Saas Industry

AI-driven coding delivering real productivity gains, says Zoho's Vembu

Sridhar Vembu says AI-driven coding is making dramatic productivity gains and transforming software work, even as Zoho broadens its ambitions into deep-tech fields such as hardware and quantum sensing

Startups' reverse-flip plans taking a pause amid valuation reset, tax worry

Moderating valuations, US funding strength and lingering tax uncertainty are prompting SaaS and late-stage startups to delay plans to relocate headquarters back to India

Video Conferencing Cost Disruption: US Firm Offers Indian Enterprises Massive Annual Savings

AONMeetings launches in India with enterprise-grade platform at 80% lower cost than Zoom, attracts major corporations before official launch

Excelsoft Technologies IPO opens today: Check GMP, price band, key dates

Karnataka-based Excelsoft Technologies raised ₹150 crore from 10 institutional investors via an anchor book on November 18, 2025

Zoho launches Zia Hubs to harness AI from unstructured business data

Global technology company Zoho has unveiled Zia Hubs, designed to help organisations using Zoho WorkDrive to gain deeper business insights from various types of information, a top official said. Zia Hubs is part of the Zoho WorkDrive, and acts as a tool to extract intelligence from Unstructured Business Data. Zia Hubs is a foundational element of Zoho's long-term AI strategy, laying the groundwork for a future where intelligent agents can act contextually on content across the company's entire product suite. According to company CEO Mani Vembu, Zia Hubs bring a common model to company data, exposing unused information to powerful capabilities and services, including agentic AI, comprehensive analysis and accurate unified search. "According to IDC, 80 per cent of business data is unstructured. Most unstructured data is text-based, meaning pertinent information lives within email conversations, social media posts, word processor documents or audio and video transcripts," he said in a

Biz2x aims to secure ₹17,000 crore loan disbursal to MSMEs in FY26

Biz2X, a digital lending SaaS platform, is eyeing to disburse Rs 17,000 crore loans to MSMEs in 2025-26 against Rs 14,000 crore in the fiscal ended March 2025. The company said it facilitated over Rs 14,000 crore in loan disbursements through its India operations in 2024-25, continuing with the year-on-year growth of 25-30 per cent. The turnkey global SaaS platform enables financial institutions to provide a customised online lending experience for small and midsize business customers. This growth reflects the company's strong focus on AI-driven product enhancements and deeper solution integration, which is driving new customer acquisition and has strengthened lending infrastructure, said Rohit Arora, co-founder and CEO of Biz2X and Biz2Credit. "We see that if we can maintain the current pace of growth, then we can increase it by another 1520 per cent this fiscal year. Obviously, there are some areas of concern, especially with the global situation regarding US tariffs, because Ind

Perfios strengthens portfolio with IHX, its third acquisition this year

Goswami explained that deal would tackle ecosystem-level challenges such as lack of real-time transparency, inefficiencies in claim processing and the rising cost burden in healthcare for customers

From Amazon to Google: Global SaaS companies face fresh tax demands

Demands raised for FY22, FY23

Indian SaaS market likely to grow to $100 billion by 2035, says report

Digital-native businesses will increase their software spend from $4.6 billion in 2025 to $26 billion by 2035, as they build deeper digital capabilities

SaaS implementation delays result in business losses: Zoho, IDC report

While speed of implementation is critical, 75% of enterprises surveyed said they faced delays, resulting in an average time overrun of 57% and a cost overrun of 43%

SaaS unicorn Perfios acquires financial crime management company Clari5

The company said the acquisition strengthens its fraud and risk management (FRM) capabilities and drives product-led synergies. Perfios said the move solidifies its presence across key global markets

IIMs develop framework for SaaS adoption in capital markets, banking sector

Researchers at Indian Institute of Management (IIM) at Lucknow, Amritsar and Kashipur have combined to develop a new framework to guide the country's capital market players and banking sectors in adopting technologies that would enable them to use software without installing them. Referred to as Software-as-a-Service (SaaS) technologies, these are cloud-based services that deliver software applications over the Internet, eliminating the need for organisations to install and maintain software on their own servers. While SaaS is widely used globally, its adoption in India, particularly among regulated industries, has been slow. The research delves into the reasons for this hesitation and offers insights into how firms can assess risks involved in adopting SaaS. The research has been published in the prestigious Journal of Organisational Computing and Electronic Commerce. "Popular SaaS applications include Google Drive and Microsoft 365. While SaaS offers cost savings and flexibility,

Kovai.co acquires Bengaluru-based business-to-consumer SaaS company Floik

This strategic move aims to enhance the capabilities of Kovai.co's artificial intelligence (AI)-powered knowledge management software

UnifyApps raises $20 mn Series A to deliver AI agents across enterprise

UnifyApps integrates deeply with all SaaS applications within an enterprise, making it easy for enterprises to view and manage all their data in a single place

IBM acquires Prescinto for renewable energy asset performance management

Prescinto's APM capabilities help organisations simplify operations and maintenance to maximise ROI

AI will overhaul CX, downsize teams, believe 89% industry leaders: Report

Around 92 per cent of Indian industry leaders believe that AI is fundamentally altering everything they know about CX, according to the Zendesk study

Indian SaaS sector likely to reach a market size of $50 billion by 2030

Amongst the surveyed organisations, 99 per cent of firms in India said that they plan to increase their cyber budgets, with half of them anticipating a 6-15 per cent rise

B2B SaaS firm Rocketlane raises $24 million in Series-B funding round

The firm claims that the latest funding comes even as it has $11 million in reserves. In total, it has raised $45 million in funding to date

SaaS major Zoho Corporation announces an updated 'CRM For Everyone'

Currently in a beta phase, Zoho plans a full roll out by the end of 2024

Oracle doubles down on artificial intelligence investments in India

Oracle Database 23ai, the latest release of Oracle's converged database, is in line with the company's sharp focus on AI