Advertisements Bengaluru-based SaaS unicorn Leadsquared had a total loss of Rs 161.19 crore in the financial year 2022-23 (FY23), compared to a loss of Rs 61.94 crore in the previous year. The company’s total revenue increased from Rs 200.57 crore… Read More ›
Saas
Creaegis Leads $30mn Funding Round In SaaS Startup Kale
Advertisements SaaS logistics startup Kale Logistics has raised USD 30 million in funding led by Creaegis Advisors, a digital and tech-focused private equity fund. In 2021, the Kale raised its Series A round of USD 5 million from Inflexor Ventures… Read More ›
Silicon Valley Bank Infuses USD 150 M In SaaS Unicorn Icertis
Advertisements Software-as-a-Service (SaaS) unicorn Icertis on Monday said that Silicon Valley Bank has invested $150 million in funding in the form of a revolving credit facility and convertible financing from Silicon Valley Bank. Silicon Valley Bank, a commercial bank, is… Read More ›
Argentum Backs SaaS Startup Impact Analytics, Infuses USD10 M
Advertisements Argentum Capital Partners invested $10 million (about Rs 82.6 crore) in software-as-a-service (SaaS) startup Impact Analytics in Series B funding round. The startup will use the fresh funds to scale up its artificial intelligence-led forecasting products as well as… Read More ›
CleverTap Raises USD 105 Mn In Series D Funding Round Led By CDPQ
Advertisements CleverTap, a leading global B2B SaaS platform for customer engagement and retention today announced it has signed definitive agreements to raise US$105M in a Series D funding round led by CDPQ, a global investment group who committed US$75M, with… Read More ›
B2B SaaS-Based Startup Kennect Bags USD 700K In Seed Funding
Advertisements Kennect, a Delaware and Mumbai-based Software-as-a-Service sales acceleration start-up, has raised $700k in seed funding led by FortyTwo VC. FortyTwo VC is a Dallas, Texas-based venture fund with an investment focus on disruptive enterprise tech opportunities. Kennect’s no-code platform… Read More ›
Matrix Partners India Invests INR 20 Cr In Sourcewiz
Advertisements Sourcewiz, a SaaS platform focused on digitization for exporters and export factories, has announced that they have raised INR 20Cr in the Pre-Series A round led by Matrix Partners India and marquee angels such as 100x Entrepreneur Fund, Aniket… Read More ›
Shiprocket To Acquire Majority Stake In Pickrr For USD 200 Mn: Joint Statement
Advertisements E-commerce logistics SaaS company Shiprocket has inked a deal to acquire a majority stake in its competitor e-commerce platform Pickrr for about USD 200 million (about Rs 1,560 crore) in a mix of cash and equity transaction, the firms… Read More ›
SaaS-Based Startup Spendflo Raises USD 4.4 Mn From Accel and Together Fund
Advertisements Spendflo, a SaaS buying and optimization platform for CFOs and finance leaders to procure, manage and save on their SaaS expenses, announced today that it has raised $4.4M in a seed funding round by Accel India and Together Fund…. Read More ›
FarEye Lays Off 250 Employees At Time Of Appraisal
Advertisements Software-as-a-service provider FarEye has laid off around 250 employees at the time of their appraisal, according to industry sources. When contacted, FarEye said softness in market conditions and restructuring of the team led to reduction in team size. “With the softness… Read More ›