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Chargebee acquires customer tracking platform Trainn

EntrackrEntrackr · 9m ago
Chargebee acquires customer tracking platform Trainn
Medial

Chargebee, a software firm that helps companies to manage revenues and assists in customer retention, has acquired AI-first customer tracking platform Trainn. This is Chargebee’s second acquisition in about a month’s time as the Tiger Global-backed company accelerates its AI efforts. Prior to this, it acquired Inai, a firm that provides software to track and manage payments, to leverage AI in day-to-day offerings. According to Chargebee, this acquisition presents an exciting opportunity for both Chargebee and Trainn in jointly advancing our shared vision of enabling customers in a rapidly changing and innovative – driven market through the use of AI. As part of the acquisition, Trainn’s 200 customers will now become customers of Chargebee. Trainn brings in terms of the deep focus on building and accelerating AI based solutions. Founded in 2020, Trainn has raised a seed round of $700k (around Rs 6 crore) from Speciale Invest and others. “The payments market is diversifying with new payment methods, embedded payments, digital wallets, buy now and pay later options, real-time payments, and the use of AI to improve customer experience and drive new business. The burden of monitoring all the performance and details is on the customers' infrastructure today,” said Subramanian, CEO of Chargebee. Chargebee was valued at $3.5 billion after raising $250 million in its Series H round in February 2022. Its major investors include Tiger Global, Peak XV, Insight Partners, Sapphire, and Steadview Capital.

Former Steadview MD Puneet Kumar joins Mirae Asset Venture India as CEO

EntrackrEntrackr · 15d ago
Former Steadview MD Puneet Kumar joins Mirae Asset Venture India as CEO
Medial

Former Steadview MD Puneet Kumar joins Mirae Asset Venture India as CEO In his new role, Kumar will lead the firm’s venture investing platform, which backs companies aligned with the group’s long-term innovation and growth strategy. Mirae Asset Venture Investments (India) Private Limited, the private investing arm of Mirae Asset Global Investments Korea, has appointed Puneet Kumar as Chief Executive Officer of its venture capital and private investing business. Mirae Asset invests in startups across sectors such as technology platforms, consumer, artificial intelligence, and deep technology. Its past investments include Eternal (Zomato), Raise (Dhan), Shadowfax, and KreditBee. In India, the private investing business manages more than Rs 1,477 crore in assets under management across two Category II Alternative Investment Funds, as of November 30, 2025. Globally, Mirae Asset’s venture capital vertical manages $4.4 billion in assets. Before joining Mirae Asset, Kumar was Managing Director at Steadview Capital, a global technology-focused hedge fund with over $3 billion in assets under management. He spent more than six years at the firm, investing across public and private equities with a primary focus on India. Steadview’s private technology portfolio includes Dream11, Nykaa, Unacademy, Freshworks, Ola, Urban Company, PolicyBazaar, Zomato, Lenskart, Chargebee, Zenoti, Innovaccer, INDmoney, Atomberg, Zetwerk, and Ultrahuman. Earlier, Kumar served as Vice President at Nexus Venture Partners between 2017 and 2019, where he was involved in investments across SaaS, consumer, agritech, gaming, and new-age consumer companies, including Observe.ai, Rapido, Pando, Squadcast, Maximl, LiveHealth, and Intello Labs. Mirae Asset said it plans to scale up its private investing business in India in the coming years.

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