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ZENOTI FUNDING
Avataar Venture Partners ropes in Alpha Wave’s Anirudh Singh as partnerSingh, former managing director at Alpha Wave Global (previously known as Falcon Edge), will be responsible for growth-stage B2B investment...
- Avataar Venture Partners launches second fund of $350 million
Fund II from the business-to-business (B2B) technology-backer comes three years after it launched its first fund worth $300 million and les...
Resignation at Zomato; India, Singapore tie-up on paymentsIn March, Zomato CEO Deepinder Goyal announced the launch of the company’s nutrition business. But things didn’t go to plan and the company...
Zenoti acquires SuperSalon, sets aside over $100 million for acquisitionsThe deal is intended to help Zenoti—which works with large salon and spa chains across the US—strengthen its presence among large standalon...
Postman becomes most valued Indian SaaS startup after $225M fundingThe seven-year-old startup is now valued at $5.6 billion, overtaking BrowserStack which was valued at $4 billion in June.
Mindtickle becomes a unicorn after SoftBank-led fundingExisting backers including Norwest Venture Partners and Qualcomm Ventures participated in the $100 million round that has more than doubled...
BrowserStack becomes India's highest-valued SaaS firm after fresh fundingThe $200 million fundraise values Browserstack at $4 billion, making it among the highest valued software-as-a-service (SaaS) startups to h...
MindTickle to turn unicorn with $100 million funding from SoftBankAfter social commerce startup Meesho and banking technology platform Zeta, SoftBank is set to put another $100 million in SaaS startup Mind...
ETtech Deals Digest: A week of SaaS and Super App ambitionsTata Digital, a wholly owned subsidiary of India's largest conglomerate, wrapped up two startup deals this week, while Indian SaaS startups...
Zenoti raises $80 million in funding round led by TPGThe latest capital infusion, which pegs Zenoti’s post-money valuation at $1.5 billion, is an extension of the SaaS startup's Series D fundi...
Startup Jobs: 2020's unicorns look to ramp up hiring in 2021Newly minted startup unicorns—Pine Labs, Zenoti, Postman, Razorpay, Cars24 and Glance—are scaling up teams by 10-100% to drive market expan...
2020 Year in Review | Why 2021 will be an inflection point for India's SaaS sectorIndia’s SaaS sector was growing at 1.5 times the growth in the global SaaS market, with the industry expected to reach $13-$15 billion in r...
ETtech Deals Digest: Zenoti, LeadSquared, Wakefit.co raise fundsA quick look at this week's most important investments in the tech and startup space.
Zenoti raises $160 million in funding, enters unicorn clubThe funding round catapults Zenoti into the coveted Unicorn club, making it only the fifth software product company of Indian origin, after...
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...
Avataar Venture Partners to invest $300 million in B2B and SaaS companiesAvataar Venture Partners will typically put in $10-$30 million in its portfolio companies, aiming to make about 10 investments from its mai...
Tiger Global fuels India's startup boom with deal-making spreeSoftBank Group Corp. and its Vision Fund, for instance, have invested in Delhivery, and in Ola, converting both into unicorns.
'We are into a second SaaS wave; Indian startups shouldn't miss it'"We need to make a distinction between enterprise companies and SaaS companies. The SaaS companies in India came about in 2012," says Mohan...
Vertical is a SaaSy space for investors with deep pocketsWhile vertical players in SaaS are finding solutions for precise industry requirements, large business serving horizontal players are provi...
Zenoti plans big facelift in US, Europe with newly-raised Rs 100 croreThe company which provides cloud-based software for spas and salons founded by serial entrepreneur Sudheer Koneru, now plans to aggressivel...