SaaS

DevOps: The next SaaS build from India

Supriya Roy

August 29, 2022 | 8 Min Read

Since 2020, VCs have invested in at least 6 DevOps startups. These startups, which combine the software development and IT operations functions, are looking to service the demand for quick software solutions that are secure, efficient, and reliable. Here’s the lowdown

Two years after his nine-year stint building Ola’s tech backbone ended in September 2019, nobody knew what Ankit Bhati, the company’s co-founder, was up to.

In January 2022, news broke that Sequoia Capital India had decided to lead a funding round in Bhati’s new venture, Amnic, a DevOps startup. The round saw Amnic rake in $15-16 million—a massive amount for a seed stage fundraise.

At Ola, Bhati had created the shared mobility company’s location-based algorithms, which were dispatched in real-time, as operations scaled over the years. He used this understanding to found Amnic, an operating platform for engineering teams to instantly provision and operate a microservices runtime with continuous delivery. Microservices are building blocks for certain cloud-based applications. Bhati told The CapTable that Amnic is currently working with a few select partners behind closed doors.

Corporate

Access unlimited content at a special discounted rate. Trusted by top VC’s and leading organizations, we provide bulk subscriptions for groups of 30+. Contact us for more details

Campus

Top educational institutions have collaborated with us for campus-wide subscriptions. For bulk campus-wide access, please get in touch.

Join our community of 100,000+ top executives, VCs, entrepreneurs, and brightest student minds

Trusted by the best

Karthik Reddy

Blume Ventures

The CapTable brings a refreshing set of insights for us at the Blume team, highlighting stories that bring together the underlying business and founders with that of investors' journeys with these startups. It's an important perspective that very few bring to startup ecosystem enthusiasts.

Latest Articles

CSR in India: Between compliance and conscience

CSR was meant to embody responsibility, but often slips into compliance and corruption issues. True giving, by contrast, is rooted in integrity and compassion; the gap between the two defines our society today.

Dr Srinath Sridharan

On the right track: why ride-hailing apps are betting big on multimodal transport

India’s metros are underused. Ride-hailing apps are looking to add more users. Now, both are leaning on each other—apps to unlock new users, metros to fill empty seats. The partnership could redefine how urban India moves.

Team Captable

Education+tech is a thing of the past. Now investors want education minus tech

Venture money is ditching apps and algorithms for the steady profits of real-world schools and tuition centers. The new gold rush isn’t for edtech unicorns, it’s for classrooms, communities, and credibility. Can “education minus tech” deliver what digital hype never did?

Nikhil Patwardhan

Big gaming cos have more than just cash at play

While smaller real-money gaming companies face extinction under the new gaming law, the larger players with diversified revenue streams are likely to weather the storm better.

Team Captable

Sangeet Paul Choudary on why AI's real power lies in reimagining systems, not replacing tasks

Best-selling author and business advisor Sangeet Paul Choudary argues that businesses are missing AI's real impact by focusing on intelligence benchmarks rather than system transformation.

Team Captable

Convinced that The Captable stories and insights
will give you the edge?

Convinced that The Captable stories
and insights will give you the edge?

Subscribe Now

Stories

Explore

Stories

Explore

DevOps: The next SaaS build from India

Yearly Plan

Quarterly plan

Get this article

Corporate

Campus

Trusted by the best

Karthik Reddy

Umang Bedi

Ashwin Damera

Latest Articles

CSR in India: Between compliance and conscience

CSR was meant to embody responsibility, but often slips into compliance and corruption issues. True giving, by contrast, is rooted in integrity and compassion; the gap between the two defines our society today.

On the right track: why ride-hailing apps are betting big on multimodal transport

India’s metros are underused. Ride-hailing apps are looking to add more users. Now, both are leaning on each other—apps to unlock new users, metros to fill empty seats. The partnership could redefine how urban India moves.

Education+tech is a thing of the past. Now investors want education minus tech

Venture money is ditching apps and algorithms for the steady profits of real-world schools and tuition centers. The new gold rush isn’t for edtech unicorns, it’s for classrooms, communities, and credibility. Can “education minus tech” deliver what digital hype never did?

Big gaming cos have more than just cash at play

While smaller real-money gaming companies face extinction under the new gaming law, the larger players with diversified revenue streams are likely to weather the storm better.

Sangeet Paul Choudary on why AI's real power lies in reimagining systems, not replacing tasks

Best-selling author and business advisor Sangeet Paul Choudary argues that businesses are missing AI's real impact by focusing on intelligence benchmarks rather than system transformation.

If you want to see more, Sign Up for access to our Crux newsletter and several free articles