{"id":8830,"date":"2022-01-03T08:06:48","date_gmt":"2022-01-03T02:36:48","guid":{"rendered":"https:\/\/www.saasworthy.com\/blog\/?p=8830"},"modified":"2022-01-03T12:03:35","modified_gmt":"2022-01-03T06:33:35","slug":"saas-weekly-roundup-1-ipo-bound-capillary-technologies-announces-inr-17crores-profit-paradox-becomes-a-unicorn-and-more","status":"publish","type":"post","link":"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-1-ipo-bound-capillary-technologies-announces-inr-17crores-profit-paradox-becomes-a-unicorn-and-more","title":{"rendered":"SaaS weekly roundup #1: IPO-bound Capillary Technologies announces INR 17crores profit, Paradox becomes a unicorn, and more"},"content":{"rendered":"\n<p>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&#8217;s take a look at the latest news, podcasts, and more that deserve your attention.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_17 counter-hierarchy counter-decimal ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-1-ipo-bound-capillary-technologies-announces-inr-17crores-profit-paradox-becomes-a-unicorn-and-more\/#News_of_the_week\" title=\"News of the week\">News of the week<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-1-ipo-bound-capillary-technologies-announces-inr-17crores-profit-paradox-becomes-a-unicorn-and-more\/#SaaS_companies_that_got_the_funding_this_week\" title=\"SaaS companies that got the funding this week\">SaaS companies that got the funding this week<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-1-ipo-bound-capillary-technologies-announces-inr-17crores-profit-paradox-becomes-a-unicorn-and-more\/#Must_reads\" title=\"Must reads\">Must reads<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-1-ipo-bound-capillary-technologies-announces-inr-17crores-profit-paradox-becomes-a-unicorn-and-more\/#Listen_to\" title=\"Listen to\">Listen to<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-1-ipo-bound-capillary-technologies-announces-inr-17crores-profit-paradox-becomes-a-unicorn-and-more\/#Watch\" title=\"Watch\">Watch<\/a><\/li><\/ul><\/nav><\/div>\n<h2 id=\"news-of-the-week\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"News_of_the_week\"><\/span>News of the week<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><a href=\"https:\/\/inc42.com\/buzz\/capillarys-fy21-profit-surged-82x-to-nearly-inr-17-cr\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>IPO-Bound SaaS startup Capillary\u2019s FY21 profit surged 82x to nearly INR 17crores<\/strong><\/a><\/p>\n\n\n\n<p>India and Singapore-based <a href=\"https:\/\/www.saasworthy.com\/product\/capillary-engage-plus\" target=\"_blank\" aria-label=\"Capillary Technologies (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\">Capillary Technologies<\/a> has announced that it&#8217;ll be going public soon. In its prospectus, it highlighted that its revenue has declined, though the net profit increased 82 times to Rs 16.94crores in comparison to the previous financial year. The company aims to raise Rs 850crores via IPO.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.wsj.com\/articles\/sensetime-shares-jump-in-hong-kong-market-debut-11640842080\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>SenseTime shares jump in Hong Kong market debut<\/strong><\/a><\/p>\n\n\n\n<p>Artificial intelligence company SenseTime made its debut in the Hong Kong public market with its shares closing 7.3 percent above the IPO price. Valued at $17.6billion, the company sold its shares at HK$3.85.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.prnewswire.com\/news-releases\/china-famous-saas-company-op-retail-is-now-going-globally-after-2-rounds-of-funding-301451429.html\" target=\"_blank\" aria-label=\"China famous SaaS company OP Retail is now going globally after 2 rounds of funding (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\"><strong>China famous SaaS company OP Retail is now going globally after 2 rounds of funding<\/strong><\/a><\/p>\n\n\n\n<p>We&#8217;ve mentioned quite often that SaaS and China aren&#8217;t used in the same sentence usually. But things are seemingly changing. China&#8217;s retail solution provider OP Retail is now aiming to go global after raising Series B investment in 2020. It has a presence in 30 countries already, and will now expand to South Africa, the United States, and the United Kingdom.<\/p>\n\n\n\n<h2 id=\"saas-companies-that-got-the-funding-this-week\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"SaaS_companies_that_got_the_funding_this_week\"><\/span>SaaS companies that got the funding this week<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><a href=\"https:\/\/siliconangle.com\/2021\/12\/28\/recruiting-startup-paradox-valued-1-5b-following-200m-funding-round\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Recruiting startup Paradox valued at $1.5billion following $200million funding round<\/strong><\/a><\/p>\n\n\n\n<p>Paradox is an AI-based conversational software for hiring. It has nabbed $200million in funding to become a unicorn with a valuation of $1.5billion. Its AI assistant is dubbed Olivia which can automate different tasks for hiring candidates. The company will be using the amount to expand its sales, marketing, and product teams.