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Together Fund’s Manav Garg joins portfolio firm Emergent as executive chairmanAnnouncing the move in a LinkedIn post on Thursday, Garg stated that he will continue supporting founders and portfolio companies at Togeth...- Oiling the wheels: PE funds buy into fast-growing tech firmsPrivate equity firms are aggressively acquiring stakes in rapidly growing technology companies, particularly in digital engineering and hea...
- SaaS-ination? AI may be threatening traditional SaaS modelArtificial intelligence may be threatening the existence of the traditional Software-as-a-Service model, forcing even established companies...
- AI is a huge opportunity, much more than SaaS: Girish MathruboothamSpeaking at the annual SaaSBoomi event in Chennai on March 25, Mathrubootham said, “AI is exciting and scary at the same time. It is exciti...
- Bootstrapped SaaS startup Kissflow culls 11% workforceKissflow, a Chennai-based startup, announced the layoff of about 45 employees (11% of its workforce) across India, the US, and the UAE. The...
- Sarvam AI to launch voice-to-voice endpoint tool in the next six to twelve monthsSarvam AI released its first open-source Hindi language model called OpenHathi-Hi-0.1 in December last year. The firm said the AI model is ...
- Government alone cannot make the startup ecosystem successful: Kissflow CEOIf Tamil Nadu is to look at being the Silicon Valley for startups, it would not only require government support but also increased particip...
- SaaS startup Actyv.ai fires 60 staffers as market downturn bitesThe layoffs were a result of a right-sizing initiative in response to prevailing market conditions, a company statement said.
- Dunzo’s business in free fall; PB Fintech’s Yashish Dahiya on opportunities in credit & moreTalk about being caught in a downward spiral. Cash-starved Dunzo has sharply scaled down operations to about a fifth from last year’s peak ...
- Ad sales rebound boosts Meta’s Q2 earnings; bumper listing for Netweb TechnologiesA bounceback in the digital ads business has helped Meta Platforms beat market expectations with a double-digit rise in both revenue and pr...
- SaaSBoomi slashes startups’ enterprise value forecast for 2030 by 50%In a silver lining, the collective of SaaS and product companies says its 2030 revenue forecast for the startups remains strong at $50-$70 ...
- 2022 Year in Review | Slowdown cloud: Value-for-money software is silver lining for India SaaSIndian Software-as-a-Service companies are bracing for slower quarters as a potential recession in US could hurt topline.
- Little impact from no overseas listing, but policy should focus on ‘stay in India’: SaaSSome India-born technology companies, including Nasdaq-listed Freshworks, are domiciled abroad, chiefly to be near their customers and to b...
- Enterprise cloud platform Eka Software puts itself on the blockFounded in 2004 by Manav Garg, Eka provides a commodity management platform covering trading and position management, physical supply chain...
- Recruitment startup Kula raises $2.7 million from Girish Mathrubootham’s fund, Venture Highway, othersThe company's focus with this infusion of funds will be on getting their product out and taking it to customers.
- Girish Mathrubootham, Manav Garg launch $85M fund to back early-stage software startupsMathrubootham and Garg said the fund will differentiate itself from others as being a predominantly operator-led fund.
- India's SaaS space can create $1 trillion in value by 2030India currently has around 1,000 SaaS startups, including 10 unicorns, that generate a combined $2-$3 billion in annual revenue and employ ...
- Kissflow taps TCS, Cognizant, others in search of bigger deal winsKissflow is seeking to tap a growing appetite among large IT companies, such as Tata Consultancy Services (TCS) and Cognizant, to ally with...
- Here's how Covid-19 could prove to be a catalyst for India’s SaaS sectorSaaS companies typically serve the enterprise market and have products that run on the cloud. The ubiquity of reliable bandwidth around the...
- Digital technology: Indian SaaS industry to grow six times by 2025, says NasscomFor India to take advantage of this untapped market share, Indian SaaS companies need to ensure business continuity during times like COVID...
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