Also: <a href="https://www.businessinsider.in/wipro-azim-premji-in-his-last-agm-spoke-about-technologies-that-the-company-would-focus-on/articleshow/70254296.cms">Azim Premji announces four technologies that Wipro will focus on as he bid adieu</a>

Azim Premji leads an investment in Indo-US startup Icertis, turns it into a unicorn

<ul><li>India’s first gaming unicorn Dream11 is looking to hire 250 people over the year, while Icertis has 180 positions it's looking to fill. </li><li><keyword id="6354720" type="UNKNOWN" weightage="20" keywordseo="ola">Ola</keyword> has built a virtual internship program to onboard its campus recruitments, while Walmart Labs has promised to hire 2800 people in India. </li><li>The <keyword id="6357342" type="UNKNOWN" weightage="20" keywordseo="Hiring">hiring</keyword> comes in even when major companies and startups are laying off employees.</li></ul>With the coronavirus pandemic, markets across the world have crashed and even the likes of <a href="https://www.businessinsider.in/stock-market/news/when-warren-buffett-feels-fear-global-markets-quake/articleshow/75538855.cms">Warren Buffet </a>are holding on to fear. In India, companies across sectors have been cutting corners and much reluctantly announcing job cuts, pay cuts for hundreds of thousands of employees. But all hope is not gone. Many in India have announced their plans to hire and the tech community is the latest to join in to say they have big plans for the year despite the challenges from the coronavirus pandemic. <div type="Article" hostid="261" msid="75525940" title="Goldman Sachs, Deloitte, EY and other top audit firms hiring this week" mstype="2" mssubtype="0"></div> India’s first gaming unicorn Dream11 is looking to hire 250 people over the year. The parent company Dream Sports has already hired 80 since January 2020 and is employing across brands like Dream11 (over 180 positions), FanCode and DreamX. The majority of the hiring is for technology, design and product teams. Another unicorn Icertis – the contract management startup is looking to hire 180 people over the year. Monish Darda, co-founder &amp; CTO of Icertis, believes that this is the time when companies can sit up and turn things around. “Even if you look in the past, even though the crisis has not been something like Covid19, companies that have been fundamentally strong and have entered the crisis with a lot of dry powder, have done extremely well while coming out of it. We have been fortunate because we raised funds also last year,” Darda told Business Insider. He added that once you have moved past the first few stages of the crisis, you think of how you can be more fundamentally strong in terms of business processes. “For us this is an opportunity to grow and identify which areas of the business are not affected and grow in that direction, so we have positions open across the board,” he said. Virtual internships begin For thousands of graduates of colleges, this was the time to join their campus placement or an internship. While many companies had cancelled offers, some companies are <a href="https://www.businessinsider.in/careers/news/goldman-sachs-reliance-samsung-and-others-onboarding-interns-virtually-during-the-lockdown/articleshow/75526863.cms">now onboarding virtual interns. </a> Walmart Labs, the innovation wing of Walmart, which has announced that it will hire 2800 employees in India has also been actively hiring interns virtually. Indian ride hailing unicorn Ola too has been bringing on board its campus internship recruitments. Ola bets heavy on its internship programs. In fact, one of its most popular features – Ola Auto was actually suggested by an intern. <div type="image" title="Rohit&amp;#39;s session_Intern induction" msid="75551773" hostid="261" caption="&amp;lt;p&amp;gt;Ola&amp;#39;s virtual intern induction session&amp;lt;/p&amp;gt;"></div> “We have virtually onboarded 38 candidates from prestigious MBA schools like IIM Ahmedabad, IIM Bangalore, FMS, XLRI among others as part of our internship program working across verticals like mobility, electric mobility, financial services and international business,” Rohit Munjal. CHRO, Ola told Business Insider. See Also: <a href="https://www.businessinsider.in/business/corporates/news/both-silver-lake-and-mukesh-ambani-hope-that-reliance-jio-will-replicate-alibabas-magic-and-this-time-zuckerberg-will-get-a-chunk/articleshow/75548041.cms">Both Silver Lake and Mukesh Ambani hope that Reliance Jio will replicate Alibaba's magic⁠ — and this time Zuckerberg will get a chunk</a> <a href="https://www.businessinsider.in/business/startups/news/covid-19-threatens-to-kill-co-working-but-the-owners-believe-it-will-only-get-cheaper-and-better/articleshow/75546871.cms">Covid-19 threatens to kill co-working ⁠— but the owners believe it will only get cheaper and better</a>

