o9 Solutions raises $100 million from KKR

Integrated business planning solutions provider o9 Solutions has raised $100 million from global investment firm KKR, at a valuation of more than $1 billion.The US-headquartered firm has a significant presence in India and provides a planning and operations platform for enterprise customers such as Walmart, Starbucks and Nestle.In India, o9 works with Asian Paints, some Tata group companies and Aditya Birla Group.

Chakri Gottemukkala, CEO of o9 Solutions said “The funding from KKR will help us accelerate growth across global markets including India. We have 300 people here and will be hiring more people in the next few months”.

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