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CDPQ, Tiger Global Join $105 Million Round for Software Firm CleverTap

  • Sequoia, IIFL Asset Management join series D financing
  • Firm aids 1,200 companies with customer communications
CDPQ Chief Executive Officer Charles Emond News Briefing
Photographer: Christinne Muschi/Bloomberg

CleverTap, a software platform that helps e-commerce and consumer firms communicate with their customers, raised $105 million in a round led by the Caisse de Depot et Placement du Quebec and including Tiger Global

CDPQ, Canada’s second-largest pension fund, is the biggest investor in the series D round at $75 million. India’s IIFL Asset Management and Sequoia Capital’s India unit are also investing in CleverTap, whose corporate name is WizRocket Inc.