Top SaaS Companies in Karnataka

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

These are the top SaaS companies in Karnataka, India. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for Karnataka by featuring these 111 companies with combined revenues of $2.1B.

Together, Karnataka SaaS companies employ over 58K employees, have raised $20.5M capital, and serve over 275M customers around the world.

$0 - $1M ARR
  1. Springshot $986.4K
  2. Itilite $960.0K
  3. Igauge $882.0K
  4. Infilect $864.0K
  5. zoojoo.BE $812.4K
$1M - $5M ARR
  1. SatSure $4.9M
  2. Recko.io $4.8M
  3. SmartQ $4.6M
$5M - $10M ARR
  1. Zwayam $9.1M
  2. Tapzo. $7.7M
  3. Little $7.5M
  1. 01
    Zwayam

    Zwayam

    HR Software

    India's most popular SaaS based hiring platform meant for large and mid-market enterprises, with a light version for SMEs

    $9M

    $2M

    0

    93

    2015

    Karnataka

  2. 02
    Wrench Solutions

    Wrench Solutions

    Project Management Software

    Developer of an online project management platform designed to manage projects online and in real-time. The company's platform allows users to execute project deliverables on a secure, mobile-accessible, cloud-based platform, enabling engineers to manage m

    $8M

    90

    188

    1994

    Karnataka

  3. 03
    Tapzo.

    Tapzo.

    Information Technology Software

    Provider of a consumer feedback platform. The company offers an online platform for consumers to lodge their complaints against any organization in India. It also helps to resolve consumer complaints.

    $8M

    $23M

    0

    135

    2009

    Karnataka

  4. 04
    SuperProfs

    SuperProfs

    Education Software

    Provider of cloud-based virtual classrooms in India created to revolutionize exam preparation. The company's cloud-based virtual classrooms connect professors to students and provides services like video based course content, infrastructure management for

    $8M

    $3M

    200

    105

    2010

    Karnataka

  5. 05
    Little

    Little

    Enterprise Software

    Provider of an online sales channel platform for merchants as well as a discovery platform for lifestyle consumers. The company has developed an online platform that will provide the supply of real-time hyper-local deals to customers across services like,

    $8M

    $50M

    0

    88

    2015

    Karnataka

  6. 06
    DailyNinja

    DailyNinja

    Supply Chain & Logistics Software

    Provider of a hyper-local delivery platform intended to deliver daily needs right at the doorstep. The company's platform uses a booking platform, enabling users to subscribe and get their daily needs delivered to them on a monthly or week basis easily.

    $7M

    $14M

    2K

    123

    2015

    Karnataka

  7. 07
    Playment

    Playment

    Artificial Intelligence Software

    Provider of a next generation crowdsourcing platform intended to provide training data for computer vision and machine learning. The company's next generation crowdsourcing platform helps large companies to crowdsource and offers services include catalogin

    $7M

    $2M

    0

    86

    2015

    Karnataka

  8. 08
    SureWaves

    SureWaves

    Information Technology Software

    Provider of a digital campaign platform for TV advertisers. The company's platform allows localisation, so an advertiser can run multiple creatives for impact in different markets. It also enables media publishers to aggregated cable channels run by multi-

    $7M

    $7M

    80M

    101

    2006

    Karnataka

  9. 09
    IntelliFlo

    IntelliFlo

    Financial Services Software

    Developer of market-leading practice management software designed to help financial advisers transform and grow their business. The company's software enable the clients in the financial services sector use software that helps them be lean and efficient, m

    $6M

    19K

    185

    2004

    Karnataka

  10. 10
    KredX

    KredX

    Financial Services Software

    Provider of an invoice-discounting platform in India. The company offers a platform that connects micro, small and medium sized enterprises looking to raise working capital with individual financiers.

    $6M

    $33M

    0

    130

    2015

    Karnataka

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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.