India, Feb. 12 -- SoftBank-backed SaaS unicorn Icertis is reportedly exploring a potential sale, which could value the company at up to $5 Bn.

Sources told Bloomberg that many buyout firms have also shown preliminary interest in the sale. Deliberations are still ongoing and no final decision has been made on the matter. However, sources reportedly said that the AI-powered contract management software firm might decide against a sale.

Buyout firms typically are private equity (PE) firms that acquire controlling interests in established companies.

As per the report, the AI-powered contract management software firm is working with investment banking firm Goldman Sachs on the potential deal.

Inc42 has reached out to Icertis for comments o...