Page 3 - Saas Industry

SaaS management platform Zluri raises $10M led by MassMutual Ventures

SaaS Management Platform Zluri has raised $10 million in a Series A round of funding led by MassMutual Ventures with participation from existing investors, Endiya Partners and Kalaari Capital.

SaaS firms in India poised to reach $30 bn in sales by 2025: Report

Over the past five years, SaaS firms have doubled in India and are poised to reach $30 billion in revenue by 2025, a new report showed

At $4.5 billion, investment in SaaS companies grows 170% in 2021

India now has 13 SaaS unicorns and between 7 and 9 companies with $100 mn+ annual recurring revenue (ARR)

E-commerce tech firm Unicommerce to spend $5 mn on expanding global ops

Firm says it has become a leader in India where it is processing 20% of e-commerce volumes. Now aims at setting itself up as a preferred choice of e-commerce firms and retail brands

SaaS platform Zvolv raises $1.5 mn, will use fund to expand business

The funding round was led by JSW Ventures, a technology-focused venture capital fund.

The idea is to bring consumer tech to HR applications: Darwinbox co-founder

CHAITANYA PEDDI, co-founder, spoke to Shivani Shinde about the company's growth so far, and the road ahead

SaaS Labs raises $17 mn to expand customer base, hire team members globally

The company has been bootstrapped up until this point and will use the funding to expand its customer base, hire people, and release new products and services

Toch.ai raises $11.75 mn to scale up tech infra, expand into global markets

The $224 bn digital video content and advertising industry has long been plagued with time-consuming, manual processes and Toch.ai is addressing that problem using technology

Qapita raises $15 mn in Series A round led by East Ventures, Vulcan Capital

Qapita had raised $7.25 million in earlier rounds of funding

Indian SaaS industry is gearing up to move onto global platforms

With digital transformation boosting enterprise tech intensity, Indian software-as-a-service players have gained immensely

Oracle India steady on double-digit growth path, says Prasad Rai

Oracle recently reported first quarter results for the financial year 2022. Total quarterly revenue rose 4 per cent to $9.7 billion

Manch Technologies raises $1.1 mn in pre-series A round led by BISF

The company will use the new funding for stepping up its growth internationally and product development initiatives

Employees made us who we are, they are equal owners: Freshworks CEO

Girish Mathrubootham shares his views on the journey so far, what his IPO means to the SaaS (software as a system) ecosystem in India

Freshworks prices IPO at $ 36 per share, to raise over $1 bn via US listing

Freshworks will become the first Indian-origin software products startup to list on the US stock exchanges

Lio raises $5 mn in seed funding led by Lightspeed India, Sequoia

Lio is used for a variety of tabulation, calculation and organising needs, such as creating tables of customer/stock/payment data for businesses or organising to-do lists

B2B SaaS-focused VC firm Pentathlon announces final close of first fund

Pentathlon plans to invest in over 20 B2B SaaS startups in a year and make investments of between Rs 75 lakh and Rs 3 crore on an averag

Saas startup NeuroPixel.AI raises seed fund of $825,000 led by IPV

NeuroPixel.AI was founded in late 2020 by Arvind Nair (CEO) and Amritendu Mukherjee (CTO)

Saas startups firming up plans for IPOs to raise capital from market

Software-as-a-service (SaaS) companies seem to be coming off age, with several of them firming up initial public offering (IPO) plans to raise capital from the market.

RateGain Travel files draft papers with Sebi to raise funds via IPO

RateGain is among the leading distribution technology companies globally and the largest Software as a Service (SaaS) company in the hospitality and travel industry in India

India's first venture fund by startup founders launched with $85 mn corpus

The men behind the fund are Girish Mathrubootham of Freshworks, Manav Garg of Eka Software, Shubham Gupta (ex-Matrix) and Avinash Raghava (ex-Accel)