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Billionaire Azim Premji helps create India’s newest tech unicorn

Billionaire Azim Premji has helped create India’s latest tech unicorn: a fast-rising software startup that symbolizes the growing investor interest in the Asian nation’s enterprise technology space.
Icertis, which competes with SAP SE and Oracle Corp. to help businesses manage contracts in the cloud, has raised $115 million, propelling it to unicorn status as investors flock to enterprise software makers.
The advanced-stage funding round in Bellevue, Washington and Pune, India-based Icertis was co-led by Greycroft Partners LLC and PremjiInvest, the fund managed by the family office of Indian tech billionaire Premji. Existing investors including B Capital Group and Cross Creek Advisors participated. With this, Icertis has raised over $211 million.
The enterprise software segment is heating up as investors from Tiger Global Management to Sequoia and Accel scour the industry for India’s next startup giants. Many are expected to be business- rather than consumer-focused, as the country’s talent pool shifts from IT outsourcing services for global clients toward designing and providing online software.
Icertis said it now helps customers worldwide manage over 5.7 million contracts, from supply chain and procurement deals to employee agreements and nondisclosure pacts, that have a total value of more than $1 trillion.
“As contracts get converted from static documents to digital assets for the first time in history, every dollar in or out is governed by a contract, putting them at the heart of every enterprise,” said Samir Bodas, Icertis’s co-founder and chief executive officer. “Every global company faces unprecedented global competition and needs software to manage contracts.”
Icertis is currently valued at “well north of one billion dollars,” Bodas added. The company will use the additional funding to grow its business, including by expanding sales and marketing. Global compliance demands involving Brexit, tariffs, European data privacy regulations as well as rapid digitization has worked in Icertis’s favor, while technologies like artificial intelligence helped enhance the sophistry of its services.
“We have been able to ride the technology wave and assert leadership in the space despite large competitors,” Bodas said, citing consultancies Forrester Research and Gartner.
Icertis works on a subscription model, charging customers based on the number of contracts drawn up and tracked using its software. MGI Research forecasts the total spending by companies for such contract management at over $20 billion from 2018 to 2022, with services on the cloud growing around 37% annually over the same period.
Founded in 2009 when Bodas and friend Monish Darda began exploring cloud-based applications, Icertis in 2015 homed in on building a contract management platform. Today, more than 600 of its 850 employees are based in Pune, where the product is developed. The startup operates a dozen offices from Sofia to Sydney.
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Here is All You Need to Know About The Author of Rocky And Arjun : Author Vijay Sharma

Vijay Sharma AKA VijayKrishna is a writer and author of the book “Rocky and Arjun – Eventual Days with my Mountain Dog”.
Birthplace and Family Background: I was born in the small town of Batala, in the district Gurdaspur of the state of Punjab in India. I grew up with two brothers and a sister in a middle-class family in Delhi and completed my education in Delhi. I am currently living in Delhi and Mumbai.
Profession: I am working as a business professional with a Medical Device company. I love traveling and for my work I traveled to many cities across the globe.
My Ambition: To be a successful person to help or support as many people as I can in my life.
What made me write this book Rocky and Arjun: I was writing short stories and blogs on different online platforms under my pen name – VijayKrishna and during the COVID-19 lockdown, I thought of converting one of my short stories into a book/novel. I really wanted to tell this story to the world as I love dogs very much. I wrote three different versions of the story and the published version of my book Rocky and Arjun is one of the versions which I rewrote after a lot of discussions with my family and friends who were my initial audience.
My Future Plans as a writer: After my first book Rocky and Arjun is published, I got the confidence to write more fictional stories, especially Children’s Fiction Stories compiled in the form of a book. My second book will be for children, adults, and geriatric readers who love to read compilations of simple yet interesting short stories. My third book will be a novel dedicated to “Mothers”.
My Message to the new generation: I grew up reading books written by Guru Rabindranath Tagore, Gulzar, Ruskin Bond, Leo Tolstoy, and Anton Chekhov. My message to the new generation is to read books written by these eminent writers who are my inspiration. Also, read good books written by young writers of the current generation. Keep reading to enrich your knowledge.
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A Surgeon by Day & a Poet by Night, Here is All You Need to Know About Dr. Shadab Ahmed

