Mumbai: UiPath, an RPA software company has strengthened its core business team across the Asia Pacific and Japan (APJ) region with two new appointments.
The company has appointed Anil Bhasin as MD and VP of India and South Asia. Bhasin will replace Manish Bharti, who is likely to be given a new strategic role in UiPath. However, the company has not revealed the details.
Bhasin comes with over three decade of experience in the IT industry. He will be responsible for expanding the business and technology units within the UiPath’s India and South Asia operations.
Prior to joining UiPath, Bhasin was heading as Regional VP for India & SAARC, Palo Alto Networks – a global cybersecurity company.
Besides, Google Cloud’s MD – Asia, Rick Harshman has joined UiPath as SVP and MD of Asia Pacific and Japan, effective immediately. “Rick’s appointment will help UiPath expand our presence in Asia Pacific and Japan,” said UiPath CRO, Thomas Hansen.
“His experience in leading hyper-growth companies will be vital, and he is well placed to develop deep relationships with existing and new partners and customers, in addition to articulating our vision for the fully automated enterprise,” added
According to Hansen, the Asia Pacific and Japan region hold huge promise for UiPath. With two key appointments for India, Asia Pacific and Japan, UiPath is certainly banking on this entire region to drive its business and overall position.
“I look forward to accelerating our position as the partner of choice for C-suite leaders driving digital transformation,” concluded Hansen.
Daniel Dines and Marius Tirca founded UiPath as deskover in Bucharest, Romania in 2005. After putting six years in building its automation scripts, the company pivoted to RPA ( Robotic Process Automation) in 2012.
The following year, it launched Desktop Automation product for organisations and in 2015, it released the UiPath Automation Platform.
For UiPath, 2015 remained a key stage in its journey as it raised a first seed round from Earlybird, Credo Ventures and Seedcamp; and was formally incorporated in the USA. The same year, it formed a partnership with BPOs and consulting firms.
By 2016, it opened offices in New York, London and Bangalore; and tapped some 250 enterprise clients. And continued its expansion in Asia, Europe and USA and successfully raised $30 million Series A funding from Accel.
By 2018, the company expanded its presence in major parts of the world. UiPath also raised $153 million in Series B from Accel, Capital G; and $256 million in Series C funding from CapitalG and Sequoia Capitals in 2018.
UiPath also increased staff strength over 2000 in 2018. It successfully expanded its developer community base to 250,000 in 2019.
In 2019, it raised $568 million in Series D funding and acquired ProcessGold and StepShot to strengthen its technology capabilities.
It raised $225 million in Series E funding from Alkeon Capital in 2020. Also, late in December 2020, UiPath has submitted a statement to U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO).
This year it has raised $750 million in Series F from Alkeon Capital and Coatue.