Indraneel Fuke

Indian SaaS firms should take a cautious yet strategic approach to their growth and expansion plans into new markets as the focus has shifted from driving rampant growth to driving operational efficiency and profitability Read More: https://lnkd.in/gA_X62wN Annurag Batra | Tanvie Ahuja | Noor Fathima Warsia #IndianSaaS #BusinessExpansion #MarketStrategy #TechInnovation #GlobalGrowth

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I'm excited to share that a detailed article on the impact of GST on startups is now available on https://lnkd.in/eKbpfRqV. This article delves into how GST has transformed the business landscape for startups, simplifying tax responsibilities and encouraging growth. Why this matters? Since its introduction, GST has significantly enhanced the way new businesses operate in India. By consolidating various indirect taxes into one streamlined system, GST has minimized complex paperwork and integrated modern businesses into the formal economy. Key insights for you 👉 : 1️⃣ In-depth analysis: the article provides detailed examples and case studies demonstrating the operational and financial benefits of GST. 2️⃣ Practical benefits: it highlights the ease of tax registration, the advantages of a unified tax system, and the substantial benefits of input tax credits. 3️⃣ Sector-specific impacts: discover how different sectors within the startup ecosystem are utilizing GST to improve compliance and efficiency. This article not only outlines these key points but also provides practical advice and insights for startups navigating the complexities of GST. I would really appreciate it 🙏, if you could share your thoughts or give feedback on this article in the comments 👇 . #GST #Startups #BusinessGrowth #TaxSimplification #Rainex_io #Finance #BusinessStrategy

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.406 Ventures is a venture capital firm that seeks to invest in business to business, commercial services, healthcare, information technology, SaaS, cybersecurity, big data, financial technology, artificial intelligence, & digital health sectors. They also invest in data & cloud sectors with investments ranging between USD 2 million to USD 18 million in 20 to 25 companies. https://lnkd.in/gec3GtgR #venturecapital #firm #investors #enterprenuers #founders #innovators

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IvyCap Ventures Advisors Private Limited, an early-stage startup #capital firm, has declared that the third fund’s final closing was at Rs 2,100 crores. The company intends to invest via this fund in roughly 25 early-stage #firms, with an average initial investment of Rs 30–50 crore. About 50 businesses in industries including health, consumer, deeptech, fintech, edtech, agritech, and spacetech have received #investments from FIvyCap Ventures. Promising start-ups, in addition to funding, could receive invaluable advice and scale-up support within the IvyCap Ventures #ecosystem under the Mentorship Program. Founded in 2011, IvyCap Ventures is one of India’s leading homegrown venture capital funds leveraging IIT and IIM alumni #networks to power the Indian startup ecosystem. Vikram Gupta Ashish Wadhwani Anju Gupta Vishal Gauri To share your startup story write us on - [email protected] #ivycapventures #startup #venturecapital

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🚀 Global Capability Centers (GCCs) are shaping the future of SaaS! Rostow Ravanan, ex-CEO of Mindtree, on how India's 1,800+ GCCs are transforming SaaS growth. 💡 Why this matters for SaaS companies: 1️⃣ Faster Scaling: GCCs streamline SaaS adoption within global enterprises. 2️⃣ Game-Changing Partnerships: Collaborate with GCCs like Bosch India on cutting-edge projects in retail, healthcare, and more. 3️⃣ Innovation at Scale: Access data, resources, and problem statements to build better SaaS

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The Future of Medicine Deliveries: Empowering Local Pharmacies with Sahayata24x7 As quick commerce reshapes retail, industries like grocery and healthcare are witnessing rapid transformations. India’s quick commerce market is projected to reach USD 40 billion by 2030, according to The Economic Times. This trend signals a shift in consumer behavior, driven by the demand for speed and convenience. Similarly, the medicine delivery market is evolving, with major players vying for dominance. Local pharmacies, which have traditionally served as community healthcare pillars, must now adapt to meet changing expectations or risk being left behind. Challenges Faced by Local Pharmacies Local pharmacies are renowned for their personalised service and trusted advice, but they face several challenges: Shifting Consumer Habits: Customers increasingly expect online ordering and home delivery alongside personalised care. Intensified Competition: Larger platforms leverage technology and logistics to expand reach and provide unmatched convenience. Sahayata24x7: Empowering Local Pharmacies At Sahayata24x7, we recognize the vital role local pharmacies play in healthcare. Our hyperlocal healthcare e-commerce marketplace helps them embrace the digital shift while retaining their local essence. Key Benefits for Pharmacies: Digital Presence: Seamlessly take operations online, reaching a broader audience without losing personal connections. Hyperlocal Model: Connect with nearby customers, ensuring faster deliveries and fostering trust. Streamlined Ordering: Enable customers to upload prescriptions or reorder medicines with ease. Pharmacist-Recommended Alternatives: Pharmacists can suggest substitutes for unavailable medicines, ensuring uninterrupted care. Tailored Promotions: Create custom offers to boost customer loyalty and sales. Future-Proofing Local Pharmacies The rise of e-commerce doesn’t mean the end of local pharmacies—it’s an opportunity to evolve. Sahayata24x7 bridges traditional strengths and modern consumer needs, ensuring that pharmacies remain integral to their communities while thriving in a competitive landscape. Join the Sahayata24x7 Network The time to act is now. Local pharmacies must adapt to meet changing consumer habits and embrace the future of medicine delivery. Sahayata24x7 invites pharmacy owners to join a platform designed to keep their businesses relevant and successful. #QuickCommerce #FastDeliveries #FutureOfRetail #ECommerceRevolution #SpeedAndConvenience #HyperlocalCommerce #DigitalRetail #QuickCommerceIndia #Sahayata24x7 #HealthcareMarketplace #HyperlocalHealth #MedicineDelivery #PharmacySolutions #DigitalHealthcare #ConvenientHealthcare #LocalPharmacySupport #EmpoweringLocal #SupportLocalPharmacies #HealthAtYourDoorstep #HealthTech #OnlinePharmacy #FutureOfRetailHealthcare

