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VCGuy

Stealth • 5m

Building SaaS from India for the world - Rocketlane raises a $24 M Series B. ➡️Total Funding: $45 M (Seed at $3 M, Series A at $18 M) ⏫Lead investors: 8VC, Matrix Partners and Nexus VP. In recent years, many Indian startups are building SaaS companies targeting global markets. The global SaaS industry is estimated to be worth ~$400 B. North America has the highest adoption of software and hold ~45% of this market. 💡 Notable SaaS unicorn start-ups targeting global markets include - - Chargbee, $250 M Series H (previous raise) - BrowserStack, $200 M Series B - Innovacer, $150 M Series C ⏭️ India's SaaS market is expect to touch $50 B in ARR by 2030

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