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.pymnts.com\/news\/investment-tracker\/2022\/transigo-snags-70-million-funding-israeli-companies\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Transigo snags $70million in funding from Israeli companies<\/strong><\/a><\/p>\n\n\n\n<p><a aria-label=\"POS SaaS (opens in a new tab)\" href=\"https:\/\/www.saasworthy.com\/list\/pos-software\" target=\"_blank\" rel=\"noreferrer noopener\" class=\"ek-link\">POS SaaS<\/a> platform Transigo has secured $70million in funding. Led by Israeli firms E.N. Shoham Business Ltd. and Nawi Brothers, the company will be expanding its point-of-sale platform to major B2B marketplaces of Asia.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">New Year New Features! You&#39;re probably going to be working on something new this year, perhaps a new feature or a new product. How do you come up with the best solutions?<br><br>Here are a few ideation methods that will help you think more creatively:<\/p>&mdash; Jon Yongfook (@yongfook) <a href=\"https:\/\/twitter.com\/yongfook\/status\/1477819012197195779?ref_src=twsrc%5Etfw\">January 3, 2022<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<h2 id=\"must-reads\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Must_reads\"><\/span>Must reads<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><a href=\"https:\/\/economictimes.indiatimes.com\/tech\/information-tech\/newly-minted-desi-unicorns-out-to-reshape-the-saas-space\/articleshow\/88656076.cms\" target=\"_blank\" rel=\"noreferrer noopener\">Newly minted Indian unicorns out to reshape the SaaS space<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/economictimes.indiatimes.com\/small-biz\/sme-sector\/saas-tech-building-for-india-winning-the-world\/articleshow\/88516702.cms\" target=\"_blank\" rel=\"noreferrer noopener\">SaaS tech: Building for India, winning the world<\/a><\/p>\n\n\n\n<h2 id=\"listen-to\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Listen_to\"><\/span>Listen to<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Reimagining HRMS and winning against legacy companies<\/strong><\/p>\n\n\n\n<iframe src=\"https:\/\/www.listennotes.com\/podcasts\/saasboomi\/reimagining-hrms-winning-WRPYfygnT7d\/embed\/\" height=\"170px\" width=\"100%\" style=\"width: 1px; min-width: 100%;\" loading=\"lazy\" frameborder=\"0\" scrolling=\"no\"><\/iframe>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/list\/hr-software\" target=\"_blank\" aria-label=\"HR software (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\">HR software<\/a> space is quite crowded, yet India&#8217;s Darwinbox has managed to carve a niche for itself in the Southeast Asian market. It even got Salesforce Ventures&#8217; attention for its recent funding round. In this podcast, its co-founder Rohit Chennamaneni shares the early journey of <a href=\"https:\/\/www.saasworthy.com\/product\/darwinbox\" target=\"_blank\" aria-label=\"Darwinbox (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\">Darwinbox<\/a>, how they generate leads, how various regions in SEA differ, and more.<\/p>\n\n\n\n<p><strong>How to scale outbound sales with the CROs of Outreach, Malwarebytes, HubSpot, and Seismic<\/strong><\/p>\n\n\n\n<iframe src=\"https:\/\/www.listennotes.com\/podcasts\/the-official\/saastr-513-how-to-scale-LWu_BA7NZI2\/embed\/\" height=\"170px\" width=\"100%\" style=\"width: 1px; min-width: 100%;\" loading=\"lazy\" frameborder=\"0\" scrolling=\"no\"><\/iframe>\n\n\n\n<p>Scaling outbound sales is difficult, yet important for a SaaS company to grow. In this podcast, leaders from companies like <a href=\"https:\/\/www.saasworthy.com\/product\/outreach\" target=\"_blank\" aria-label=\"Outreach (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\">Outreach<\/a> and <a href=\"https:\/\/www.saasworthy.com\/product\/hubspot-crm\" target=\"_blank\" aria-label=\"HubSpot (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\">HubSpot<\/a> share their learnings, how to make the right hires, and the importance of BDRs, among others.<\/p>\n\n\n\n<p><strong>How to run a data business<\/strong><\/p>\n\n\n\n<iframe src=\"https:\/\/www.listennotes.com\/podcasts\/the-saas\/how-to-run-a-data-business-eHlh8sKErCS\/embed\/\" height=\"170px\" width=\"100%\" style=\"width: 1px; min-width: 100%;\" loading=\"lazy\" frameborder=\"0\" scrolling=\"no\"><\/iframe>\n\n\n\n<p>SafeGraph&#8217;s CEO Auren Hoffman shares all about running a data business in this podcast. He shares the evolution of SafeGraph and why narrow focus on places data helped them to stand out in the market.