India, June 9 -- Spa and salon software unicorn Zenoti Software has raised $80 Mn as part of its Series D funding round. The round, which valued Zenoti at $1.5 Bn was led by TPG, a global alternative asset fund.

In December 2020, Zenoti had raised $160 Mn in a Series D funding round making it the first vertical software-as-a-service (SaaS) startup in India's unicorn club. The round was led by Advent International (Advent) through Advent Tech and Sunley House Capital. Along with the participation from Tiger Global Management and Steadview Partners.

In recent years, TPG has invested in Indian startups like Firstcry, Lenskart, Ess Kay Fincorp and Pharmeasy.

Founded in 2010 by Sudheer Koneru and Dheeraj Koneru, Zenoti is an all-in-one, clo...