Hiring now! Walmart, Dream11, Ola and Icertis – and they need both full-time staff as well as interns

<ul><li>Riding on the tech and digital wave, startups in India are hiring for technical roles. </li><li>Check out the new jobs listed at Jio, Unacademy, Icertis, Freshworks, and more. </li><li>Check out all the news and headlines at <a href="https://www.businessinsider.in/">Business Insider.</a></li></ul>As the Indian startup ecosystem recovers rapidly from the COVID-19 pandemic, hirings are in full swing. With a focus on digital transformation and growing technological progress, startups in India are hiring for technical roles. According to Naukri.com’s hiring activity report from November, the top searched keywords on the Naukri platform are Java Developer, Manual Testing and Business Analyst. Meanwhile, the top cities in recruitment mode are Bengaluru (22%), Delhi (13%), Hyderabad (9%), Pune (9%) and Chennai (7%). Here’s a look at some of the interesting jobs listed in the startup sector Unacademy is hiring in full swing, from Senior Product Manager to Analyst for Consumer Insights Indian edtech unicorn Unacademy has multiple job listings open on LinkedIn. The startup, which is riding on the edtech wave in India, is looking to fill multiple roles like Senior Product Manager, Senior Executive - Consumer Insights, Lead - Product Security, Manager Taxation, among others. You can find the job listings and requirements <a href="https://www.linkedin.com/company/unacademy/jobs/">here</a>. Jio’s tech hiring is on Reliance Jio is hiring for multiple technology-driven roles. The digital platform is hiring across its Mumbai and Hyderabad offices for roles like Senior Data Scientist, Big Data Developer, Cloud Solution Architect, Senior Compliance Officer, among others. You can take a look at the listings and requirements <a href="https://www.linkedin.com/company/jio/jobs/">here</a> GPT-3 developers needed Top venture capitalist firm Lightspeed Partners’ India’s partner Hemant Mohapatra posted a rather interesting job requirement on Thursday morning. The VC posted a requirement for GPT-3 developers on Twitter. <div type="twitter" handle="MohapatraHemant" handlename="Hemant Mohapatra" image="http://pbs.twimg.com/profile_images/1259870866365693953/SenCprAA_normal.jpg" favoritecount="15" retweetcount="7" status="Looking for GPT-3 devs for technical lead roles - please DM if you are one / know someone. Remote OK! 🙏" createdat="1608175702000" id="1339412090717519873"></div> GPT-3 is Generative Pre-trained Transformer 3, the latest tech trend which has taken over the world. GPT-3 is an autoregressive language model that produces human-like text by using deep learning. Freshworks has multiple tech and non-tech openings Indian SaaS giant Freshworks has multiple openings listed across its US and India offices. The startup is looking for Product Managers, Engagement Managers, Community Marketing Specialists, Business Analysts and more. The startup is also looking to hire interns. You can check out all the openings <a href="https://www.linkedin.com/company/freshworks-inc/jobs/">here.</a> Icertis is looking to hire for tech and sales Another Indian <a href="https://www.businessinsider.in/careers/news/icertis-helps-google-microsoft-and-apple-manage-their-contracts-is-hiring-for-techies-and-people-in-sales/articleshow/79640659.cms">SaaS unicorn Icertis </a>is hiring for multiple roles. The startup has openings for roles like Chief Alliance Officer, Director - Customer Advocacy, Senior Director - Product Manager, UX Architect and more. The startup is looking to hire for its India and US offices. You can check out the job listings <a href="https://www.linkedin.com/company/icertis/jobs/">here</a>. SEE ALSO: <a href="https://www.businessinsider.in/business/news/india-has-a-hot-new-debate-on-its-plate-should-the-likes-of-burger-king-kfc-and-mcdonalds-menus-mention-calories/articleshow/79771040.cms">India has a hot new debate on its plate: Should the likes of Burger King, KFC and McDonald’s menus mention calories?</a>

From Unacademy to Jio and Freshworks – check out the hot new tech job openings in India

