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WHATFIX WARBURG PINCUS
Microsoft's $17.5B India power play; Swiggy QIP opensMicrosoft is getting ready to spend more on AI in India. This and more in today's ETtech Top 5.
Warburg Pincus-backed Whatfix lays off 6% of staff; trims sales, marketing rolesThe Bengaluru-based firm has handed pink slips to employees in its sales and marketing teams as increased adoption of artificial intelligen...
Enterprise solutions startup Beacon raises $7 million in round led by Sorin InvestmentsAthera Venture Partners, Jafco Asia, existing investor Unicorn India Ventures, and angel investors including Capillary Technologies CEO Ane...
SaaS startup Everstage raises $30 million from Eight Roads Ventures, othersEight Roads Ventures contributed over 50% of the round, while the remainder came from Elevation Capital and 3one4 Capital. Everstage also a...
Infosys updates hiring process; govt pulls up Ola ElectricHappy Tuesday! Infosys has put in place a new recruitment system to combat fraudulent hiring practices. This and more in today’s ETtech Mor...
SaaS firm Whatfix rolls out $58 million buyback programme for employees, investorsThis buyback is being done at a premium to its second-last funding round, where eight current and former executives sold their vested stock...
SaaS startup Whatfix raises $125 million from Warburg, SoftBank, valuation hits $900 millionWhatfix, a SaaS company, has secured $125 million in funding led by Warburg Pincus. The deal takes company’s valuation to around $900 milli...
Discount brokers & margin funding biz; ETSA Comeback Kid winner Rentomojo eyes IPOHappy Thursday! Discount brokers are evaluating new businesses amid Sebi’s regulatory changes. This and more in today’s ETtech Morning Disp...
Whatfix’s fundraise; HomeLane acquires DesignCafeSaaS startup Whatfix has secured $125 million in funding from Warburg Pincus and SoftBank at a $900-million valuation. This and more in tod...
SaaS star Postman sees 30-40% cut in valuation in secondary dealSoftware-as-a-service (SaaS) startup Postman has made secondary deals in recent weeks at a steep 30-40% discount to its peak valuation., pe...
Goldman Sachs nears $30-50 million MoEngage deal in signs of SaaS deals comebackGoldman Sachs targets $35-50 million in MoEngage via secondary transaction. MoEngage, valued at $700 million in 2022 led by Goldman and B C...
A pivotal event for online commerce; and other top tech, startup storiesStay tuned to know how the latest capital infusion into Zepto impacts the workings of this fledgling sector.
Gen Z laps up ethnic fashion brands; Warburg Pincus-Whatfix dealHappy Wednesday! Ethnic wear brands are gaining prominence among young working professionals and, in the process, attracting investor inter...
Warburg Pincus may lead $100-150 million funding round in Saas firm WhatfixPrivate equity firm Warburg Pincus is set to lead a $100-150 million funding round in SoftBank-backed SaaS firm Whatfix, with participation...
Kaiser may steer $250 million funding in SaaS firm Innovaccer at flat valuationKaiser Permanente to invest $200-250 million in Innovaccer, with valuations dropping to 10-15x. Mubadala joins the new round. Innovaccer di...
WalkMe has a history of resorting to legal action against competitors, Whatfix CEO tells employeesThe email came after ET's story on Monday on the Bengaluru and San Jose-headquartered startup being taken to court by its Israeli-origin an...
SaaS company Whatfix dragged to court by rival WalkMeWalkMe has alleged that Whatfix, which is backed by SoftBank Vision Fund and Peak XV Partners (earlier Sequoia Capital India), gained unaut...
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...
Warburg Pincus in talks with SaaS startup Whatfix for new funding round, valuation may hit over $800 millionWarburg’s talks with Whatfix have been held at a valuation of around $800 million, but sources said the company is thinking of stretching i...
ETtech Deals Digest: DealShare, Shiprocket raise funds this weekStartups raised smaller funding rounds this week compared to the previous one. Social commerce platform DealShare and logistics aggregator ...