Wootz.work, a startup that offers Software as a Service (SaaS) has successfully raised $3.5 million, in seed funding.

In their most recent annual study on the industry, global management consulting and strategic advisory firm Zinnov and venture capital firm Chiratae Ventures reduced the 2026 revenue forecasts of Indian software-as-a-service or SaaS startups from $100 billion to $26 billion.

The rapid rise of the coworking and managed workspaces sector has been spurred in large part by India’s emergence as a corporate and startup hotspot. Stylework, a coworking marketplace, has

Amagi will use the funding to strengthen its support infrastructure for customers. It will also deploy the capital to build AI-based personalization models and spend more on advertising. The startup