• Startup Pulse
    Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. Viridian Ingni Propulsion raises ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. Venttup raises $3 million in a pre-Series A round led by Rainmatter and Unicorn India Ventures. ISLAND Beauty raises ₹2.58 crore in funding from AJVC and angel investors. Sridhar Vembu warns of painful economic rebalancing as AI reshapes computer-based jobs. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. Viridian Ingni Propulsion raises ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. Venttup raises $3 million in a pre-Series A round led by Rainmatter and Unicorn India Ventures. ISLAND Beauty raises ₹2.58 crore in funding from AJVC and angel investors. Sridhar Vembu warns of painful economic rebalancing as AI reshapes computer-based jobs.
  • On-Demand Tech Growth Threatened by Rising Costs and Governance Gaps: Capgemini Report

    On-Demand Tech

    Paris: As industries accelerate digital transformation, organizations are rapidly embracing On-Demand Tech solutions such as public cloud, Software-as-a-Service (SaaS), and Generative AI (Gen AI) to drive innovation and agility.

    However, a new report from the Capgemini Research Institute, titled “The On-Demand Tech Paradox: Balancing Speed and Spend”, reveals that escalating costs, complexity, and governance gaps are threatening expected returns.

    On-Demand Tech Adoption Surges, But Costs Spiral

    Nearly eight in ten organizations recognize On-Demand Tech as critical for growth. Public cloud, SaaS, and Gen AI are seen as key enablers of scalability, performance, and competitiveness. Yet, the same proportion of enterprises report difficulty managing costs effectively.

    The report highlights that 76% of organizations exceeded public cloud budgets by an average of 10%. Similarly, 68% overspent on Gen AI and 52% on SaaS. Underutilized resources, lack of cost visibility, and decentralized procurement practices were identified as major drivers of budget overruns.

    Also Read: Deutsche Boerse Opens Global Capability Center in Hyderabad

    Financial and Operational Challenges in On-Demand Tech

    The study outlines key barriers organizations face in leveraging On-Demand Tech:

    • Soaring costs and complexity: 82% of executives report significant increases in cloud, SaaS, and Gen AI costs.
    • Budget overruns: Public cloud (76%), Gen AI (68%), and SaaS (52%) exceeded planned spending.
    • Shadow IT risks: 59% of Gen AI and 48% of SaaS spending is driven by business units outside IT governance, creating inefficiencies and vulnerabilities.
    • Limited ROI: Only 29% achieved expected SaaS cost savings, 33% realized desired cloud service quality, and 38% gained faster innovation through Gen AI.

    FinOps: A Key Lever to Optimize On-Demand Tech Value

    While 60% of organizations use cloud cost management tools, only 37% act on insights. The report finds that 76% have or plan to establish FinOps teams, but most remain limited in scope. Only 2% of organizations have a holistic FinOps function spanning cloud, SaaS, and Gen AI.

    Also Read: Edge AI Computing Startup Edgehax Raises INR 1.39 Crore in Seed Funding

    Sustainability also emerges as a concern, with 53% acknowledging that inefficient On-Demand Tech usage increases energy consumption and emissions. Yet, just 36% have integrated sustainability strategies into FinOps practices.

    Karine Brunet, CEO of Cloud Infrastructure Services at Capgemini and Group Executive Committee member, emphasized: “On-Demand technology spend is expected to double in the next three to four years. To maximize value, organizations must align cloud strategies with business goals while leveraging scalable, modular, and frugal cloud-native architectures supported by FinOps and AI-driven automation.”

    Global Study Scope

    The Capgemini Research Institute survey covered 1,000 executives from organizations with revenues above $1 billion, spanning 12 sectors and 14 countries across North America, Europe, and Asia-Pacific. Conducted in May 2025, the study included in-depth interviews with 10 global executives to validate findings.

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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