An India-based startup helping businesses better manage their suppliers has raised new funding from investors.
Reports on Wednesday (July 13) revealed SirionLabs secured $12.25 million in a Series B round led by Sequoia India, along with QualGro ASEAN Fund and Canopy Ventures.
SirionLabs provides multinational companies with a way to manage and analyze supplier contracts and provide auditing and other solutions with the information. According to reports, BP, Western Union and Vodafone are all clients of SirionLabs.