back Back

Yethi Consulting raises Series A equity funding

By Leandra Monteiro

October 06, 2022

  • Baring Private Equity India
  • Capital
  • DC Capital
Share

Yethi Yethi, a Bengaluru-India-based firm has raised Series A capital as equity funding from Baring Private Equity India.

Yethi is a specialized provider of automated IT testing solutions for enterprises. It has over 100 clients across India, Europe, Middle East and Africa. ‘Tenjin Enterprise’, the flagship product of the Company, has been implemented with leading banks across the globe with great success. ‘Tenjin Online’ is Yethi’s B2B SaaS offering for codeless test automation targeted at the digital transformation within enterprises.

Rahul Bhasin, Managing Partner at Baring PE India said, “Yethi has created the most comprehensive futuristic automated testing platform. Financial institutions have to evolve quickly in the era of digitization and need to dynamically secure their technology platforms with concurrent testing. Yethi is an ideal next generation partner for the same. We are privileged that they have chosen to partner with us for this exciting growth journey.”

Srirang Srikantha, CEO and co-founder of Yethi said, “The team at Barings brings decades of experience, not just as investors, but having actively managed and grown firms.  We were instantly attracted by their immediate grasp of the value proposition as well as their deep experience.  Tenjin has been widely accepted within India and the capital infusion will help us accelerate our growth in international markets”.

Baring Private Equity India, a member of Baring Private Equity International, is one of the earliest PE funds in India with 22 years of investment experience across sectors & economic cycles. Funds advised by Baring India have a track record of having invested in over 75 companies across 5 funds and a reputation for building outstanding businesses in India over the last two decades. DC Capital was the exclusive advisor to the transaction. DC Capital is an India-based boutique investment banking and advisory firm that serves clients globally.

Previous Article

October 06, 2022

ZenLedger partners with BitPay to accept cryptocurrency payments

Read More
Next Article

October 06, 2022

Q2 acquires Sensibill to enhance data insights for financial institutions

Read More










IBSi Daily News Analysis

Gen Z, Banks

December 05, 2022

Baring Private Equity India

Banks must keep up with Gen Z’s high expectations, thanks to Neobanks

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Finaro, Ginger Payments partner to expand PSP services in the Nordics

Read More

Today

ACI Worldwide and Vendo Services partner to enable Crypto Payments

Read More

Today

Thales and Handsome offer Voice Payment Card for the visually impaired

Read More

Related Reports

Sales League Table Report 2022

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q3 2022

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q3 2022

£1,500.00 / year

Know More
Global Transaction Banking Vendors and Landscape Report Q3 2022

£1,500.00 / year

Know More
Treasury & Capital Markets Systems Report Q3 2022

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2022