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 113 companies with combined revenues of $1.8B.

Together, India SaaS companies employ over 38K employees, have raised $64.1M capital, and serve over 729K customers around the world.

$1M - $5M ARR
  1. JustCall $4.2M
  2. Vtiger $3.6M
  3. Vue $3.6M
  4. ClientJoy $3.0M
$5M - $10M ARR
  1. SirionLabs $10.0M
  2. Posist $10.0M
$10M+ ARR
  1. Mindtree $1.1B
  2. Zoho $500.0M
  3. Razorpay $26.3M
  4. Vwo $18.0M
  1. 01
    Mindtree

    Mindtree

    Mindtree Limited is an Indian multinational info

    $1.1B

    25K

    1999

    India

  2. 02
    Zoho

    Zoho

    CRM and Related Software

    $500.0M

    250K

    8K

    1996

    India

  3. 03
    Razorpay

    Razorpay

    Accounting and Finance Software

    Razorpay accepts, processes, and disburses money

    $26.3M

    $224.6M

    450K

    700

    2014

    India

  4. 04
    Vwo

    Vwo

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

    $18.0M

    5K

    200

    2010

    India

  5. 05
    Greytip Software

    Greytip Software

    Greytip is a 'HR & payroll solutions & services'

    $10.0M

    $10.1M

    250

    1994

    India

  6. 06
    OrangeScape

    OrangeScape

    OrangeScape is one of the top Indian platform so

    $10.0M

    51

    2003

    India

  7. 07
    SirionLabs

    SirionLabs

    Easy-to-use, enterprise-class Contract Lifecycle

    $10.0M

    251

    2012

    India

  8. 08
    Proteans-Software

    Proteans-Software

    We focus in Outsourced Product Development and s

    $10.0M

    51

    2001

    India

  9. 09
    Posist

    Posist

    Complete Cloud-Based Restaurant Management softw

    $10.0M

    51

    2012

    India

  10. 10
    Webware.io

    Webware.io

    More than just a beautiful website. A complete a

    $10.0M

    51

    2015

    India

1-10 of 113

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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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