saas shutdowns upekkha report: Least amount of distress sales, shutdowns in SaaS: Upekkha report
Amidst a raging funding winter in the growth and late-stage activity of startups across the board, software-as-a-service (Saas)-focussed accelerator and early-stage fund Upekkha said the least amount of distress sales and companies shutting down has happened in the sector compared to the rest.The “venture money destruction” was the least in SaaS and will continue to be least in 2024 as well, managing partner Thiyagarajan Maruthavanan told ET.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…