Our team had been in touch with Dr. Shadab Ahmed for some time. We had always seen him smiling and in a positive mode. His books are well admired and he has a great persona, for which we decided to cover his story. Today we present you with a true gem of a person, Dr. Shadab Ahmed.
Dr. Shadab Ahmed hails from Bihar, India. He has spent good segments of his life in North-East India, New Delhi, Gujarat, and Tamil Nadu. True-Blood Bihari by thinking and living, his mantra is “Carpe Diem”, or to seize the day.
Dr. Shadab Ahmed was born and brought up in the resilient and magical North-East India, growing up between guns and roses. He moved pan-India at various ages, finishing his schooling in Manipur and Delhi. His voracious appetite for knowledge and wisdom led him into books, refining his perception and understanding of the good, bad, and wicked in life. He is a scholar of literature and poetry, and his interests are diverse in Norse, Hebrew, European, Mughal, Russian, Iberian, Latin-Modernism, Metaphysical, Alhambra, Mandarin, Turkish, Persian, Indian, Baltic, Celtic, and Castilian poetry and literature. He retains an inner child and has a very combustible imagination.
Dr. Shadab Ahmed is an Oral and Maxillofacial Surgeon by profession, and he is also an Associate Professor (Reader) in the Department of Oral and Maxillofacial Surgery at Vinayaka Mission’s Sankarachariyar Dental College, Vinayaka Mission’s Research Foundation (VMRF-DU), Salem, Tamil Nadu. He completed his UG from Buddha Institute of Dental Sciences and Hospital, Bihar, and his PG from Meenakshi Ammal Dental College & Hospital, Tamil Nadu. For pre-destiny, he altered his academic path and took the bold risk of jumping into college management and administration, and has never looked back since. He is distinctive in methodically drafting policies for NABH, NAAC, NIRF, and AISHE and implementing protocols of the Dental Council of India. He focuses on qualitative and quantitative institutional growth. He has previously served as Joint Coordinator and Administration Advisor to dental institutions and has worked as a dental surgeon with the North-East Frontier Railways, Assam. His interest in OMFS goes into Head and Neck Plastic and Reconstructive Surgery, Cleft and Craniofacial Disorders, and Maxillofacial Trauma.
Inspiration to write a book: Dr. Shadab Ahmed has always been fascinated by books and wanted to write since he was a child. But for his chosen and formidable academic path. He never managed to complete his books, which were left on the shelves and acquired dust over time. His inspiration to write books came from his father, who proudly declared one day that he would never be able to write a book. Today, Dr. Ahmed is the author of 3 published non-pedagogical books related to World Poetry, with several others in the press and under progress. He devotes his free time maniacally to reading, understanding, and translating various canonical poetry texts and their interpretations, along with their “Pre-Text” in history and “Con-Text” in contemporary times and ages. His extra-academic interest bridges across Bards, Rhymes, Hymns, Epics, Odes, Elegies, Zajals, Poesies, Ballads, Sonnets, Quatrains, Verses, Couplets, Qasidehs, Muwashshahs, Masnawis, Haikus, Limericks, and Runes. His distinctive interest lies in European Literature and Poetry (covering the Jacobean Era, Elizabethan Era, Edwardian Era, Georgian Era, Stuart and Caroline Eras, Renaissance and Post-Renaissance Eras) and Mandarin Poetry, encompassing the Ming, Yuan, Song, and Tang dynasties.
Dr. Shadab Ahmed has several books in progress and manages to write in what little time he gets after his professional duties. Two more of his books are in press and slated to be released in the coming months this year. He aspires to open a bookstore someday, thereby completing the trinity of visions he envisioned as a child (Doctor-Author-Businessman). He prays he gets the time and chance to see his pre-science conceptualizing in the coming months and years. He believes in taking decisive risks and lives for the day.
Buy His Books
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Zepto, 10-minute grocery delivery app, raises $100 million

Only five months subsequent to dispatching, 10-minute basic food item conveyance application Zepto on Tuesday reported it has raised $100 million driven by Y Combinator, taking its valuation to $570 million.
Other than the raise money, Zepto has been developing staggeringly rapidly and is significantly increasing its client base consistently.
In the course of recent months, Zepto has extended past Mumbai by dispatching in Bengaluru, Delhi, Gurgaon, Chennai, Hyderabad, and Pune (Kolkata to follow), the organization said in an assertion.
“Financial backers are reliably deciding to back Zepto due to our top tier execution. This is giving us extraordinary energy – we’re developing at an amazing rate, clients are adoring the item experience, our center unit financial matters are solid, and we have one of the most outstanding startup groups in India today,” said Aadit Palicha, Co-Founder and CEO.
The Series C raising money round saw support from new and existing financial backers, including Glade Brook, Nexus, Breyer Capital, Lachy Groom, Global Founders Capital, Contrary Capital, and that’s just the beginning.
The round came 45 days later the organization reported its $60 million raise money in November.
Conveying food in a short time is a game-changing encounter for clients in the nation, and a few players are presently joining the race.
“We are eager to twofold down and lead this round in Zepto. They initially dispatched with an alternate model, quickly turned to speedy trade in August 2021, and are presently adding 100,000 new clients consistently, 60% of the ladies,” said Anu Hariharan from Y Combinator.
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