<\/p>\n\n\n\n<h2 id=\"watch\" class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Watch\"><\/span>Watch<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>How To innovate faster with community: insights from GitLab CEO Sid Sijbrandij<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"How To Innovate Faster with Community: Insights From GitLab CEO Sid Sijbrandij\" width=\"788\" height=\"443\" src=\"https:\/\/www.youtube.com\/embed\/nK8kL3uG6Fk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.saasworthy.com\/product\/gitlab\" target=\"_blank\" aria-label=\"GitLab (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\">GitLab<\/a> is one of the largest remote organizations in the world. It also went public last year. But another secret of its success is community. In this video, its CEO Sid Sijbrandij discusses how they co-created the product with community, which was faster and efficient too. He also shares the company&#8217;s journey, and how they chose a business model.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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,<\/p>\n","protected":false},"author":3,"featured_media":8831,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":2,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[24],"tags":[],"class_list":{"0":"post-8830","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-saas-weekly-roundup"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SaaS weekly roundup #1: IPO-bound Capillary Technologies announces INR 17crores profit, Paradox becomes a unicorn, and more - SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; Trends in SaaS<\/title>\n<meta name=\"description\" content=\"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\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-1-ipo-bound-capillary-technologies-announces-inr-17crores-profit-paradox-becomes-a-unicorn-and-more\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SaaS weekly roundup #1: IPO-bound Capillary Technologies announces INR 17crores profit, Paradox becomes a unicorn, and more - SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; Trends in SaaS\" \/>\n<meta property=\"og:description\" content=\"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\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-1-ipo-bound-capillary-technologies-announces-inr-17crores-profit-paradox-becomes-a-unicorn-and-more\" \/>\n<meta property=\"og:site_name\" content=\"SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; Trends in SaaS\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/saasworthy\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-03T02:36:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-01-03T06:33:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dev.saasworthy.com\/blog\/wp-content\/uploads\/2022\/01\/SaaS-Weekly-roundup-1-SaaSworthy.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nitansh Rastogi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@saasworthy\" \/>\n<meta name=\"twitter:site\" content=\"@saasworthy\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nitansh Rastogi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-1-ipo-bound-capillary-technologies-announces-inr-17crores-profit-paradox-becomes-a-unicorn-and-more\",\"url\":\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-1-ipo-bound-capillary-technologies-announces-inr-17crores-profit-paradox-becomes-a-unicorn-and-more\",\"name\":\"SaaS weekly roundup #1: IPO-bound Capillary Technologies announces INR 17crores profit, Paradox becomes a unicorn, and more - SaaSworthy Blog | Top Software, Statistics, Insights, Reviews &amp; Trends in SaaS\",\"isPartOf\":{\"@id\":\"https:\/\/dev.saasworthy.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-1-ipo-bound-capillary-technologies-announces-inr-17crores-profit-paradox-becomes-a-unicorn-and-more#primaryimage\"},\"image\":{\"@id\":\"https:\/\/dev.saasworthy.com\/blog\/saas-weekly-roundup-1-ipo-bound-capillary-technologies-announces-inr-17crores-profit-paradox-becomes-a-unicorn-and-more#primaryimage\"},\"thumbnailUrl\":\"https:\/\/dev.saasworthy.com\/blog\/wp-content\/uploads\/2022\/01\/SaaS-Weekly-roundup-1-SaaSworthy.jpg\",\"datePublished\":\"2022-01-03T02:36:48+00:00\",\"dateModified\":\"2022-01-03T06:33:35+00:00\",\"author\":{\"@id\":\"https:\/\/dev.saasworthy.com\/blog\/#\/schema\/person\/0a908a8cb79f924b90d6749d3c1f7f0f\"},\"description\":\"Wishing you all dear readers a Happy New Year as we roll out the first edition of the SaaS weekly roundup for 2022. 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