City Bessemer Financial News
15.09 / 17:49
Manufacturing
Platform
Strategy
Mobile
Bill
Interviews
Cybersecurity investments ripe for take off in India: Bessemer’s Vishal Gupta
Subscribe to enjoy similar stories. Venture capital firm Bessemer Venture Partners, which has invested in the likes of Swiggy and BigBasket, said that the cybersecurity segment is poised, in terms of investments, to take off in India on the back of rising instances of data fraud. The segment has been “fertile" for Bessemer globally, where the VC has made over 30 investments.
07.12 / 14:15
markets
UPS
Platform
Mobile
wellness
reports
travelers
Venture capital hunts for India’s next big consumer AI champion
Subscribe to enjoy similar stories. The recent success of several consumer tech companies in public markets has prompted Indian venture capital funds to back the next wave—startups using artificial intelligence (AI) to build products. Several companies have picked up early-stage cheques this year.
07.11 / 00:37
22.09 / 08:41
COST
Williams
Election
President
reports
donates
Wall Street Funnels Cash Into Harris Campaign as Musk and Crypto Industry Rally Behind Trump
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
05.03 / 17:36
markets
UPS
Platform
stage
country
Warming deal street hints a funding spring is near
MUMBAI : When office commute platform MoveInSync decided to raise $15 million in January, it received term sheets from prospective investors within a week of launching the deal. Though such rapid response is still rare, many investors said deal activity has begun to pick up pace, signalling the approaching end to an agonizing funding winter. While funding in the very early stages continued in the past two years, growth-stage funding had slowed to a crawl.
16.08 / 01:21
UPS
CEO
Mobile
Software
Enterprise
track
SaaS founders are grabbing talent amid tech layoffs
SaaS) startups that continue to attract investors despite a funding winter are ramping up hiring in a job market flooded with resumes amid layoffs by bigger tech players. Founders of enterprise software and SaaS startups that ET spoke with confirmed active hiring as access to talent across functions of engineering, product, sales and marketing of technology products has increased significantly in recent months.
08.08 / 01:13
Software
Pool
Interface
track
Bessemer says India SaaS is on track to touch $50 billion by 2030
Bessemer Venture Partners (BVP) on Monday projected that the Indian SaaS industry is expected to reach $50 billion by 2030, and Indian SaaS companies and unicorns to generate revenues of $20-$25 billion by 2030. In 2022, the market was at $13 billion, as per the report. A significant chunk of the companies that will contribute to the $50 billion annual recurring revenue (ARR) tally will be ones who would not have exhausted any more than $100 million of equitybased capital by 2030, BVP partner Anant Vidur Puri told ET.
08.09 / 09:23
business
Adoption
Digital
NFT
Sony Music files trademark application for NFT-authenticated music
American music giant Sony Music Entertainment has signaled intentions to utilize non-fungible tokens (NFTs) after filing a trademark application covering music and artists under the Columbia Records logo.
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