Zenwork, a provider of digital tax compliance and regulatory reporting fintech SaaS platform for businesses everywhere, has successfully raised over INR 1200 Crores from Spectrum Equity, a growth equity firm focused on internet-enabled software and information services companies. According to a statement, “The investment will enable Zenwork, operating the brands Tax1099 and Compliancely, to accelerate…
Pickrr, a SaaS-based logistics start-up, has announced the unveiling of four more fulfilment centers in Ghaziabad, Lucknow, Guwahati, and Hyderabad, taking the total number to ten across the country. The company plans to launch six more hubs in November and December 2021. Currently, Pickrr has its presence in Gurgaon, Mumbai, Bangalore, Kolkata, Ghaziabad, Lucknow, Guwahati,…
Pagos, a data and insight SaaS platform tailored to drive performance and optimization of their customers’ existing payments infrastructure, has announced $10M in new seed funding. The investment round was led by Underscore VC and Point72 Ventures alongside investors and executives including Amit Jhawar (former GM of Venmo), Bill Ready (President of Commerce, Payments &…
Fieldproxy, a SaaS platform, has said that it has secured Rs 2 crore in its seed round. The fresh funding round saw participation from 2am VC, LetsVenture, and magic.fund, among others. Speaking on the announcement, Ninad Karpe, Partner, 100X.VC, commented, “As the first institutional investor in Fieldproxy, we are delighted to see the response from…
Dukaan, a SaaS platform that enables merchants with zero programming skills to set up their e-commerce store, has said that it has secured $11 million in the 640 Oxford Ventures led pre Series A round. The fresh funding round saw participation from existing investors including Snow Leopard Ventures, Matrix Partners India and Lightspeed Partners. Venture…
Dukaan, a SaaS platform that enables merchants with zero programming skills to set up their e-commerce store, has announced that it will hire over 100 engineers for various roles for its Bengaluru office. With this move, the company will be able to strengthen its core engineering team to over 150 members. “In coming years, over…
Litera, a global provider of legal technology solutions, has announced that it has completed the acquisition of UK-based Objective Manager, a SaaS strategic planning and performance platform for the legal market. Objective Manager is a multi-tenant SaaS platform for strategic planning, performance management, and talent engagement in law firms. “We are committed to investing heavily…
UK-based automation solutions company Enate recently announced that it has raised $2.8mn in a Series A funding round led by Northern Venture Capital Trust (VCT) Funds. The company said that the investment will allow it to further develop its platform and expand its customer base and distributor network across Europe and Asia. Enate provides a…
SaaS startup Syncari recently announced that it has raised $6.5mn in total seed funding led by SignalFire. With the new capital, the company plans to accelerate its customer acquisition plans. Along with the investment, Ilya Kirnos of SignalFire and Ross Mason of Dig Ventures join the company board. The company had earlier raised pre-seed investment…
San Francisco-based application programme interface (API) development platform Postman recently announced that it has raised $150mn in a Series C funding round. The funding round was led by US-based venture capital fund Insight Partners. Existing investors CRV and Nexus Venture Partners also participated in the round. Postman secured the recent funding at a $2bn valuation,…
EmpMonitor, an employee monitoring SaaS platform, recently announced that it is planning to ramp up hirings and will hire about 100 people by the end of the year 2020. EmpMonitor is a global provider of employee monitoring, insider threat prevention, and data loss prevention software solutions. The company said in a statement that the new…
As job losses across industries have increased due to the coronavirus crisis, Delhi-based logistics SaaS platform, FarEye announced that it has expanded its manpower with remote hiring by over 12%. The recruitment is fuelled by the surge in usage of FarEye’s platform for delivering essential goods amid the lockdown. The company has successfully maintained and…
B2B SaaS platform Templafy recently announced that it has raised $25mn in its Series C funding round led by global venture capital and private equity firm Insight Partners. With Insight Partners at the helm, the additional funding involved participation from Dawn Capital, Seed Capital, and Damgaard Company, bringing the total external capital raised to almost…
Philadelphia-based collaborative knowledge management platform Guru recently announced that it has raised $30mn in Series C funding round. The round was led by Accel with participation from Emergence Capital, Thrive Capital, FirstMark Capital, Slack and Michael Dell’s MSD Capital. According to Crunchbase, the recent fund infusion brings the company’s total raised to nearly $71mn. Earlier…
The coronavirus pandemic has proved to be a pain in the back of businesses, especially new-age startups. The pandemic followed by a nationwide lockdown has severely affected the businesses and operations of many organizations that are now finding it hard to tide over the unprecedented crisis. Companies have now resorted to tough cost-cutting measures in…