ARR

At a time when subscription software companies are reeling under slowing sales cycles, SoftBank- and Sequoia Capital-backed Whatfix is seeing robust revenue growth.The Bengaluru-based company recorded $50 million in annual recurring revenue…

Indian software-as-a-service (SaaS) industry is expected to grow at a compounded annual growth rate (CAGR) of 20-25% over the next five years to clock about $35 billion in annual recurring revenue (ARR) by 2027, Bain & Company has said…

Audio series have beaten online music, short and long-form videos in terms of average time spent daily by users, audio series platform Pocket FM said on Wednesday. "The top 10 audio series on Pocket FM have garnered over 1.4 billion plays,…

Digital payments and financial services player Paytm's clocked an annualised run rate for the loan distribution business at Rs 39,000 crore ($4.8 billion.) in November, the firm said in a stock exchange filing on Monday. The value of loans…

US-based automotive technology platform Tekion, founded by former Tesla top executive Jay Vijayan, hopes to surpass $1 billion in revenue by 2027 and grow faster than its current clip of 150% as American vehicle brands and dealers look to…

MUMBAI : State Bank of India (SBI) has adopted a new benchmark in place of the London Inter-Bank Offered Rate (Libor), which has been used to price foreign currency loans for decades. The global benchmark will be discarded for new contracts…

Chennai: Martech SaaS company, Netcore Cloud is looking to double its annual recurring revenue (ARR) to $150 million by 2024 and will look to expand in new geographies, said Rajesh Jain, founder and managing director of Netcore. "We are at…