New Delhi, June 17 -- Israeli data analytics startup Coralogix will be deploying most of its fresh fundraise of $115 million in India as it looks to deepen its presence in the country, according to the company's India head.

"We're going to ramp up the engineering R&D team here in India, including a large number of positions relating to artificial intelligence and data science," Navdeep Manaktala, India head at Coralogix, told Mint in an interview. India is one of the company's top three markets, the other two being the US and Europe.

Coralogix, which also runs a cybersecurity business, onTuesday announced its Series E fundraising round led by California-based NewView Capital and NextEquity Partners with participation from the Canada Pen...