BUSINESS
MC Explainer: Why outcome-based pricing model is the new SaaS flavour
This emerging model aligns payments with the measurable value that software delivers to customers. For example, a customer relationship management tool might charge a fee on the basis of the rise in sales revenue. While the model is promising, it is not without its hurdles.
BUSINESS
From AI agents to pricing models: What’s coming for the SaaS industry in 2025
As generative AI reshapes software and customers demand flexible value, the SaaS industry in 2025 stands at the crossroads of innovation, specialization, and profitability. Here are some key trends to watch out for,
BUSINESS
Rapido’s Ride Through 2024: Turning a unicorn, expanding aggressively and facing new competition
From shifting focus beyond bike-taxi services, achieving unicorn status, to overcoming opposition, Swiggy-backed Rapido had an eventful 2024.
BUSINESS
Ola Electric sees two top-level exits as CMO and CTO resign
In November of 2024, Ola Electric announced a major restructuring execerisse that affected at least 500 employees
BUSINESS
From buzzing IPOs to fight for leadership: Key trends that shaped India’s EV 2W market in 2024 and what lies ahead
Industry experts predict that 2025 will witness EV penetration across public transport, B2B fleets, and more.
BUSINESS
Razorpay turns 10: From Koramangala flat to fintech unicorn to an India IPO soon
Razorpay is now investing heavily in offline payments, with over half a million POS terminals deployed
BUSINESS
Identity verification startup Bureau raises $30 million in Series B round led by Sorenson Capital
Bureau will use the funds to add to its product offerings, recruit talent, expand go-to-market team and broaden its global footprint, the Bengaluru-based risk intelligence platform has said
BUSINESS
Exotel's operating revenue up 6% year-on-year to Rs 444 crores, loss at Rs 39 crores in FY24
Exotel also announced turning EBITDA positive in Q3 and Q4 FY24
TECHNOLOGY
Uber launches women-only bike taxi service 'Moto Women' in Bengaluru
New feature aims to address women’s safety concerns and will be open for women riders from 7.30 am to 8.30 pm
BUSINESS
Snapmint secures $18 mn in a mix of debt and equity to expand its no-cost EMI platform
Snapmint’s Funding round led by Prashasta Seth, Perpetuity Ventures, and Pegasus Fininvest
BUSINESS
ONDC cuts Dec incentive payout by 33% to Rs 40 lakh, records 14.4 mn transactions in Nov
ONDC recorded a transaction volume of 14.4 million in November as against 14 million orders in October.
BUSINESS
LambdaTest raises $38 million in new funding round led by Avataar Ventures
The firm, which has around 400 employees in India, the US and the UK, plans to expand its workforce by 15-20 percent in the next year
BUSINESS
Ex-Swiggy CTO Dale Vaz unveils ‘Sahi,’ a stock trading platform offering data-driven insights
The startup will be competing with startups like Zerodha, Groww and Upstox
BUSINESS
Exponent Energy to launch 'e-Park' in Bengaluru with 1GW battery manufacturing, R&D facilities
The announcement comes a year after the firm raised around $26 million in its Series B funding round led by Eight Roads Ventures and TDK Ventures
BUSINESS
Bhavish Aggarwal pledges 1.1% stake in Ola Electric to support AI firm Krutrim's expansion
In January, Krutrim was valued at $1 billion after it raised $50 million in funding led by Matrix Partners India, an early backer of Aggarwal's other ventures Ola Cabs and the IPO-bound Ola Electric.
BUSINESS
Festive cheer continues as India’s EV two-wheeler sales cross 1 million as of November
Ola Electric continues to lead the market with nearly 24.5% market share in November
BUSINESS
Uber launches 'Uber One' subscription plan in India
Uber One is offering benefits like Uber Credits and Zomato Gold complimentary subscription for its users.
BUSINESS
Global AI Conclave 2024: Indian SaaS founders talk about their GenAI strategy
From Whatfix to Amagi to SuperOps: Indian SaaS firms gear up for the Generative AI wave through talent training, setting up AI Labs, and working on monetisation plans.
BUSINESS
Ola Electric undertakes restructuring exercise, 500 employees to be impacted
According to sources within the organization, the company is undertaking the layoffs to improve its margins in its efforts to attain profitability.
BUSINESS
Coimbatore-based SaaS firm Kovai acquires Elevation Capital-backed Floik
Backed by Elevation Capital, Floik’s platform has enables companies to create interactive guides that walk users through software features step-by-step.
BUSINESS
95% layoffs, investor refunds, and a quest for survival: Inside Hubilo's struggle to find a new market fit
The firm has returned around $75 million out of the $150 million raised since its inception to investors.
BUSINESS
Tiger Global-backed Clevertap CEO Sidharth Malik steps down, co-founder Sunil Thomas back at helm
The former Freshwork’s CRO had joined the firm as Global CEO back in 2021 to drive Clevertap’s international growth. The development coincides with US-based firm’s plans to domicile in India in a run-up to hit the public markets
BUSINESS
Wheelocity pivots from B2B supply chain to B2C fresh commerce delivery with new funding
Along with the pivot, the firm has also announced raising $15 million in a mix of debt and equity led by Lightspeed Venture Partners.
BUSINESS
Nasdaq-listed Freshworks slashes 660 jobs as part of cost-cutting efforts
The firm has more than 5,000 employees on roll and has conducted multiple rounds of layoffs and management rejig since 2024.
