The CEO of the SaaS player talks about the significance of SAP's investment, and the SaaS ecosystem in India
Aimed at rewarding and recognizing employees' dedication and hard work in driving FarEye's growth over the last year, this is the company's second buyback and largest to date.
The funding would enable company to disrupt the stagnant managed service providers market and take on legacy vendors with its newly launched AI-powered PSA-RMM platform
With the infusion of funds, the company plans to expand its team, fuel go-to-market programs, and accelerate product development.
Funds will be utilised in vertical tech SAAS capabilities along with expansion of B2B marketplace business to scale to 10,000 partners and monthly revenues of Rs 5 crore/month by March
Zluri had earlier raised $2 million from Endiya Partners and Kalaari Capital, in its seed round in January 2021.
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.
The US-based firm is planning an R&D Centre in Pune. It is undertaking a pan-India recruitment drive with offer of permanent WFH
Adoption of digital healthcare will increase in next 4-5 years in India's $150 billion healthcare market and Practo will play a leading role in the transition
Apart from value, volumes or the number of deals have also gone up
Company announces new Innovation Accelerators to help customers tackle the most common and high-impact clinical, operational, and financial use cases
Capital to bolster product development and drive expansion in India and US
Hopes to regain pre-Covid level of $60 million ARR in FY22
That's a CAGR of 24.1% for 2020-25; SaaS continued to be the largest component of the overall public cloud services market, followed by IaaS and PaaS in 1H2021
The company will set up a 'global centre of excellence' in India with 1,000 employees
Spectrum's investment portfolio includes the likes of Grubhub, SurveyMonkey, Kajabi, Lucid Software, and Verafin
CHAITANYA PEDDI, co-founder, spoke to Shivani Shinde about the company's growth so far, and the road ahead
The fund plans to invest in 8-10 companies on a yearly basis, with a ticket size of $50,000-500,000
The combined entity will now cater to over 1.5 million retail investors with investments to the tune of Rs 1.4 trillion ($20 billion) of assets
The company has earlier raised a total of $3.5 million in different rounds of investments