Chennai-based subscription management platform Chargebee has become the latest unicorn in the Indian startup ecosystem, with its Series G Round. The company is now valued at $1.4 billion, which triples its valuation in less than 6 months after its previous fundraise.
Chargebee has raised its Series G funding from Sapphire Ventures, Tiger Global, Insight Venture Partners and Steadview Capital. The SaaS platform helps automate revenue operations of subscription-based businesses and caters to more than 3,000 customers currently. Demand for moving into a recurring revenue stream is expected to grow at a 17.5