Wednesday, June 5, 2024

SAP plans to buy Tel Aviv-based WalkMe, which helps users navigate UIs of other software services, for $1.5B in cash; WalkMe raised $300M ahead of a 2021 IPO (Paul Sawers/TechCrunch)

Paul Sawers / TechCrunch:
SAP plans to buy Tel Aviv-based WalkMe, which helps users navigate UIs of other software services, for $1.5B in cash; WalkMe raised $300M ahead of a 2021 IPO  —  Enterprise software giant SAP is acquiring “digital adoption” platform provider WalkMe in an all-cash transaction worth $1.5 billion.



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India announces a new $1.15B Fund of Funds for startups with an "expanded scope" compared to previous initiatives, and extends tax benefits for startups (Manish Singh/TechCrunch)

Manish Singh / TechCrunch : India announces a new $1.15B Fund of Funds for startups with an “expanded scope” compared to previous initiat...