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SAP.IO FUND
Hasura raises $100 million, becomes tenth startup unicorn of 2022With the latest fundraise, Hasura is valued at $1 billion, making it the tenth startup to enter India’s unicorn club this year.- Lightspeed leads Hasura’s $25 million roundHasura said it will utilise funds to accelerate hiring and will invest in open source and commercial product development.
- SAP to house data of Indian users locallySAP plans to have an open ecosystem, allowing multiple cloud service providers, as customers demand different cloud storage systems.
- SAP wants staffers to create startupsThe SAP.iO fund usually makes direct equity investments in the $1,00,000-2,50,000 range.
- $2 million in Series A will now add to Niki.ai's SmartsThe fundraising also saw participation from other Indian investors including Haresh Chawla, partner at True North; and Arihant Patni, manag...
- SAP.iO's first investment in India goes to Tata-backed Niki.aiSAP.iO plans to invest $10,000 to $250,000 in different companies, with a greater focus on driving SAP's engagement with startups.
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