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Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
Scoop: Ex-Peak XV trio launches Mettle Capital, targets $350–400 million fund to back Indian startupsThree former Peak XV Partners, Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma, have launched Mettle Capital. The new venture capital fu...
Infosys, TCS, HCLTech shares tumble 5% to fresh 52-week lows; Nifty IT crashes 4%. What’s spooking investors?Indian IT stocks tumbled sharply as Infosys, TCS, HCLTech and others fell up to 5%, dragging the Nifty IT index down 3%. The selloff follow...
Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
Worry about an impending $eluge?Global private equity firms are amassing huge funds for India. However, disruptions in tech and lending sectors, coupled with high valuatio...
Fintech’s next reset: Why fundamentals are back in focusAs India’s fintech sector recalibrates after the 2021 funding surge, growth is no longer being rewarded in isolation.
Nykaa eyes Deepika Padukone's 82°E; Wipro seals $1B dealNykaa is in talks with Deepika Padukone’s premium skincare brand 82°E to buy a majority stake. This and more in today's ETtech Top 5.
SAEL Industries, Vishvaraj Environment, Symbiotec Pharmalab and 3 others get Sebi nod to launch IPOSecurities and Exchange Board of India approved IPOs of six companies, including Vishvaraj Environment and SAEL Industries. Firms span sect...
Amagi Media Labs IPO: Rs 1,789 crore issue opens on January 13; co sets price band at Rs 343-361 per shareSaaS firm Amagi Media Labs set its IPO price band at Rs 343–361 per share for a Rs 1,789 crore issue opening January 13. The offer includes...
Excelsoft Technologies gets Sebi nod for Rs 700-cr IPOExcelsoft Technologies, a vertical SaaS (software-as-a-service) company focused on the learning and assessment market, has received markets...
SaaS player Excelsoft Technologies files DRHP with Sebi for Rs 700 crore IPOSaas company Excelsoft Technologies has filed its draft red herring prospectus (DRHP) with capital markets regulator Sebi to raise Rs 700 c...
ETSA 2023 | Indian SaaS companies can tap domestic public markets too: Nexus’s Jishnu BhattacharjeeWinner of the Midas Touch category at the Economic Times Startup Awards 2023, Bhattacharjee who has been one of the foremost names backing ...
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...
Not a flash in the SaaS-pan!A strong ecosystem of talent, lower development costs, increased funding and growing local market validate the Indian SaaS sector’s status ...
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.
SaaS startups come off age, firm up plans to raise capital via IPOsAccording to merchant bankers, there could be more SaaS players hitting the IPO street, given the huge investor interest in the sector.
IndiaMart expects 29% CAGR revenue growth in next 2 yearsRegarding timing of the IPO, CEO said the company will assess the situation post elections.