Amagi’s CEO says the IPO is about steady growth and long-term value creation not short-term market excitement
Vembu says his goal is to contribute towards making India a technologically strong and self-reliant nation, which is as critical to the country’s prosperity and long-term civilisational revival
This is the company’s third buyback programme, taking its cumulative ESOP and share repurchases to over $275 million, funded through internal accruals
During the year, Indian SaaS companies completed 30 domestic acquisitions worth about $386 million, compared with 40 deals worth $253 million in 2024 and 35 deals worth $124 million in 2023.
The round also included a $15-million employee tender offer and selective secondary transactions for early investors including Eight Roads Ventures, Helion Venture Partners, Z47 and Ventureas.
The firm will invest Rs 220 crore in its Coimbatore development centre over the next three years and the money will fund product engineering, AI features and global expansion.
The IPO will comprise a fresh issue of shares worth Rs 1,020 crore and an offer-for-sale (OFS) of 3.4 crore shares by existing shareholders.
The company is well placed to benefit from the digitisation tailwinds in the education sector
The firm's GAAP loss from operations narrowed to $7.5 million in Q3 from $38.9 million a year ago.
Founded in 2011 by Parthiv Patel and Apurv Patel, Petpooja works with over one lakh restaurants across India, the Middle East, US and Africa across 140 plus cities, processing over 7 million orders daily.
Bengaluru-based SaaS firm plans fresh issue of Rs 430 crore and OFS of 1.83 crore shares; proceeds to fund infra, R&D, and acquisitions.
The company will use the capital to strengthen R&D, expand product capabilities and expand globally footprint with new headquarters in Palo Alto, California
For SaaS startups, which rely heavily on US revenues and customer acquisition, the visa shock is already forcing a rethink of business models.
The first three agents, Authoring, Insights, and Guidance, are now available across Whatfix’s suite.
A US-based company that once needed a three-month product trial closed in just four weeks after seeing an AI copilot auto-resolve tickets during a demo.
The fund close comes amid growing investor interest in India’s deep-tech sector, fueled by strong policy support, shifts in global supply chains, and an expanding pool of commercially astute technical founders.
Subbaraman brings over 25 years of global tech leadership experience, having held senior roles at BrowserStack, Oracle, and Finastra.
Freshworks also raised its non-GAAP operating income guidance for the full year to $153–157 million.
During the Q1 2025 earnings call, Freshworks’ CEO said AI adoption had moved beyond experimentation, with nearly half of all new large deals (over $30,000 ARR) in the quarter including Freddy Copilot.
The round will be a mix of primary and secondary capital. While the primary component will go towards paying tax to flip back from the US to India, the secondary component will be used to buy shares from some of its early investors
The funds will be used to deepen Gupshup’s presence in high-growth regions such as India, the Middle East, Latin America and Africa
Indian founders excel at building in the second and third wave, by going deep into complex, vertical problems instead of chasing viral, horizontal use cases, the Accel partner has said
Launched in 2022, the tool helped small businesses set up online stores without paying commissions
Darwinbox completes Rs 86 crore ESOP buyback, offering liquidity to over 350 employees across its global offices.
As AI takes over more repetitive tasks, Freshworks is seeing some reduction in workforce requirements but at the same time, the firm is also hiring for key roles, including AI research and development and engineering