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SAAS TECH NEWS
Iconiq, go-to wealth adviser for tech’s elite, is putting billions into AIIconiq is expanding aggressively into venture capital, investing billions in AI startups like Anthropic. Leveraging elite global networks, ...
OpenAI acquires AI personal finance startup HiroHiro Finance, backed by VC firm Ribbit as well as General Catalyst and Restive, was founded in 2023. The startup launched its AI-based fina...
What is driving Oracle stock (ORCL) higher today despite layoffs? Oracle stock making big moves today as AI strategy and cloud growth boost ORCL sharesOracle stock (ORCL) rising today: Oracle stock (ORCL) jumped over 2.4% today, even as layoffs hit key teams. Investors are not reacting to ...
Zoho’s Sridhar Vembu hits back after Y Combinator’s Garry Tan said bundled SaaS would soon be irrelevantThe war of words played out on X. Y Combinator CEO Garry Tan posted a screenshot of a news story in which the Zoho CEO had said vibe coding...
AI’s DeepSink; Zoho’s CEO Sridhar Vembu steps downGlobal tech stocks tumbled on Monday as Chinese startup DeepSeek challenged US dominance in artificial intelligence. This and more in today...
Mobile wallets sink; IT talent in hinterlandsHappy Tuesday! As UPI becomes the default payment mode in India, mobile wallets are suffering. This and more in today’s ETtech Morning Disp...
Postman’s secondary deal; cyber frauds & account aggregatorsHappy Monday! Postman, the most-valued SaaS firm, has seen secondary deals at a 30-40% discount to its peak valuation. This and more in tod...
ETSA 2023: Nominees for Midas Touch; Nvidia CEO on AI exports from India; and Warburg eyes Whatfix stakeAs we inch towards D-Day, when our eleven-member jury picks the winners of The Economic Times Startup Awards 2023, we unveil the nominees f...
Sequoia India & SEA split from US, renamed Peak XV; Byju’s misses $40m loan payment, sues lenderHappy Hump Day! Silicon Valley’s blue-chip fund Sequoia Capital has parted ways with its India and China partnerships. This and more in tod...
Silicon Valley Bank collapse: extinction level event for startups, says YC president Garry Tan30% YC companies exposed to the troubled bank and won't be able to make payroll in next 30 days, said Garry Tan
US government shuts Silicon Valley Bank; Indian SaaS firms mull options to transfer depositsAs the Silicon Valley Bank (SVB) shut operations, venture capital funds checked in with homegrown startups, especially those headquartered ...
Amazon-Future fight thaws; sky’s the limit for Indian SaaSver since, the two firms have been locked in a no-holds-barred battle, with neither side willing to budge an inch. But there were signs of ...
SaaS Tech: Building for India, winning the worldCovid has taught the world the importance of technology. Companies, whether small or big, have taken the plunge and gone digital.
SaaS season coming soon; India's chance at blockchain greatnessWe are opening this December week with a bunch of exclusive stories you ought not to miss. First up, Indian software-as-a-service (SaaS) fi...
Top bosses applaud Freshworks CEO Girish Mathrubootham for making India story 'come true'Freshworks became the first SaaS company from India to go public in the US.
Sales via phone calls, web turning SaaSy Infrastructure, AI on top of the game in India: SurveyThis figure stands at 48% and 32% for companies having India as the top revenue contributor.
- Tech vendors delight; Indian IT market's on a high
The IT market is expected to grow by 18% during 2008 to $38 bn, clocking second highest growth rate after China's 20% to $138 bn.