Real estate arm of the <keyword id="6400918" type="General" weightage="50" keywordseo="piramal-group" source="Orion">Piramal Group</keyword>, <keyword id="620925" type="General" weightage="80" keywordseo="piramal-realty" source="Orion">Piramal Realty</keyword>, and Jio-bp announced their partnership to provide world-class EV charging solutions across all <keyword id="100407" type="General" weightage="100" keywordseo="piramal" source="Orion">Piramal</keyword>'s residential projects in the Mumbai Metropolitan Region, a joint press release stated on Thursday. Jio-bp is a fuel and mobility joint venture between RIL and bp. As part of this partnership, customers and visitors to Piramal's residential projects will be able to charge their electric vehicles seamlessly at Jio-bp pulse EV charging stations at sites with the Jio-bp pulse mobile app. The first set of EV charging points at <keyword id="3415882" type="General" weightage="50" keywordseo="piramal-vaikunth" source="Orion">Piramal Vaikunth</keyword> in Thane were installed. Piramal Group said sustainability is a key pillar of Piramal Realty's business strategy and is integrated at all levels of its operations. The availability of EV charging infrastructure within its residential complexes ensures convenient charging of electric vehicles and boosts the confidence of potential electric vehicle buyers. Jio-bp constructed and launched many charging hubs along with hundreds of public charge points in various cities and major highways in India. Besides fixed charging, Jio-bp also offers <keyword id="5930710" type="General" weightage="80" keywordseo="battery-swapping" source="Orion">Battery Swapping</keyword> services through its large network of Battery Swapping Stations. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/heres-how-meesho-zepto-pepperfry-and-icertis-cracked-hyperscaling/slidelist/98943189.cms">Here’s how Meesho, Zepto, Pepperfry and Icertis cracked ‘hyperscaling’</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/global-it-services-firm-accenture-slashes-19000-jobs-tech-mayhem-deepens/articleshow/98944217.cms">Global IT services firm Accenture slashes 19,000 jobs, tech mayhem deepens</a>

Piramal Realty inks deal with Jio-bp to install EV charging stations at its properties

<ul><li>For entrepreneurs yearning to learn more <keyword id="137810" type="COMPANY" weightage="20" keywordseo="tie">TiE</keyword> Global 4.0 brings stories of several successful startups including Dhruva, Icertis, <keyword id="4394544" type="PERSON" weightage="20" keywordseo="Dream-11">Dream 11</keyword>, Snapdeal, Nykaa and many more to help new startups. </li><li>TiE Delhi NCR is back with the TiE Global Summit with the theme ‘Indian Startups, Global Footprints’. </li><li>Here are five key reasons why you should be going to TiE Global Summit 4.0 </li></ul>Indian startups are on the rise and today, there’s more opportunity available for them than ever before. However, despite the growing startup ecosystem, many businesses can’t sustain themselves as they face multiple challenges like funding, regulations as they expand etc. So, for entrepreneurs yearning to learn more TiE Global 4.0 brings stories of several successful startups including Dhruva, Icertis, Dream 11, Snapdeal, Nykaa and many more to help new startups. Here are five key reasons why you should be going to TiE Global Summit 4.0 1. Witness thought leaders and ace founders share their success mantras, trends and inspiring stories What could be better for a startup than being in the presence of industry leaders willing to raise the next batch of success stories? If you are an aspiring entrepreneur with a disruptive idea accompanied by iron-clad determination, then TGS4 is the perfect place for you. From expert views on the little things that matter to the overview of key industry trends, the conversations will be brimming with insightful anecdotes, expert views, strategic advice, and much more! Be a part of the event and witness some great stalwarts of the industry on the stage - <keyword id="6358887" type="PERSON" weightage="20" keywordseo="amitabh-kant">Amitabh Kant</keyword>, CEO, <keyword id="2665691" type="COMPANY" weightage="20" keywordseo="Niti-Aayog">NITI Aayog</keyword>, GOI; <keyword id="981" type="PERSON" weightage="20" keywordseo="Dia-Mirza">Dia Mirza</keyword> (Actress); Abhijit Bose, Head, Whatsapp India; Benny Chen, MD, BAce Capital; Harsh Jain, Co-Founder &amp; CEO, Dream11; <keyword id="219793" type="PERSON" weightage="20" keywordseo="Kunal-Bahl">Kunal Bahl</keyword>, Co-Founder &amp; CEO, Snapdeal; amongst others. 2. High-calibre networking as well as business opportunities up for grabs The elite of the start-up ecosystem will converge for TGS4. Naturally, every moment there will be bursting with the opportunity to network, learn, and grow. In addition to mentorship and guidance, you will also get to connect with your potential investors, future business partners, or both! The event is a perfect mix of exposure to latest trends and networking with who’s who of the industry for everyone. 3. Chance to meet and greet TiE charter members over tea or coffee What if we told you that you can initiate meaningful interactions with successful entrepreneurs, engage in in-depth conversations with like-minded individuals, and attract new business opportunities all at the same place and at the same time? Well, we definitely are. Head to this exquisite start-up festival to have deep fireside discussions with various stakeholders of the global entrepreneurship. 4. Seamless onsite experiences for exhibitors, attendees, and delegates The event will present a win-win proposition for everyone – be it entrepreneurs, investors, or simply an enthusiastic spectator. The different zones at the event will cater to the equally diversified minds in the gathering. From start-up pitches and innovative ideas on display to conversations between industry veterans – the event will have something for everyone. 5. Experience the right mix of music, networking, and fun at the Gala Dinner because being at #TGS4 is always rewarding and fun! What’s a festival without revelry? Hop on the festive bandwagon as the pleasant evening will be made even more pleasurable with wine, dine, and music. There’s another reason which makes this edition of TGS stand out from not just its past editions but also the other start-up festivals in the world. This year, the organizers have gone a step further to display their commitment towards creating a sustainability-led start-up ecosystem. By rejecting the use of plastic and non-biodegradable decorative materials, TGS4 aims to leave a big impression and less carbon footprint by going the green way. (Disclaimer: Business Insider India is a digital media partner for the event)

