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ED's Parimatch heat reaches Zepto; SPC's India deeptech pushZepto has come under the ED's scanner as part of its probe into Parimatch. This and more in today's ETtech Top 5.- Silicon Valley’s South Park Commons ramps up India deeptech pushSouth Park Commons is increasing its focus on India's deeptech sector, shifting investments beyond traditional software to areas like semic...
- Anthropic deepens finance push as CEO Amodei warns of software disruptionAI firm Anthropic is launching new software for banks and insurers. Ten specialized AI programs will automate tasks like building pitchbook...
- Iconiq, go-to wealth adviser for tech’s elite, is putting billions into AIIconiq is expanding aggressively into venture capital, investing billions in AI startups like Anthropic. Leveraging elite global networks, ...
- Everstone leads $150 million infusion in SaaS firm WingifySoftware firm Wingify secured Rs 1,381 crore in a new funding round led by Everstone Capital. This investment follows Wingify's recent anno...
- Info Edge commits Rs 250 crore to deeptech fund; sells Shopkirana stakeInfo Edge, which was an early investor in Zomato, said the fund will be sponsored and managed by Info Edge’s subsidiary Smartweb Internet S...
- Sebi's finfluencer crackdown; Scimplify eyes fresh fundsSebi has teamed up with Google to take on misleading financial influencers and shady trading apps. This and more in today's ETtech Top 5.
- Hard Reset: India’s AI investment boom masks a deeper battle for survivalEven as AI startups continue to raise top dollar, some are scrambling to rebuild business models and keep pace with the disruption, investo...
- PE firms up SaaS buyouts as AI resets valuations & biz modelsOver the past year, multiple mid-to-late stage SaaS companies have seen majority stake purchases by private equity or have consolidated int...
- All that SaaS; AI woesHappy Friday! Goldman Sachs is likely to increase its stake in SaaS startup MoEngage. This and more in today’s ETtech Morning Dispatch.
- PE fund InvAscent puts $10 million in health-tech SaaS firm ABI Health TechnologiesThe company’s product, ClaimBook, helps a hospital to automate its entire health insurance claims management process, improving revenue cyc...
- 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 firm LeadSquared enters unicorn club with $153 million fundingThe funding values LeadSquared at $1 billion, founder and CEO Nilesh Patel told ET, making it the latest software-as-a-service (SaaS) firm ...
- Funding for Indian SaaS to rise 62.5% to $6.5 billion this year: reportAccording to the report, titled ‘India SaaS: Punching through the global pecking order’, overall funding for Indian SaaS startups is expect...
- SaaS startup LeadSquared in talks to raise $100 million at $1 billion valuationThe round is expected to value it at $1 billion, the people said, propelling it into the list of unicorns, or privately held companies with...
- SaaS Labs raises $17 million in maiden funding roundSaaS Labs, a cloud-based automation platform, will use the funding to expand its customer base and hire talent, as well as for product deve...
- SaaS Labs lands $17 million in funding from Base 10 Partners, Eight Roads VenturesThis is the first institutional capital raising by the bootstrapped startup, which operates out of India and the Philippines.
- Barco expands India operations, opens R&D facilityThe Belgium headquartered company’s India arm, Barco India on Wednesday opened its largest global Centre of Excellence for Software innovat...
- 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...
- Sequoia Capital to Invest rupees 28 crore in SirionLabsAccording to Gartner, worldwide spending on IT services reached $922 billion in 2013. The market is expected to grow by 1.8% in 2014.
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