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Indian Food Delivery Startup Swiggy Enters the Overfunded Club

Posted on Wednesday, Jun 28th 2017

According to Inc42, of the 105 foodtech startups launched in India, only 58 were active in 2016. Once considered attractive by investors, the market is overcrowded, overfunded, and plagued by price wars as well as weak logistics and delivery infrastructure. Swiggy is a recent entry to this overfunded club. >>>

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Billion Dollar Unicorns: Toutiao Snags a Big Round, But Growth and Revenues Remain Tricky

Posted on Tuesday, Jun 27th 2017

Earlier this quarter, Chinese news aggregating site Toutiao raised a whopping $1 billion for its expansion. The round valued the company at nearly twenty times the valuation that it had secured two years ago – making its position secure in the Billion Dollar Unicorn club.

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Oracle Soaring on Cloud

Posted on Monday, Jun 26th 2017

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Oracle (NYSE: ORCL) has finally achieved a major milestone in its transition to the cloud. Its cloud business revenue has finally overtaken its new software license revenue, which justifies its move to the cloud. >>>

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Adobe Builds on Creative Cloud to Scale Life-High Levels

Posted on Friday, Jun 23rd 2017

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Adobe (Nasdaq: ADBE) is one company that has successfully reinvented itself as a cloud-based service provider from a license-based software company. Each quarter, it keeps surprising the market with its stellar performance. Earlier this week, it reported its second quarter results, that helped send its stock to a lifetime high.

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2017 IPO Prospects: Apttus Claims it is Halfway Ready to List

Posted on Thursday, Jun 22nd 2017

According to Gartner, the Configure Price Quote (CPQ) application suites market was worth $570 million in 2015, out of which cloud-based CPQ accounted for $157 million. The overall CPQ market is expected to grow 20% annually through the period 2020, driven by the growth in cloud-based solutions. San Mateo-based Apttus is a leading cloud-based service provider that is rumored to be preparing to go public.

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Mu Sigma, India’s First Profitable Unicorn: IPO Soon?

Posted on Wednesday, Jun 21st 2017

According to Nasscom, India’s analytics industry is estimated to be around $2 billion and is expected to grow ten-fold to $20 billion by 2025. Billion Dollar Unicorn Mu Sigma is the first among the Indian Unicorns to deliver consistent profits over the years.

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Egnyte Achieves Profitability, But Growth is Elusive

Posted on Tuesday, Jun 20th 2017

According to a MarketsandMarkets report, the enterprise collaboration market is estimated to grow from $3.65 billion in 2015 to $8.26 billion by 2020 at 17.7% annually. Enterprise collaboration tools market includes players such as Egnyte that has become so much more than the document sharing company it started as.

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Billion Dollar Unicorns: Bill.com Has Scaled Quietly

Posted on Monday, Jun 19th 2017

I have known serial entrepreneur René Lacerte for years. He started Cashview, which renamed itself to Bill.com, and has grown in leaps and bounds.

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