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What is Anuvadini | Make in Bharat AI Translation Tool Revolutionizing Education & Skills . Listen from Anuvadini CEO Buddha Chandrasekhar https://lnkd.in/dQExy2Rq #Anuvadini #MakeinIndia #NEP2020 #Skilling #IndianEducation #MinistryofEducation AICTE

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Since the launch of our Indian Venture Debt Report 2024, "Silent Bloom: Venture Debt’s Growing Influence," last week, we have seen growing interest from both investors and startups about the market and its evolution over the past few years.    In case you have missed it, read the press release here: https://lnkd.in/dG_-BncY   India's startup ecosystem holds immense potential, and our report uncovers how venture debt funding is playing a pivotal role in driving its development, particularly in sectors such as FinTech and Electric Vehicles (EV) Mobility. We believe that private credit strategies such as venture debt will be crucial in the years to come in fostering innovation and driving economic development and look forward to supporting India's SMEs and Startups with our LC Venture Debt Fund.  Shilpi Chowdhary, Prashant Tandon, Sumegh B., Audrey Tang, Sanket Sinha, Sunil Garg, Antoine Bracq, Dinesh Gogia, Charu Sheel Kunwar, Himangshu Baruah, Manas Chadha, Varun Kalsi, Charlene L., Stella Lau, Amrit Singh, Balaji Prasanna, Henrik Aslaksen, Harish Chowdhary, Atul Bhardwaj, Ankit Agrawal, Ashish Jain, Neelaksh Arora, Won-Ki Kim, Pradeep Gupta, Devesh Wadhwani, Ratna Sharma, Anjali Modi, Salil Thanawala, Archit Garg, Ami Sampat, Prosenjit Ganguly, Ritesh Gupta, Akshay Zutshi, Roshni Agrawal, Subroto Chakraborty, Samantha Lynch #VentureDebt #LighthouseCanton #Fintech #EVMobility #IndiaStartups #PrivateCredit #Insights #IndustryReport #Report #LCVentureDebtFund #IndiaVentureDebtReport2024

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I have been a firm believer and quite vocal about the "only" exit strategy apart from M&A for Indian born and bred #saas companies at sub $20m scale. The best outcome is an exit is an IPO in India. Like the services businesses of 90's I see a lot more companies going public in the next 18-24 months. Not all #saas can grow to 100m and subsequently 10x again to 1b ARR scale. Only a few verticals globally can achieve this scale. VC's were blinded by the boom and gave insane valuations which unfortunately is making going public a nightmare in India. If old school venture funding prevailed and we never had 2021, a lot more could have already been public. So why India and why public? Isn't it a nightmare to run a publicly listed company? Not really. A lot of myth busting needs to be done. Also a lot of regulatory framework is just now coming into place. Also it is indeed true the company should be somewhere close to being EBITA +ve. Having spoken to bankers, auditors and lawyers about this topic in depth, below are the reasons you should IPO in #india - Atleast 10x cheaper than going public in the US - Can go public from $10m ARR scale onwards - Need some level of visibility to profitability and have all the regulatory filings in place which has now become easy for foreign domiciled companies - Robust regulatory framework. A SPAC would never fly in India - Retail wealth booming combined with penetration of brokerage apps - Easy access to capital, fundraising, debt and many other instruments that private companies can never have - Growth projects need not be 100-200% YoY but somewhere between 40-50% at low scale and 20-30% at higher revenue scale Most importantly, you are giving an exit to early believers, employees and growing with the economy which is a testament of all the hard work teams put in. https://lnkd.in/dqbDZ2sr

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CLSA published a detailed research report on India quick commerce. Recommended reading. Who will be the first to create a $50-100Bn company in India internet? #Zepto #Zomato #IndiaInternet

