Capillary Technologies, a software-as-a-service (SaaS) provider for retail chains, has raised $20 million (Rs. 128 crore) from two existing investors – Warburg Pincus and Sequoia Capital..Shardul Amarchand Mangaldas advised Capillary Technologies and the team was led by Partner Siddharth Nair..AZB & Partners acted for Warburg Pincus and the team was led by Partners Srinath Dasari and Nanditha Gopal along with Senior Associate Bhuvana Veeraragavan..Capillary Technologies will use the fresh round of funding to strengthen product development capabilities, especially around artificial intelligence (AI) and machine learning, reported Mint.
Capillary Technologies, a software-as-a-service (SaaS) provider for retail chains, has raised $20 million (Rs. 128 crore) from two existing investors – Warburg Pincus and Sequoia Capital..Shardul Amarchand Mangaldas advised Capillary Technologies and the team was led by Partner Siddharth Nair..AZB & Partners acted for Warburg Pincus and the team was led by Partners Srinath Dasari and Nanditha Gopal along with Senior Associate Bhuvana Veeraragavan..Capillary Technologies will use the fresh round of funding to strengthen product development capabilities, especially around artificial intelligence (AI) and machine learning, reported Mint.