Five reasons why entrepreneurs shouldn’t miss this year’s TiE Global Summit

Global <keyword id="6354185" type="General" weightage="20" keywordseo="IT" source="Orion">IT</keyword> services firm <keyword id="6370971" type="General" weightage="100" keywordseo="accenture" source="Orion">Accenture</keyword>, which has a large presence in <keyword id="3658" type="General" weightage="20" keywordseo="india" source="Orion">India</keyword>, on Thursday announced to lay off of nearly 19,000 employees amid the challenging global macro-economic conditions and slow revenue growth. Delivering its quarterly results for the second quarter of fiscal 2023, the company also reduced its annual revenue growth and profit forecasts. "We are also taking steps to lower our costs in fiscal year 2024 and beyond while continuing to invest in our business and our people to capture the significant growth opportunities ahead," Julie Sweet, <keyword id="6415823" type="General" weightage="50" keywordseo="chair" source="Orion">Chair</keyword> and CEO, Accenture, said in a statement. The company said its revenues were $15.8 billion, an increase of 5 per cent in US dollars. The new bookings were at $22.1 billion, a 13 per cent increase. During the second quarter of fiscal 2023, Accenture initiated actions to streamline operations, transform non-billable corporate functions and consolidate office space to reduce costs. The company recorded $244 million in business optimization costs during the second quarter and expects to record total costs of approximately $1.5 billion through fiscal 2024. "Accenture estimates $1.2 billion for severance and $300 million for consolidation of office space, with approximately $800 million expected in fiscal 2023 and $700 million in fiscal 2024," said the company. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/now-sync-your-air-travel-with-uber-via-email-integration-in-india/articleshow/98942821.cms">Now sync your air travel with Uber via email integration in India</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/heres-how-meesho-zepto-pepperfry-and-icertis-cracked-hyperscaling/slidelist/98943189.cms">Here’s how Meesho, Zepto, Pepperfry and Icertis cracked ‘hyperscaling’</a>

