Top SaaS Companies in New Delhi

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

These are the top SaaS companies in New Delhi, India. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for New Delhi by featuring these 26 companies with combined revenues of $133.7M.

Together, New Delhi SaaS companies employ over 2K employees, have raised $2.0M capital, and serve over 6M customers around the world.

$0 - $1M ARR
  1. Vienova $943.6K
  2. SearchTap $936.0K
  3. Bonita $925.8K
  4. Contify $900.0K
$1M - $5M ARR
  1. Wigzo $5.0M
  2. GoKwik $4.7M
  3. Medimojo $2.1M
$5M - $10M ARR
$10M+ ARR
  1. BharatPe $57.2M
  2. FarEye $26.8M
  1. 01
    BharatPe

    BharatPe

    Financial Services Software

    MasterCard Start Path Accelerator is an accelerator that prefers to invest in early stage startup companies. The firm seeks to invest in the technology enabled service, mobile, fintech, banking, big data, e-commerce, wearables, biometric, logistics, travel

    $57M

    6M

    875

    2018

    New Delhi

  2. 02
    FarEye

    FarEye

    Supply Chain & Logistics Software

    Manage , track & monitor delivery logistics operations through our SaaS-based platform for carriers and shippers

    $27M

    $50M

    361

    2013

    New Delhi

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What are the fastest growing companies doing?

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.

Which CEO’s are the most efficient capital allocators?

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.