Cornerstone Ventures will make a higher quantum of investments in Indian SaaS startups as it believes that the scale of the SaaS startup ecosystem in India is only going to get bigger.
Indian SaaS company Zoho is reportedly planning to invest US$700 million in semiconductor manufacturing. If true, this could mark another case of an Indian company entering the semiconductor sector. In terms of funding, this investment should be in the IC backend domain.
software IPO destination: India Ahoy! India as a software IPO destination indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
After SaaS success, Girish Mathrubootham now wants to ride AI wave indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.