Payment company Cashfree raises Rs 260 crore, Druva will increase the workforce in India

Bangalore-based financial technology company Cash free has raised $3.53 million (about Rs 260 crore) under the Series B round. Cashfree said in a statement on Tuesday that this round of financing was led by Apis Growth Fund-2. Existing investor Y Combinator also participated in it.

Druva to increase the workforce in India by 15 to 20 percent

Cloud data protection and management solutions company Druva is planning to recruit 100 more employees at its Pune center. The company is preparing to hire more staff to meet the growing demand for cloud data protection technology in the coming years. The company has 700 employees globally. The company now has 500 employees in its Pune center.

Milinda Borate, co-founder and Chief Development Officer (CDO) of Druva said that Public Cloud has become a key technology today due to its accessibility and cost savings of ownership. He said that we are helping our venture customers to meet today’s challenges. Whether this challenge is working from home or the attack of ransomware. The company has said that it will increase the workforce at its Pune center by 15 to 20 percent over the next few months.