Indian firms to capture 8% of global SaaS market in next 5 years: Report
Investments in Indian SaaS reached an all-time high of around $5 billion in 2022, says Bain & Company.
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Nobody can escape the macroeconomic picture: Zoho’s Vembu
Despite its growth trajectory, the industry will not escape the scourge of the macroeconomic instability and is expected to see consolidation, says Zoho CEO Sridhar Vembu.
SaaS platform LeadSquared raises $153 mn; enters unicorn club
With this, LeadSquared has become the 103rd startup to enter the coveted unicorn club in India. LeadSquared offers an end-to-end efficiency platform for businesses working across different segments.
From $8 billion to $100 billion in 5 years: Indian SaaS industry aims for the sky
Being able to get large enterprises on board is where SaaS players have been able to make a dent. Enterprise vertical contributes more than 40% to SaaS revenues
Group-level clients like Tatas is the ‘sweet spot’ we focused on: Locus’ Nishith Rastogi
A SaaS logistics tech startup, Locus today counts conglomerates like Unilever and Tata Group among its clients.
Indian SaaS startups get $4.5 bn funding in 2021
“With an increasing number of world-class founders and strong investor support, Indian SaaS companies are poised to reach $30 billion in revenue by 2025,” analysts at Bain & Company.
“Choose your investor just like you choose your spouse”
“Picking an investor and board member is as important as picking your co-founder. Never be enamoured by the brand of an investor, be concerned about the person who will be on board.”
Postman raises $225 mn at a $5.6 bn valuation
The SaaS unicorn—whose co-founders are part of Fortune India’s 40 Under 40 list this year—has more than doubled its valuation in a little over a year.
40 Under 40: The Postman story
Postman, which is India’s fourth SaaS unicorn, was founded by Abhinav Asthana, Ankit Sobti, and Abhijit Kane in 2016. Here is why they made it to Fortune India's 40 Under 40 list for 2021.
Powered by text, Route Mobile soars
Route Mobile, a cloud communications platform for enterprises, has had a dream run on the bourses since its listing last year. At the core of this success is the humble text message.
