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A major portion of this investment will go toward India, where Coralogix plans to inject around $100 million over the next five years. This includes expanding its Gurugram office and ramping up hiring in Bengaluru and Mumbai to grow its engineering, R&D, and customer success teams. Out of Coralogix’s nearly 550 employees, around 250 are based in Israel and 100 in India. The company intends to double its Indian workforce within the next three years. “There’s a natural synergy between Israeli and Indian engineering cultures — both are mission-driven, self-reliant, and highly execution-focused. That makes India an ideal location for our expansion,” Assaraf told TechCrunch. India also ranks as Coralogix’s second-largest market in terms of customer count and revenue, trailing only the U.S. The startup already serves over 100 Indian clients, including top companies such as Postman, Meesho, Jupiter Money, Razorpay, CoinDCX, BharatPe, and BookMyShow. It’s also eyeing government partnerships and potential acquisitions in the region to solidify its footprint. “We’ve explored M&A opportunities with several Indian startups to gain access to strong local teams, but haven’t closed any deals yet,” Assaraf added. Coralogix previously raised $142 million in a Series D round in June 2022, co-led by Advent International and Brighton Park Capital. Since then, the company claims a 7x increase in revenue, although it remains pre-profit. The startup considers Datadog its main competitor and aims to debut on the Nasdaq through a U.S. IPO within three years. “Our vision includes a new architecture for streaming data analytics, innovative customer engagement strategies, expansion into new markets, and a next-gen AI monitoring experience,” said Assaraf. “Once we demonstrate strong traction in these areas, we’ll be ready to pursue an IPO.” Returning investors in this round include Advent International, Brighton Park Capital, Revaia, Greenfield Partners, Red Dot Capital Partners, O.G. Venture Partners, Joule Capital Partners, and Major Investments. .

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