UiPath is planning to increase its headcount to 1200 by 2019 end

On the back of its latest fundraise, Automation company UiPath is looking to raise its headcount to 1200, which is nearly five times its current strength, by the end of 2019.  

The company also plans to expand its presence to eight cities in India.

UiPath had raised $225 million from Capital G, Sequoia and Accel. This valued the robotic process automation company at $3 billion. 

Raghunath Subramanian, President and CEO (India and APAC), UiPath, said, "This is a milestone development that is going to change the market dynamics and play an important role in our expansion plans in India."

The cities where the company plans to expand include Chennai, Pune, Hyderabad and Kolkata. While it will increase the headcount in Bengaluru, Mumbai, and Gurgaon.