B2B startups make their presence felt in Nasscom’s Top 50 this year

SirionLabs made it to the top 10 ‘League of Ten’List along with some other B2B players. Last year, core-tech startups constituted only 15% of the Emerge 50 list. SirionLabs’ Agrawal said: “It is a very exciting time to be a software engineer in India, because the kind of technologies being built are going into the heart of the large enterprises and the coding and engineering is on a completely different scale.”

B2B Startups Emerge in Nasscom’s Top 50 this Year

Nasscom Emerge 50 is an annual exercise of the software industry association to identify and showcase 50 most innovative, emerging IT product startups. Started in 2009, the programme is in its eighth edition now. Last year, only 30% of the shortlisted startups were in the B2B space. Also, this year some B2B players including EdGE Networks and SirionLabs made it to the top 10 `League of Ten’ list.

SirionLabs raises $12.25M to help big firms get smarter with their suppliers

SirionLabs, an India-headquartered company that uses tech to help companies manage their contracts and relationships with suppliers, has completed a $12.25 million Series B round. The round, which takes SirionLabs to $16 million raised, was led by Sequoia India with participation from QualGro ASEAN Fund and Canopy Ventures.

SirionLabs raises $12M funding from Sequoia Capital

“We are a heavy engineering and technical company. There are several categories of SaaS companies. We will be focusing strongly on deep tech and R&D. We are also increasing our go-to market in the West and in Australia. The key areas we will be focusing on are North America, Europe and Australia,” says Ajay Agrawal, Founder and CEO, SirionLabs.

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