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Abyro Capital Floats $25 Mn Fund To Back India Startups. Abyro Capital said that it will back startups across sectors such as AI, SaaS, healthcare, manufacturing, supply chain, delivery, among others. India and US-focussed venture capital (VC) firm Abyro Capital has launched its maiden $25 Mn (about INR 210 Cr) fund to back early stage technology startups in the two countries. In a statement, the VC firm said that it will look to back 12 to 15 startups, over the course of next four years, across sectors such as artificial intelligence (AI), SaaS, healthcare, manufacturing, supply chain, delivery, among others. Abyro Capital said that the fund will be driven by operators and entrepreneurs, and will also offer operational expertise and access to global networks to its portfolio startups. #startupfunding #capital #AIfunding #saas #healthcare #vcfirms #equityfunding #loanconsultants #legaladvisorinindia #ipoadvisorindelhi #loanconsultantinnoida

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Jiffy Daily... your go-to newsletter for daily news bytes from the World of Startups! iCanHeal Boon Seeds Fincap Private Limited Multipl Ninecamp Ventures TBO.COM Delhivery Unicorn India Ventures Krutrim Unacademy Simplilearn Infor Altern Capital IvyCap Ventures Advisors Private Limited Roca Group Lok Capital Matrix Partners India (aka Z47) Blume Ventures MIXI Global Investments #startupnews #startuphiring #saas #startupnews #funding #startupfunding #dailynews #newsinajiffy #YourTribe

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The Indian government document that "Invites Applications for Empanelment of Agencies to Provide AI Services on Cloud" https://lnkd.in/dhaT-QgA solidifies the notion of sovereign AI. Every major economy is going to mandate AI clouds for government departments and sensitive industries to be on their soil. This is going to create a massive growth of GPUaaS providers around the world, each catering to the unique requirements of their citizens. On a separate note, I was very impressed with the document. The GPUaaS requirements are outlined in a very lucid and succinct manner. The authors of the document clearly know their stuff! #GPUaaS #GenAI #India #SovereignAI Chirayu Wadke Subramanian Sankaranarayanan Nikhill S. Milind Jalwadi Raghuram KG ⎈ Sriram Rupanagunta

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💥💥Budget 2024 || Startups💥💥 Tax benefits have been announced for startups and their investors, such as scrapping the contentious angel tax for all classes of investors and aligning capital gains tax rates for listed equity with those for unlisted equity The abolition of angel tax assumes significance as it comes at a time when startups funding dropped 60-70% in 2023. Eliminating the angel tax is a significant milestone for India’s startup community. Will this be a game changer and will give big boost to startup world? #startups #angelinvesting #investors #angeltax #

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This country may have the fastest-growing e-commerce sector ‘on the planet’ India: the “perfect” emerging market : India’s technology sector is extremely attractive “It’s the tip of the spear of growth [in e-commerce] … not just in emerging markets, but on the planet” top plays is Zomato, which he calls “the DoorDash of India” quick commerce business blanket has exceeded expectations “It now looks like it’s going to be the biggest business at Zomato” population that is just starting to go online “They’re getting their first-ever computer today basically” “You’re giving billions of people super computers in their pocket internet access”

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India Becoming the World capital for SaaS Products ! 1. Skilled Workforce: India has a large pool of highly skilled IT professionals who are adept at developing and managing SaaS solutions. 2. Cost Advantage: The cost of developing and maintaining SaaS products in India is lower compared to many other countries, making it an attractive destination for SaaS companies. 3. Growing Ecosystem: India has a thriving ecosystem of SaaS enablers, including investors, incubators, and accelerators, which support the growth of SaaS startups. 4. Global Market Reach: Indian SaaS companies are increasingly targeting global markets, leveraging their cost and talent advantages to compete internationally. 5. Innovation and Adaptability: Indian SaaS companies are known for their innovative approaches and ability to quickly adapt to market changes, making them competitive on a global scale. India's combination of talent, cost efficiency, and a supportive ecosystem makes it a prime location for the development and growth of SaaS products. 🌟 🚀 India's Future SaaS Unicorns🚀 22 soonicorns with a combined valuation of $7.2 billion are poised to join India's unicorn club. 🔶 India's SaaS market is projected to reach $70 billion by 2030, growing at a 31% CAGR. 🔶 Vertical SaaS is leading the charge, growing at 37% and targeting niche sectors. The soon to be included in the list, that I firmly believe will be Infogird Informatics Private Limited powered by its CEO Sachin Kate #SaaS #Unicorns #India #TechInnovation #DigitalTransformation #Startups #Entrepreneurship #FutureOfWork #VerticalSaaS #Growth #Innovation image courtesy: Inc 42

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Startup Central | ThinKuvate: Bolstering tech-enabled startups Addison Appu, Partner at ThinKuvate, sheds light on the latest ₹100 cr fund, 'glocal' approach, key sectors in focus and more Avanne Dubash Addison Appu

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