Whatfix secures nearly $100 million funding from Sweet Nectar Investments (Warburg Pincus) and SoftBank.

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Issued 13,201 Series E CCPS at Rs 2,24,788.44 per share to raise Rs 296.74 crore in primary capital.

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Additional secondary funding of nearly Rs 530 crore reveals a total transaction value.

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Funding to fuel business expansion and growth plans for Whatfix.

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Valued at around Rs 6,871 crore or $820-830 million post-money.

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SoftBank and Warburg Pincus lead funding round, increasing their stakes.

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Whatfix provides in-app guidance and performance support for web applications.

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Recorded 65.7% revenue growth to Rs 285 crore in FY23, with losses also increasing.

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Entire revenue generated from global markets, primarily the US and Europe.

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Founders Khadim Batti and Vara Kumar lead the successful SaaS-based digital adoption solution provider.

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