If you’ve been a regular follower of the SaaS weekly roundups, it’s evident that India is putting itself on the global map in the software-as-a-service industry. And if there was any doubt about that, then this week’s acquisition by Chargebee as well as several funding announcements for Indian SaaS companies put that to rest. So without further ado, here’s everything that happened in the past week that deserves your attention. News of the week Zendesk terminates $4.1B SurveyMonkey acquisition after its own investors reject deal As the reports were suggesting, Zendesk is walking away from the proposed buyout of SurveyMonkey’s…
Author: Nitansh Rastogi
The past week, we continued seeing many SaaS companies revealing their quarterly revenue numbers. But that wasn’t it… the last 7 days witnessed a significant acquisition as well as big funding announcements too. News of the week Akamai acquires infrastructure-as-a-service provider Linode for $900 million The buoyancy in the SaaS space is rubbing off in the other “as-a-service” providers too. Akamai, one of the leading content delivery networks, has announced the acquisition of Linode, an infrastructure-as-a-service platform. The deal is pegged at $900million, and is expected to close in Q1 of 2022. Related read: Akamai CEO: Linode acquisition makes company…
There’s not even a single week where we don’t see some big movements in the SaaS industry. The trend continued in the last 7 days as well as we witnessed acquisitions, significant funding announcements, and more. So here’s everything that happened in the last week and is worth your attention. News of the week Razorpay makes international foray with Curlec acquisition Popularly referred to as India’s answer to Stripe, Razorpay is aiming to expand to more markets. To do so, it has become a majority investor in Malaysia’s fintech firm Curlec. It’ll also enable Razorpay to offer cross-border payments for…
While it’s exciting to see new-age SaaS companies emerging, it’s also important to talk about those that have managed to pivot to the subscription-based business model successfully. India-based Netcore Cloud is one such company. Started at the time when the website boom had just started, it’s currently one of the leading Martech SaaS companies. What differentiates it further is the fact that it’s bootstrapped yet profitable. So, we were excited to talk with its founder and MD, Rajesh Jain about his journey of more than two decades, what makes Netcore Cloud different, and the way forward. PS: the interview has…
From big acquisitions to bigger funding rounds, the past week was full of action for the SaaS industry. And if you’re finding it difficult to find all the news that’s worth your attention, then read on… News of the week Citrix to be acquired by Vista and Evergreen/Elliott in a $16.5B all-cash deal, will be merged with Tibco to create SaaS powerhouse As the world is moving towards cloud and subscription model, we’re seeing a lot of consolidation among traditional players. Citrix has been acquired by PE firms Vista Equity Partners and Evergreen Coast Capital (it’s an affiliate of Elliott…
The ongoing pandemic has made the importance of digitization all the more important. That’s why it’s not surprising to see the rise of scheduling software for companies manage their employees and their shifts. And to do that for a specific category such as restaurants requires deep domain knowledge and insights. So it was an insightful conversation with Jordan Boesch, CEO and co-founder of 7shifts who incepted the scheduling software by understanding the issues first-hand at his father’s Quiznos restaurants. PS: the interview has been edited for the sake of brevity. 1) Could you share the origin story of 7shifts? 7shifts…
Bring your own device, or BYOD concept has been getting a lot of attention from enterprises over the past few years. And the ongoing pandemic has made it more important than ever. That’s why we are seeing an influx of Mobile Device Management (MDM) and Unified Endpoint Management (UEM) software. So, we were certainly excited to talk to Hexnode’s founder and CEO Apu Pavithran about his journey, the company’s evolution, and the way forward. PS: the interview has been edited for the sake of brevity. 1. Before we talk about Hexnode, could you share your journey into the world of…
The past week seemed like a funding blitzkrieg for the SaaS industry. We saw several companies raising significant investments to grow faster. All that and more in the latest edition of the SaaS weekly roundup. News of the week Plaid buys Cognito as it moves beyond merely connecting accounts Last year, Plaid was being acquired by Visa. While the deal was called off due to regulatory issues, the API tool that connects to people’s bank accounts is showing how it’s charting its future path. It has announced the acquisition of Cognito, which offers verification services. The deal is pegged at…
Forget unicorns, make way for decacorns. Yes, while unicorns may have become commonplace, we’re seeing several companies joining the decacorn club too. The past week was no different. Of course, we also saw some acquisitions, and news about companies planning their IPOs, among other things. So without any further ado, here’s everything that you need to know in the world of SaaS as per the last week’s happenings. News of the week Tiger Global-backed B2B packaging platfom Bizongo acquihires edtech firm Hexa Made-to-order platform Bizongo has announced the acquisition of Hexa, an ed-tech cloud platform for college placements. This is…
We’re just sitting at the beginning of 2022, but if the waves made by SaaS companies are to be seen, it’s evident that the year has a lot in store for us. From huge funding rounds to acquisitions, the past week had it all. So without further ado, here’s everything that happened in the last seven days and is worth your attention. News of the week Cloud software giant Blackbaud Acquires Everfi for $750million Blackbaud is a leading cloud software company providing services to non-profits, educational institutes, healthcare organizations, foundations, and more. It has announced the acquisition of Everfi, a…
Wishing you all dear readers a Happy New Year as we roll out the first edition of the SaaS weekly roundup for 2022. The past year has been exhilarating to say the least for the SaaS industry, and this year should be no different. While only time will tell what this year holds for us, for now, let’s take a look at the latest news, podcasts, and more that deserve your attention. News of the week IPO-Bound SaaS startup Capillary’s FY21 profit surged 82x to nearly INR 17crores India and Singapore-based Capillary Technologies has announced that it’ll be going public…
Welcome to the last SaaS weekly roundup of this year. And going by the happenings in the space, it’s evident that 2022 will continue to be the year of SaaS. So without any further ado, here’s everything that’s worthy of your attention. News of the week Oracle to buy medical records company Cerner in its biggest acquisition ever Database company Oracle has made its biggest acquisition ever as it announced an all-cash deal to buy electronic medical records company, Cerner. The deal is valued at $28.3billion and is expected to close in 2022. The buyout will strengthen Oracle’s cloud offering…