 "Zenwork")
Hyderabad-based SaaS company Zenwork, which provides a tax compliance and regulatory reporting platform to businesses, on Tuesday said that it has raised Rs 1,200 crore from Spectrum Equity.
Spectrum’s investment portfolio includes the likes of Grubhub, SurveyMonkey, Kajabi, Lucid Software, and Verafin.
Founded more than 10 years ago by husband-and-wife duo of Sanjeev Singh (CEO) and Rekha Singh, a former IBM techie who is the CTO, the company has been bootstrapped until now.
“We have been profitable from the first year itself. The funding is because we want to enter the next level of growth. We have been building as a bootstrapped company
