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India To Become 2nd Largest Market For ManageEngine: Zoho


SUMMARY

Kumar also noted the India market contributes nearly 10% to ManageEngine’s global revenues, adding that the vertical currently caters to 7,500 enterprises in the country

The company also noted that ManageEngine was witnessing 30% YoY growth in the country, adding that Zoho’s India cloud services arm too was clocking more than 60% YoY growth

Meanwhile, Zoho group CEO Shailesh Kumar Davey said that the company is working on developing its own Indic language-focussed LLM

SaaS giant Zoho expects India to become the…



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by INC42

SUMMARY Info Edge will offload about 3.8 Cr shares of Meritto (formerly NoPaperForms) via the offer-for sale component (OFS) of the edtech SaaS company’s IPO Info Edge said its wholly owned subsidiary Startup Investments Holding Limited (SIHL) has approved the divestment via the OFS route Meritto is reportedly looking to raise between INR 500 Cr to INR 600 Cr ($60 Mn to $70 Mn) at a valuation of around INR 2,000 Cr ($234 Mn) Info Edge will offload about 3.8 Cr shares of Meritto (formerly NoPaperForms) via the offer-for… Source link

by INC42

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by INC42

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