TeamLease RegTech, a subsidiary of TeamLease companies, has developed a software program as a service (SAAS) platform which helps meals and agriculture companies to care for compliance of varied legal guidelines of the land. For instance, a meals firm has to adjust to Meals Security and Requirements Authority of India (FSSAI) legal guidelines. It has … Read more
OpenText Cybersecurity has launched Carbonite cloud-to-cloud backup resolution in India to guard business-critical information saved on third-party SaaS (software-as-a-service) functions akin to Microsoft 365, Salesforce, Google Workspace, Dropbox or Field. The answer gives backup and restoration choices by a neighborhood information centre in Mumbai to scale back latency points when assembly information sovereignty and compliance … Read more
Unified API platform, Knit, has raised $1 million in a seed funding spherical led by Endiya Companions, together with participation from Axilor Ventures and angel buyers. Additionally learn:Begin-ups want a curated company governance framework As per the SaaS startup, the funding shall be used to boost product capabilities and incorporate Gen AI applied sciences to … Read more
Vodex, a GenAI firm, has raised $2 million in a seed spherical from Unicorn India Ventures, and Pentathlon Ventures. The funds raised will probably be used for world enlargement. The corporate mentioned it plans to increase enterprise by not less than 4 instances within the subsequent 12 months. Vodex has beforehand raised a pre-seed spherical … Read more
The evolution from SaaS (software-as-a-service) to Synthetic Intelligence-enabled SaaS is at present underway and is including nearly $60 billion internet new TAM (complete addressable market) to the sector, trade executives mentioned on Thursday at ‘SaaSBoomi 2024’, a two-day occasion organised by software program merchandise group SaaSBoomi to facilitate VC conferences and host discussions round constructing world … Read more
Louisa AI, an AI-powered platform, has secured $5 million in seed funding to reinforce its expertise designed to systematise “serendipity” in skilled settings. Originating from an idea at Goldman Sachs in 2018, Louisa AI leverages community results to create enterprise connections for gross sales and deal-making. . Rohan Physician, founding father of Louisa AI, stated, … Read more
India is without doubt one of the quickest rising markets for Oracle’s Software program as a Service(SaaS) enterprise, as companies throughout verticals are diving deeper of their transformation journeys, leading to elevated adoption of all SaaS choices, stated Sunil Wahi, Vice-President of APAC Answer Engineering, Purposes, Oracle. Oracle is seeing investments in transformation programmes being … Read more
Expertise main Oracle is assured of recording steady triple digit development for the subsequent two to 3 years. The corporate is on observe to double its buyer base in India within the subsequent three to 5 years, stated Shailender Kumar, senior vice chairman and regional managing director, Oracle India and NetSuite JAPAC. Oracle is seeing … Read more
Nordic Capital has acquired a majority share in Zafin, a number one supplier of SaaS core modernisation and transformation options for monetary establishments world wide. Headquartered in Vancouver, Canada, Zafin has workplaces world wide together with in Chennai and Thiruvananthapuram. Zafin is an business chief recognized for its progressive method to financial institution core modernisation. … Read more
Oracle Monetary Providers (OFSS) has been within the information in current weeks after posting robust Q3 outcomes, submit which the inventory moved up by round 40 per cent in two days. The corporate shocked considerably on the upside in its Q3 outcomes throughout the board — income, margins and deal wins, reflecting structural energy in … Read more