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Icertis: India's latest tech unicorn gets Ajim Premji's support

Nabanita Dutta

News Editor

Icertis, a company that competes with SAP SE and Oracle Corp. to help businesses manage contracts in the cloud, has rained a whopping $115 million. Due to that, it has received the 'Unicorn' status. India-based Icertis is co-led by Grycroft Partners LLC and PremjiInvest, the fund managed by the family office of Azim Premji. Icertis was founded in 2009, and it works on a subscription model and operates a dozen global offices.