Zinier gets Rs 638 crore for R&D and global expansion

Introduction

Field service automation startup Zinier has raised $90 million (about Rs 638 crore) in Series-C funding from investors led by ICONIQ Capital. The round also saw the participation of Tiger Global Management, along with existing investors Accel, Founders Fund and Qualcomm Ventures, among others.

The company said it will use the funds to expand its global footprint to Australia, Brazil, Chile, France and the Iberian Peninsula. It said it will also invest in research and development for its artificial intelligence-driven platform ISAC to add further capabilities and reach out to more industries that rely on field service agents.

Source

The Economic Times , 17 January 2020