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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.- 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.
- SaaS company Netcore puts off IPO on 'uncertain market conditions'Bootstrapped firm to review IPO prospects after examining FY23 numbers as softness in customer decision-making and macroeconomic uncertaint...
- Meta India may not face brunt of layoffs; IT firms dig deep to catch moonlightersCEO Mark Zuckerberg took the blame for the company’s first-ever mass sacking, saying he was guilty of over-optimism about its future after ...
- Amid IPO plans Netcore eyeing another $100 million acquisitionThe firm is also looking to make several acquisitions, including one upwards of $100 million and multiple smaller ones, in its bid to widen...
- Data centre firms ask govt to ease rules; Meesho served notice for 'flouting rules'If data centre companies want to set up their own dark fibre networks, they will have to come to a similar revenue share arrangement under ...
- Crypto tax set to become law; Nykaa CEO’s wish for tech-savvy cofounderThe government was set to introduce the proposals – part of the Finance Bill – in the Lok Sabha on Thursday evening.
- Bootstrapped SaaS company Netcore buys US firm Unbxd for $100 millionThe company is targeting to reach $150 million within the next 18 months; the company will be filing for IPO in July or August this year, R...
- Martech company Netcore Cloud eyes $150 million ARR by 2024The company expects 30-40% of the revenue to come from outside India in the next few years through a mix of both organic growth and acquisi...
- Remote jobs to thrive even post-pandemic as companies, employees look for flexibilityFrom a little over 1% of total white-collar openings a year ago, remote/permanent WFH jobs accounted for a sizeable 8% of all active jobs i...
- The India story after 25 years of internet and how it has transformed our livesToday, the world’s top corporate giants are technology firms, and no company can succeed without digitising large parts of its business.
- Why Nasscom 10K Startups - backed by Google, Microsoft, IBM - has had mixed success in IndiaThe angel investor community in India is small. India’s angel network is about 200 people compared to more than 5,000 in the US.
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