BackBack Zenwork Raises over ₹1,200 crore from Spectrum Equity

Written by: Planify

Published: 23 November 2021

Updated: 29 March 2024

1 min read

Hyderabad-based SaaS company Zenwork today said it has raised over ₹1,200 crore from Spectrum Equity.

The investment will enable Zenwork, operating the brands Tax1099 and Compliancely, to accelerate product innovation and meet growing business demand for modern, automated technology solutions that address regulatory compliance and power electronic filing and information management, a press release from the firm said.

Sanjeev Singh, co-founder and CEO - Zenwork, said, “We are excited to partner and also raise over ₹1,200 crore from Spectrum Equity, whose experience scaling RegTech/FinTech software and data businesses will help us navigate this next growth chapter."

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