Tag: software as a service
ElasticRun: B2B ecommerce firm ElasticRun narrows losses by 42% in FY24; revenue drops 49%
Business-to-business (B2B) ecommerce platform ElasticRun reduced its net losses by 42% to Rs 359.6 crore for the financial year ended March 2024, down from Rs…
SaaS will turn into software and services in GenAI: Upekkha-WestBridge report
The software-as-a-service (SaaS) business will become software and services in next generation solutions within generative artificial intelligence (GenAI), according to a report by SaaS-focused accelerator…
saas startups: Revenue-linked financiers bet big on SaaS companies
Revenue-based financiers are increasingly seeing an opportunity in cash-flow based lending in India’s early-stage software startups segment, as equity funding gets expensive and the bar…
whatfix: WalkMe has a history of resorting to legal action against competitors, Whatfix CEO tells employees
Software-as-a-service firm Whatfix‘s founder and chief executive Khadim Batti on Monday wrote to employees saying litigation is a common competitive tactic in international markets. “We…
layoffs: SaaS startup Actyv.ai fires 60 staffers as market downturn bites
Actyv.ai, an enterprise software-as-a-service startup, on Wednesday said it has laid off 60 staffers. The layoffs were a result of a right-sizing initiative in response…
Startups: ‘2026 revenue forecast for SaaS startups plunges 74% to $26 billion’
Global management consulting and strategy advisory firm Zinnov and venture capital firm Chiratae Ventures on Tuesday marked down 2026 revenue projections of the Indian software-as-a-service…
zendesk: Global SaaS platform Zendesk lays off 8% of workforce
Software-as-a-service (SaaS) platform Zendesk has announced that it will lay off 8% of its workforce, about 320 employees, as macroeconomic conditions have not improved and…
Wingify: SaaS firm Wingify to expand presence in APAC and Latin America
Software-as-a-service (SaaS) firm Wingify is looking to expand its presence across Asia Pacific and Latin America. The company has been witnessing strong demand from South…
bain & co: Late-stage startups continue to conserve cash with down rounds in offing: report
Late-stage startups are expected to continue to focus on profitability and conserve cash for a longer runway with consolidation and funding rounds potentially at a…
saas startups: Indian SaaS firms are on an efficient, resilient growth path: report
Indian SaaS companies are likely to continue to grow and have a bullish outlook in 2023 as per the Bellwethers of Indian SaaS report, by…