Several bulge-bracket Software-as-a-Service (SaaS) agreements are expected to close in the coming months as risk investors continue to encourage Indian cross-border enterprises that are developing solutions that attract international clients. Chargebee, which has offices in both India and the United States, is in talks to raise new financing at a valuation of $3-3.5 billion, more than double its previous valuation. Chargebee, which helps firms with billing, subscription, and revenue management, is expected to be backed by existing investors Tiger Global and Sequoia Capital. San Francisco-based healthcare SaaS Company, Innovaccer is…

Alphalogic Techsys Limited, a Pune-based boutique software consulting firm, is slated to become the first startup to move from the BSE Startup Platform to the BSE Mainboard. The date of the listing is set on December 16, 2021. In September 2019, Alphalogic Techsys became the first startup to list on the BSE Startup Platform. In August 2019, Alphalogic Techsys Ltd held an initial public offering (ipo) to attract capital. Alphalogic Techsys’ stock has returned 212 percent to investors since its initial public offering in September 2019. On Tuesday, the shares…

Smart water meter maker and IoT-enabled integrated water management startup WeGot has raised Rs 10.81 crore from a clutch of investors WeGot provides IoT devices and softwares to track real time flow of water WeGot, a manufacturer of smart water metres and an IoT-enabled integrated water management startup, has raised Rs 10.81 crore from a group of investors, including HDFC Capital. This would be the Chennai-based company’s second financing in 2021. In June, it raised Rs 8 crore from angel investors. WeGot has raised Rs 10.81 crore by issuing 9,029…

Homegrown edtech startup BYJU’S is now the 13th most valuable startup in the world, as per CB Insights’ latest unicorn tracker. The Byju Raveendran-owned decacorn is presently valued at $21 billion, making it the most valuable edtech company in the world. BYJU’S is followed by Yuanfudao, a Chinese edtech company valued at $15.5 billion. The rise of the Bengaluru-based startup has been particularly noteworthy in the last 20 months, when education became digital-first as a result of the COVID-19 pandemic’s compulsions. Byju Raveendran is the founder and CEO of BYJU’s. BYJU’S not…

India has witnessed several number of unicorn startups this year, thanks to a record-breaking round of funding for Indian entrepreneurs across all industries. Already, 40 Indian startups have joined the unicorn club. Over $38.4 billion has been raised as of December 4th, with many rounds expected to produce Indian unicorns in 2021. Here are top 5 startups made into the prestigious club Digit Insurance+-  Digit Insurance, a Bengaluru-based insurtech startup, was the first to join the Indian unicorn club in 2021. In January, the company secured $18 million (INR 135…

90+ My Tuition app to hire 3000 people in FY 2023 The App has witnessed a rise in its user base recently. 90+ edtech startup to support its growth and expansion plans within India, My Tuition App said on Monday that it will hire more than 3,000 people across the country the first quarter of 2022-23. The start-up said in a statement that with the debut of the 13 State Education Boards and CBSE curriculum on its app, it has seen a jump in its user base. The recruitment will…

BharatX, a fintech platform, has raised $250k in a pre-seed round sponsored by Java Capital and LetsVenture. Anupam Mittal, Ritesh Jain, Faiz Mayalakkara, and Amit Kumar Singh were among the angels who took part in the round. The company was also a member of the 2021 Lightspeed Extreme Entrepreneurs Cohort. BharatX, founded in 2019 by Mehul Nath Jindal, Eeshan Sharma, Shyam Murugan, and Siddharth Venu, is a white label provider of embedded credit experiences on consumer facing platforms in India. With BharatX technology, the company also offers pay later for…

Spinny recently became a Unicorn with the closing of a $283 million Series-E round of funding The company said it has chosen to work with the universal role model who stands for performance, resilience, and continuous improvement. Former indian cricketer Sachin Tendulkar has joined Spinny, a pre-owned automobile retailing platform, as a strategic investor and lead brand endorser, the startup announced on Tuesday. However, Tendulkar’s investment in the company  was not disclosed by Spinny. Spinny has become a Unicorn after closing a $283 million Series-E round of fundraising, bringing the platform’s…

As India’s e-grocery market grows, Walmart-owned Flipkart announced on Monday that it will invest $145 million in agritech startup Ninjacart, which has helped over 1,00,000 farmers in 150 areas increase their revenue. The third round of financing will empower millions of agri-value chain participants, including farmers, resellers, retailers, consumers, and supply chain participants. According to the company, the third round of financing will empower millions of agri-value chain participants, including farmers, resellers, retailers, consumers, and supply chain participants. Over the last two years, Ninjacart has made major investments in technology…