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Eye on IPO shores, companies set sail for Cayman
Eye on IPO shores, companies set sail for Cayman

Economic Times

timea day ago

  • Business
  • Economic Times

Eye on IPO shores, companies set sail for Cayman

The Cayman Islands are emerging as a preferred destination for Indian software startups chasing global markets, offering greater flexibility in raising capital, whether from India or abroad. The self-governing British Overseas Territory is a 'region of interest' for software-as-a-service (SaaS) companies scaling up their international ambitions. Tired of too many ads? Remove Ads The Cayman Islands could emerge as the new pitstop for Indian startups building software products for global markets that are in search of flexibility to tap into capital markets either at home or overseas. The Caribbean Island, a self-governing British Overseas Territory, is seen as 'a region of interest' for these software-as-a-service, or Saas, companies as they look to put their global ambitions on the fast track, according to multiple people in the know of push to register these Saas startups in the tax-neutral territory is also being led by their venture backers, according to the people cited above who said that Accel Partners is among those to have asked early-stage Saas startups in its portfolio to register on the Cayman Islands. Accel, a prominent investor in Saas major Freshworks, did not respond to ET's queries on the developments.'Cayman Islands has emerged as a region of interest in the past year for Indian startups that are building global software products who want to have the flexibility of listing in India, US or a dual listing,' said Ashitha Bhagwan, managing partner at Inventus Law Technology Partners.

Eye on IPO shores, companies set sail for Cayman
Eye on IPO shores, companies set sail for Cayman

Time of India

timea day ago

  • Business
  • Time of India

Eye on IPO shores, companies set sail for Cayman

The Cayman Islands could emerge as the new pitstop for Indian startups building software products for global markets that are in search of flexibility to tap into capital markets either at home or overseas. The Caribbean Island, a self-governing British Overseas Territory, is seen as 'a region of interest' for these software-as-a-service, or Saas, companies as they look to put their global ambitions on the fast track, according to multiple people in the know of developments. The push to register these Saas startups in the tax-neutral territory is also being led by their venture backers, according to the people cited above who said that Accel Partners is among those to have asked early-stage Saas startups in its portfolio to register on the Cayman Islands. Accel, a prominent investor in Saas major Freshworks, did not respond to ET's queries on the developments. ETtech 'Cayman Islands has emerged as a region of interest in the past year for Indian startups that are building global software products who want to have the flexibility of listing in India, US or a dual listing,' said Ashitha Bhagwan, managing partner at Inventus Law Technology Partners. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories

‘Not reflective of our work' - Datalex chief Jonathan Rockett on firm's 2024 losses
‘Not reflective of our work' - Datalex chief Jonathan Rockett on firm's 2024 losses

Business Post

time16-05-2025

  • Business
  • Business Post

‘Not reflective of our work' - Datalex chief Jonathan Rockett on firm's 2024 losses

Business Post subscribers can read: • Why Jonathan Rockett says Datalex's $10.2m loss doesn't reflect the company's real performance • How new Saas products like Stellex Plus could speed up airline integration and revive growth • What went wrong with Scandinavian Airlines and Virgin Australia — and how it hit Datalex's bottom line Datalex chief executive Jonathan Rockett has said he doesn't think the company's 2024 financial results were reflective of the company's ambition or the work undertaken.

TechnologyOne CEO: We Need a 'Team Australia' Approach
TechnologyOne CEO: We Need a 'Team Australia' Approach

Bloomberg

time05-05-2025

  • Business
  • Bloomberg

TechnologyOne CEO: We Need a 'Team Australia' Approach

The head of ASX-listed TechnologyOne, provider of software as a service (Saas), says the next Australian government needs to back of the nation's business community when the rest of the world "is not going to do us any favors." He adds that the government also has to face up to the twin crises of collapsing R&D investment and sliding productivity. TechnologyOne CEO and Managing Director Ed Chung speaks from Brisbane with Haidi Stroud-Watts and Shery Ahn on "Bloomberg: The Asia Trade." (Source: Bloomberg)

RJ Karishma
RJ Karishma

Time of India

time28-04-2025

  • Entertainment
  • Time of India

RJ Karishma

RJ Karishma transitioned to digital content creation during the COVID-19 pandemic, and gained popularity for her comedic videos portraying diverse and hilarious characters. Among her most loved characters are the Critical Mother-in-Law (Saas), the Clever Daughter-in-Law (Bahu), the Nosy Aunt (Bua), and the Advising Grandmother (Naani). Her content has won recognitions such as 'Editor's Choice Entertaining Creator of the Year (InfluencEX 4 .0), 'Content Creator of the Year' (WhosNext 2023), Best Content Creator (the Red FM Ka Thappa Award) and Quirky Comedy Creator of the Year award (Creators United 2023 Awards). She also made her Cannes debut in 2024.

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