Tessell’s journey from San Ramon, California, to Bengaluru exemplifies the India advantage that global founders can leverage.
What is the news?
- Tessell, a multi-cloud database-as-a-service startup, has raised $60 million in Series B funding led by WestBridge Capital with participation from B37 Ventures, Rocketship.vc , and existing investor Lightspeed Venture Partners.
- Founded by Bala Kuchibhotla, a veteran with over a decade at Oracle and four years at Nutanix, Tessell is developing AI-powered conversational database management technology that delivers 10x the performance at 64-73% cost savings.
Why is it interesting?
- This is a perfect example of leveraging Indian talent for global innovation. With an engineering center in Bengaluru and two-thirds of its 40 customers in India (including Moody’s, Aditya Birla Capital, Tata Capital, Jubilant Ingrevia, and Forbes), Tessell demonstrates how Indian-origin founders can build cutting-edge technology with a strong India connection.
- The funding will accelerate their global expansion into Europe and Asia-Pacific while strengthening their India operations – showcasing how startups can build in India for global markets while simultaneously capturing the growing domestic opportunity. Their multi-cloud approach (compatible with AWS, Google Cloud, Microsoft Azure, and Oracle Cloud) positions them perfectly for the global enterprise market.
Read more: Tessell snags $60M to drive data management at scale