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Year in Review: SaaS firms tackle funding dip and a slump amid AI disruptionIndia's SaaS industry is facing challenges such as slowing demand, cautious investor funding, and the impact of AI. Funding levels remain b...- ETtech Deals Digest: Startup funding rises 84% on-year to $534 million this weekThis week startups, across seed, early and late-stage rounds, raised funds through 28 deals, compared to 33 deals in the year-ago period.
- India Inc's GCC play; BharatPe, Licious financialsIndian businesses are expanding their technology capabilities through global capability centres, paralleling international firms operating ...
- 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...
- Nearly 92% of Indian SaaS cos adopted AI in 12 months: BessemerAI adoption by SaaS platforms helps make software more intuitive, adaptive, and capable of automating complex tasks. The report titled ‘The...
- SaaS companies lean on core business to ride out US market stormFirms turn to ‘efficient growth’ and ‘path to profitability’ as buyers review their spends.
- Moment of reckoning for SaaS firms with US market in a spotFounders say macroeconomic headwinds might drive companies to spend, hire judiciously
- Exclusive interview with Infosys CEO; tax officials email foreign tech firms on GST“We don't see anything which gives me any concern”. But he added, “As we get more colour, we will look at (revisiting the revenue guidance)...
- Govt plans EV battery standards after fires; Netflix loses two lakh subscribers in a quarterIndia could soon come out with standards for electric vehicle (EV) batteries, after a spate of fires involving electric two-wheelers.
- SaaS startup Everstage raises $13 million funding from Elevation, 3one4 CapitalEverstage plans to use the funds to further expand its sales, engineering and solutions teams. The 50-member team is expected to grow three...
- 3one4 Capital to increase size of its third fund to almost Rs 1,500 croreThis follows a trend of venture capital funds mopping up larger corpuses amid frenetic deal making.
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