Sep 24, 2021 10:27 AM IST
Freshworks listing lays a path for India’s start-ups to list in the US market and also heralds the coming of age of India’s software as a service sector (SaaS)
- Sep 22, 2021 07:58 PM IST
Girish Mathrubootham-led Freshworks became the first Indian SaaS firm to go public on the US stock exchanges.
- Sep 22, 2021 09:03 AM IST
Freshworks has priced its initial public offering at $36 per share, boosting its IPO share price for the second time in the past week. It is set to begin trading on the Nasdaq Global Select Market under the symbol “FRSH” later on September 22.
- Sep 21, 2021 03:57 PM IST
The move enables enterprises to securely adopt a SaaS-based security framework.
- Sep 20, 2021 07:04 PM IST
Freshworks is aiming for a valuation of around $9 billion, according to reports, and will list its stock on the Nasdaq under the symbol "FRSH".
- Sep 06, 2021 05:01 PM IST
The report by Chiratae Ventures and Zinnov says India’s digital talent will double from 0.8 million in 2020 to 1.5 million in 2025. Indian SaaS companies may fulfill 19% of global SaaS demand by 2025, it adds.
- Aug 30, 2021 05:06 PM IST
Annual revenues generated by SaaS companies stand around $2-3 billion with nearly 40,000 people employed.
- Aug 17, 2021 03:36 PM IST
With this partnership, Religare Broking will enable investors to directly invest in US stocks that they consume on a regular basis including Apple, Amazon, Netflix, Facebook, etc.
- Jul 31, 2021 11:49 AM IST
Customer engagement firm MoEngage has raised $32.5 million led by private equity firm Multiples, continuing dealmaking in the software startup space
- Jul 14, 2021 02:35 PM IST
As India’s software as a service or SaaS companies aim to grow bigger, the old playbook is getting an upgrade.
- Jul 08, 2021 12:27 PM IST
Indian SaaS communities have been one of the beneficiaries of the pandemic as the enterprises embraced digital. Such digital transformations will drive a 60 percent increase in enterprise tech over the next ten years, a report by SaaSboomi and McKinsey said.
- Jun 16, 2021 07:34 PM IST
Interestingly, BrowserStack which was founded in 2011, was bootstrapped for 7 years, raising $50 Million in Series A from Accel in 2018.
- Jun 10, 2021 08:34 PM IST
Founded by Deepak Anchala, Slintel helps companies make their sales and marketing efforts more efficient by helping analyse data which indicates who is more likely to be a customer.
- Mar 17, 2021 12:19 PM IST
Venture capital exits fell 70% in 2020- a result of the pandemic, but SaaS emerged as a rapidly maturing space for startups.
- Feb 24, 2021 01:41 PM IST
They hold much promise and are profitable, but enterprise startups tend to remain out of the spotlight, unlike their better-known consumer internet counterparts such as Flipkart, Uber and Swiggy. Moneycontrol decodes what SaaS companies do, why they are different, and what all the hype is about.
- Feb 15, 2021 10:24 AM IST
The SaaS startup was valued at $400 million last February, when it raised $70 million from a clutch of investors including Tiger Global and Steadview Capital. Innovaccer takes millions of data points such as patient profiles, risk factors and types of disease, and channels that data to digitise solutions for hospitals, clinics and patients
- Dec 21, 2020 10:49 AM IST
India's newest unicorn software startup Zenoti has built a billion-dollar business catering to spas and salons. CEO Sudheer Koneru tells us why he only works with big businesses, how the coronavirus pandemic has proved him right, his IPO plans and more.
- Dec 15, 2020 11:19 AM IST
Mindtickle started in 2011 with an aim to gamify the life of boring software companies and make their internal processes more fun. CEO Krishna Depura tells Moneycontrol how the company did this, expanded to the US, pivoted, and even secured funding from Japanese investment giant SoftBank
- Oct 12, 2020 07:27 AM IST
The investment will value Mindtickle at $500-600 million, double the $250 million it was valued at in July last year, when Norwest Venture Partners led a $40 million round.
- Sep 15, 2020 04:53 PM IST
Coming quarters likely to see more acquisitions as companies look to build capabilities, across technology, geography and industry, to cater to the growing demand.
- May 27, 2020 12:22 PM IST
These firms are looking at small businesses and also broadening client-base as consumer behaviour changes
- Sep 29, 2016 07:09 PM IST
Use of non-sanctioned cloud, SaaS (Software-as-a-Service), or personal smartphones for work is called â€˜shadow IT‘. Developing applications for workflow management without the involvement of the IT team is also part of shadow IT. Although it is convenient and quickens work, the practice poses several risks.
- Jul 19, 2016 10:54 AM IST
Reddi, Managing Partner of SRI Capital, would join the Boards of all three companies, it said in a statement.
- Jul 07, 2016 10:50 AM IST
Venture Catalysts (VCats) has invested USD 250,000 (about Rs 1.68 crore) in Don't Scratch Your Head (DSYH), a SaaS-based logistics reconciliation platform for e-commerce channels.
- Jun 30, 2016 08:14 PM IST
Intense Technologies, a global enterprise software products company, has announced a multiyear, managed services contract with a leading ...