SAP picks up minority stake in Icertis, valuation likely tops $5 billionIcertis, a cloud-based enterprise contract management platform that counts Airbus, Cognizant, Microsoft, and Roche as customers, is expecte...
25 Jan, 2022, 06.53 PM IST
Indian startups raised $42 billion in 2021: reportIndia - with 90 unicorns - is the third-largest unicorn hub behind the US (487) and China (301), and ahead of the UK (39).
13 Jan, 2022, 04.18 PM IST
Norwest Venture Partners closes new $3 billion fund NVP XVINVP XVI brings the firm’s total capital under management to $12.5 billion.
14 Dec, 2021, 06.12 PM IST
Every second founder of a unicorn this year is an IITianEvery second founder of Indian startups that turned a unicorn this year is an alumnus of one of four oldest Indian Institutes of Technology...
15 Sep, 2021, 10.27 AM IST
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...
14 Sep, 2021, 06.00 PM IST
Most unicorn founders this year are IITiansAs many as 30 of the 58 founders of these are engineering graduates from the IITs of Delhi, Bombay, Kharagpur or Kanpur, according to a stu...
14 Sep, 2021, 06.00 AM IST
Employee wellness platform Nova Benefits raises $10 million in Series A funding roundFounded in 2020, Nova's tech platform helps companies improve employee well-being through health insurance, daily fitness, mental health co...
09 Sep, 2021, 03.27 PM IST
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...
17 Jun, 2021, 09.55 AM IST
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...
11 Jun, 2021, 07.02 PM IST
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...
08 Jun, 2021, 11.46 PM IST
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...
05 Jan, 2021, 10.32 PM IST
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...
28 Dec, 2020, 12.01 PM IST
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...
15 Dec, 2020, 12.37 PM IST
Delhivery eyes IPO in next 12-15 months; gets $25 mn investment from Steadview"Steadview is a long-term investor and we see them playing a key role as Delhivery heads towards the public markets in the next 12-15 month...
15 Dec, 2020, 11.21 AM IST
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...
26 Jul, 2020, 09.31 AM IST
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.
11 Jul, 2019, 09.17 AM IST
'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...
13 Nov, 2016, 12.09 PM IST