SirionLabs, an enterprise software-as-a-service provider, has raised $44 million in fresh funding led by Tiger Global and Avatar Growth Capital, in a deal estimated to value the Gurugram-based company at more than $220 million. SirionLabs said it will use the fresh capital to expand its products and strengthen its leadership team by bringing in experts in Artificial Intelligence and other fields, from leading technology companies.

(ET Tech)