Global IT services firm Accenture slashes 19,000 jobs, tech mayhem deepens

<ul><li><keyword id="3156357" type="PERSON" weightage="20" keywordseo="Rivigo">Rivigo</keyword> is the latest startup to attain the $1 billion valuation.</li><li>This year, India has already seen 8 <keyword id="6362513" type="UNKNOWN" weightage="20" keywordseo="startups">startups</keyword> joining the unicorn club. </li><li>With 3 months left for 2019, this year could break 2018’s record of 8 unicorns.</li></ul>India’s unicorn club seems to be having a good year as eight startups joined the coveted club In 2018, eight startups turned unicorns basically reached $1 billion in valuation. Here’s a look at all the startups that have crossed the valuation mark so far in 2019. Rivigo The latest startup to join the unicorn club is logistics startup Rivigo. The logistics sector had long been in the limelight after Delhivery turned unicorn. After this, both Rivigo and Blackbuck raised funds, heating up the race to being a unicorn. Now, Rivigo has managed to be a unicorn after it raised $4.9 million from South Korea's KB Platform Fund. After the deal closed, it is valued at $1.05 billion. Delhivery In March this year, Delhivery became 2019’s first unicorn. This was after the logistics tech startup raised $395 million from SoftBank. After its funding in March, it’s valued at $1.6 billion. The logistics solutions company was founded by Sahil Barua, Mohit Tandon, Suraj Saharan, Kapil Bharti and Bhavesh Manglani. They created a stronghold in the market by partnering with e-commerce majors like Flipkart and Paytm amongst others. Big Basket The grocery retail startup became a unicorn in March 2019. Bigbasket closed its Series F round of funding with an investment of $150 million, which valued it at $2.3 billion. The funding was led by Bigbasket’s earlier investor Alibaba, along with a new investor – Mirae Asset. The grocery sector which is now buzzing with new entrants like Swiggy. Grofers too turned its finances around, and has recently turned a soonicorn after the latest round of funding in May 2019. Ola Electric Ola’s subsidiary Ola Electric also turned a unicorn like its parent company. Its growth has also been fast as most of Ola’s existing investors placed their bets on the company. In July, it became a unicorn after raising $250 million from Softbank. In May, Ola Electric also raised funds from former Vodafone Group CEO Arun Sarin. Some of its other illustrious investors include Chairman Emeritus of Tata Group, Ratan Tata. In March, it had raised ₹4 billion from Ola’s existing and early investors – Tiger Global and Matrix India. Dream 11 India’s first gaming unicorn is Dream11, a fantasy gaming startup. It announced a secondary investment from Steadview Capital, an Asia-focused alternative asset manager in April 2011 which gave brought it its unicorn status. The 11-year old startup had a dream run in 2019, after signing up with IPL and the BCCI as its official partners. The cricket world cup along with IPL helped it clock in stellar numbers. In an interview with Business Insider, one of its founders Bhavin Sheth said that the startup hopes to hit 100 million users by the end of the year. Icertis In July 2019, India and US-based Software-as-a-Service (SaaS) platform Icertis became a unicorn. It raised $115 million in funding from Azim Premji’s Premji Invest and US-based VC firm Greycroft. The company, which offers contract management, has 5.7 million contracts across 90 countries. Some of its are Adobe, Airtel, Cognizant, Infosys, and Microsoft. Druva The Indo-US startup Druva entered the unicorn club in June 2019. The cloud data protection startup raised $130 million in a round that was led by Viking Global Investors. It also saw participation from funds like Neuberger Berman and Atreides Management. Existing investors Riverwood Capital, Tenaya Capital, and Nexus Venture Partners too participated in the round. Druva is a SaaS (Software as a Service) startup which was founded by Jaspreet Singh and Milind Borate in 2008. Its patented cloud architecture enables cyber governance, improves cyber resiliency, and helps customers gain critical insights. Citius Tech The healthtech company was a lesser known startup which gained unicorn status. The company provides healthcare solutions, using technologies like business intelligence, mobility and IoT, Big Data, cloud computing, predictive analytics and data science. The company was acquired by Baring Private Equity Asia in July 2019, which gave it a valuation of $1 billion.

With Rivigo joining the club, these are the 8 unicorns of 2019 so far

Front; Databricks; Transposit; Icertis; Shayanne Gal/Business Insider<ul class="summary-list"><li>Business Insider analyzed recent startup coverage and data from venture capital database PitchBook to compile a list of enterprise startups we believe are headed for success.</li><li>We've defined an enterprise startup as a private, independent company serving the $4 trillion a year business-to-business technology market.</li><li>We collected a broad combination of attributes to support why we think the startup is promising, including valuations, funding, founding teams, and the product or service it offers.</li><li><a href="https://www.businessinsider.com/prime">Click here to read more stories from BI Prime</a></li></ul>As 2019 rolls to a close and 2020 is upon us, it's the time of year for reflections and resolutions.If your musings are making you consider a career change by taking a job at an enterprise startup, with the promises of riches that its stock could one day bring, we have your back.At Business Insider, we cover a lot of startups all year long, talking to everyone from founders to employees to investors to market researchers. Every year, we review through our coverage of startups that made waves during the year and analyze data from other sources such as PitchBook, the deal-tracking database. From this, we choose our slate of startups that we believe are headed for success.The following list is specific to enterprise startups - the companies <a href="https://www.gartner.com/en/newsroom/press-releases/2019-10-23-gartner-says-global-it-spending-to-grow-3point7-percent-in-2020">serving the $4 trillion a year</a> business-to-business (b2b) technology market. We've defined a startup as any independent company that hasn't yet gone public.We look at a broad combination of attributes including the experience of the founding teams; its angel investors and VCs; valuations, recent and total funding (as reported by PitchBook) and, of course, the product or service the startup is offering. Additional reporting by Benjamin Pimentel and Bani Sapra.

You Searched For "icertis" and got 11 results

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