These are the top SaaS companies in India. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for India by featuring these 802 companies with combined revenues of $13.5B.
Together, India SaaS companies employ over 117K employees, have raised $274.0M capital, and serve over 881K customers around the world.
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Mindtree Limited is an Indian multinational information technology and outsourcing company headquartered in Bangalore, India and New Jersey, USA.
Information Technology Software
A division of HCL Technologies operates in #softwarebusiness with innovation in DevSecOps, #Automation, #DigitalSolutions, #Marketing, #Commerce and Mainframes
Comprehensive HR Tech for enterprises comprising of Talent Acquisition, Talent Management, and Human Capital Management.
RateGain is the best travel and hotel software company that provides new age travel technology solutions to Hotels, OTAs, Airlines, Tour operators, Vacation rentals, Package providers, Travel management companies, Car rental companies and Cruises & fer...
CRM and Related Software
Unique and powerful suite of software to run your entire business, brought to you by a company with the long term vision to transform the way you work.|.
Data View Systems is a global provider of integrated information technology and knowledge process services
Workforce Management Software
Mettl is a technology company that provides skill assessment tools, proctoring, and online assessment software.
It Management Software
Provider of software development services. The company provides management consulting, business application services, enterprise services, enterprise collaboration services, testing and assurance services, BPM and infrastructure management services.
Artificial Intelligence Software
Clofus is a software company that delivers artificial intelligence teaching and learning solutions for schools, colleges and universities.
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83 of the fastest growing companies that also have the most revenue have a clear expansion revenue strategy. On average, sales reps are selling plans where starting contract value is $4,606.
Those same companies employ 1,678 sales reps that carry a quota. The most common compensation plan used by these companies is a 1:5 ratio of sales rep on target earnings (OTE) to quota. Meaning if a rep can earn $200k in base and commissions, quota target for that year is set at 5x, or $1m in new ARR closed.
If you’re going to build a high growth SaaS company, you need to figure out how to scale with quota carrying sales reps.
We can measure this a variety of ways. Which company has the most revenue per employee? What about dollars in revenue compared to dollars raised? What about time, which founder went from $0 to $10m the fastest?
Looking deeper at dollars in revenue compared to dollars raised, bootstrappers take the cake because they self fund (denominator zero). When we look at companies that have raised at least $1m, Actito is the clear winner generating $21m in revenue, growing 100% yoy, on just 1m raised ($.05 dollars raised for every $1 of revenue).
Omnisend comes in a close second with $.08 dollars raised for every dollar of revenue. Doing $19m as of December 2020. Proposify gets honorable mention with $0.46 dollars raised (3.25m) for every dollar of revenue ($7m).
The worst performers here are companies like YayPay with $3.68 dollars raised ($14m) per dollar of revenue ($3.8m). Many of the worst performers just did a round of funding and haven’t had a chance to deploy to drive growth yet. That makes this data less valuable but still illustrative.