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Rubrik: In 2 years, market will sort out high quality companies: Rubrik cofounders

The US software company said it has 900 employees in Bangalore, India, developing products for the globe from here. Rubrik has hired engineers, product managers, and UX designers in India along with setting up a significant chunk of its customer service team out of India.

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arun mathew: AI push is forcing rationalisation in other parts of business: Accel s Arun Mathew

Arun Mathew of Accel discusses the impact of Covid on the SaaS ecosystem, the potential for IPOs, and the success of Accel s investments in the Indian market, including Flipkart and Freshworks.

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ED seeks look out notice against Byju Raveendran

The Directorate of Enforcement has asked the Bureau of Immigration to issue a look out circular against Raveendran, sources told ET. The central agency approached BOI earlier this month to issue a fresh LOC to ensure that he does not leave the country.

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SaaS startup fund Upekkha makes first close at $15 million of $40 million fund

SaaS startup fund Upekkha makes first close at $15 million of $40 million fund
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Upekkha: SaaS accelerator Upekkha announces first close of $40 million VC fund

The fund was created with a leading investment from WestBridge Capital, among other limited partners including Godard Abel, founder and CEO of G2, a business-to-business marketplace that ranks SaaS companies.

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