India’s SaaS scene is expanding fast, powered by skilled engineers and product managers who have helped early startups build durable market traction. But as the sector matures, tax complications could become a real constraint, potentially changing how new ventures structure operations and scale. The next phase of SaaS growth may hinge as much on compliance as on capability.
A public X exchange has erupted after Y Combinator CEO Garry Tan amplified comments from Zoho’s Sridhar Vembu about product bundling and “vibe coding.” Vembu had argued that vibe coding oversimplifies software development, drawing pushback from Tan. The back-and-forth highlights how big-name tech leaders are debating the future of SaaS packaging and developer workflows.
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Kabeer Biswas’ new venture M has secured ₹102 crore in a seed round led by Peak XV Partners, with major participation from Blume Ventures and fintech unicorn CRED. MCA filings show Peak XV led with ₹46.4 cr, Blume put in ₹37.1 cr, and CRED invested ₹18.6 cr. The startup has already raised ₹83.5 cr and plans to issue ~55K Series Seed CCPS to investors.
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