Top SaaS Companies in India

List of the largest SaaS companies in India (Click to apply)

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 54 companies with combined revenues of $74.1M.

Together, India SaaS companies employ over 2K employees, have raised $69.2M capital, and serve over 31K customers around the world.

$0 - $1M ARR
  1. Itilite $960.0K
  2. Contify $900.0K
  3. Nextorbit $900.0K
  4. Infilect $864.0K
  5. Gocomet $750.0K
$1M - $5M ARR
  1. JustCall $4.2M
  2. Vtiger $3.6M
  3. Vue $3.6M
  4. Gridle $3.0M
$5M - $10M ARR
  1. Kissflow $9.0M
$10M+ ARR
  1. Vwo $18.0M
  1. 01
    Vwo

    Vwo

    VWO is the all-in-one A/B testing and Conversion

    $18.0M

    5K

    200

    2010

    India

  2. 02
    Kissflow

    Kissflow

    leading cloud-based B2B software company

    $9.0M

    $1.0M

    2K

    150

    2012

    India

  3. 03
    Hackerearth

    Hackerearth

    Technical Recruiting Software

    $4.8M

    $5.0M

    500

    140

    2012

    India

  4. 04
    JustCall

    JustCall

    Collaboration & Productivity Software

    Cloud Phone System For Teams

    $4.2M

    2K

    52

    2016

    India

  5. 05
    Vtiger

    Vtiger

    CRM and Related Software

    Vtiger CRM is online software that helps 300,000

    $3.6M

    3K

    102

    2004

    India

  6. 06
    Vue

    Vue

    Vertical Industry Software

    Intelligent Retail Automation for Fashion

    $3.6M

    $29.0M

    35

    102

    2016

    India

  7. 07
    Gridle

    Gridle

    Erp Software

    Collaboration platform for teams

    $3.0M

    $1.1M

    500

    32

    2014

    India

  8. 08
    Wigzo

    Wigzo

    Marketing Software

    Ai Marketing Cloud for Ecommerce

    $2.9M

    $2.0M

    600

    64

    2014

    India

  9. 09
    Firsthive

    Firsthive

    CRM and Related Software

    Cross Channel B2C Customer Engagement & Marketin

    $2.4M

    $500.0K

    29

    40

    2016

    India

  10. 10
    Cropin

    Cropin

    Vertical Industry Software

    SaaS based Full-stack Ag-Tech Organization

    $2.4M

    $12.0M

    185

    150

    2010

    India

1-10 of 54

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The Latka Grid

$RevenueEmployees

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Bootstrapped, Funded SaaS

55 bootstrapped companies made the 2019 list compared to 102 funded companies that have raised $2.8 billion in total.

These bootstrapped founders should be very proud. They found creative ways to drive growth without having to sell big chunks of their company for equity.

53 of these bootstrapped CEO’s are not located in San Francisco or New York.

All except 6 of the 55 are profitable as of December 2019.

Is Churn Important for Growth?

90 of these companies have net revenue retention greater than 100%. This means their upsell and expansion revenue from historical customers more than makes up for any lost revenue from those same customers.

34 of these companies have net revenue retention between 80-99%.

The companies with net revenue retention under 80% annually share a common theme in that only 2 out of the 29 companies have any expansion revenue at all.

Many of these companies simply haven’t added a second product to upsell, or don’t rely on utility based upselling. Expect their growth to expand in 2020 as many of them have expansion revenue in their strategic plans.

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