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HighRadius raises Rs 321 cr from American private equity firm SGE

About 80-90% of its revenues come from America, while the rest is owed to its small customer base in Europe

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BS Reporter Hyderabad
HighRadius, a Hyderabad-based fintech firm that provides cloud-based integrated receivables software, has raised around Rs 321 cr in growth funding from US-based private equity firm Susqhehanna Growth Equity.

Led by its founder and CEO Sashi Narahari, HighRadius works with a number of global players including Adidas, Starbucks, P&G, Reckitt Benckiser, Johnson and Johnson, Warner Brothers, Danone, Sysco and Zurich using the subscription-based revenue model.

The company currently employs over 500 people across India (Hyderabad), US and Europe and has more than 300 customers. About 80-90 per cent of its revenues come from America, while the rest is owed to its small