posted at 23:50
Author: Monty Munford
Indias Top 10 Tech Startups
The ecommerce company raised $1 billion by the end of July this year, the largest amount of funding ever procured by an Indian company. The company received $500,000 in funding from Mumbai Angels and Blume Ventures in March 2012, a year after its founding. The Mumbai-based company works with thousands of customers in more than 40 countries and in 2012 raised $500,000 from India-focused investment company GTI Capital Group. Founded in 2008 and with more than 150 employees, Druva provides more than 3,000 enterprise companies - as well as big-name clients like NASA, Tesla, KMPG and Xerox - with high security data protection on an easy-to-use platform that minimizes IT costs. To date, the company has received four rounds of funding, totaling $67 million, from investors like Sequoia Capital, Nexus Venture Partners and Tenaya Capital. In 2012, the company received $300,000 in funding from well-known investors like Farmville's Sizhao Zao Yang, AngelList and 500 Startups. The company has raised $2.9 million in three rounds of funding and after originally operating in Bangalore, Zoom now works in the trendy and emerging city of Pune, between Mumbai and the beaches of Goa. The company recently raised $21 million in funding and counts Steadview Capital, SAIF Partners and Kalaari Capital among its backers.

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