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
    SatSure

    SatSure

    Artificial Intelligence Software

    SatSure is an innovative decision analytics company.

    $5M

    0

    50

    2027

    Karnataka

  2. 02
    Recko.io

    Recko.io

    Enterprise Software

    Provider of a software-based reconciliation product intended to keeps track of complete transaction lifecycle and commercial contracts for organizations. The company's product automates reconciliation and allows the data to be traced throughout the entire

    $5M

    $7M

    0

    71

    2017

    Karnataka

  3. 03
    Proteans-Software

    Proteans-Software

    Information Technology Software

    We focus in Outsourced Product Development and specialize in Software R&D Services. Follow-us to know how we can help you.

    $5M

    0

    53

    2001

    Karnataka

  4. 04
    SmartQ

    SmartQ

    Supply Chain & Logistics Software

    Developer of a mobile application designed to digitize food courts, cafeterias and provide an enhanced experience. The company's mobile application and other products include digital meal credits, digital prepaid wallet and postpaid wallets that offer to a

    $5M

    $2M

    0

    72

    2014

    Karnataka

  5. 05
    HealthPlix

    HealthPlix

    Healthcare Software

    Developer of a software application intended to provide clinical decision support through AI technology. The company's artificial intelligence platform features electronic medical records and personalized consultation based on a patient's medical history,

    $4M

    $23M

    0

    176

    2014

    Karnataka

  6. 06
    Worxogo

    Worxogo

    Artificial Intelligence Software

    Developer of a digital assistant platform intended to track employees' behavior patterns. The company uses machine learning and AI algorithms to analyze unique behaviour patterns, trace historical performance data and provide employees "nudges" or actionab

    $4M

    $2M

    3K

    70

    2015

    Karnataka

  7. 07
    Increff

    Increff

    Supply Chain & Logistics Software

    Developer of end-to-end supply chain technology system created for fashion brands and retailers. The company's supply chain software delivers significant and sustainable technology to increase in sales and inventory efficiency and identified demand and emp

    $4M

    $5M

    0

    106

    2016

    Karnataka

  8. 08
    TalentBridge Technologies

    TalentBridge Technologies

    Information Technology Software

    Provider of a cloud-based training and hiring platform intended to to connect institutions of higher learning with the corporate world. The company's cloud-based training and hiring platform iLAP recruits graduate students by trained them in soft skills an

    $4M

    0

    55

    2008

    Karnataka

  9. 09
    Quantum BSO

    Quantum BSO

    Information Technology Software

    Operator of a platform intended to offer management consultancy and technology-enabled services. The company's platform offers business intelligence & transaction management platforms for Liners, Liner Agencies, Specialised Cargo operators, Freight forward

    $4M

    0

    44

    2003

    Karnataka

  10. 10
    Vtiger

    Vtiger

    CRM and Related Software

    Vtiger CRM is online software that helps 300,000+ businesses grow sales, improve marketing ROI, and deliver great customer service. Try it free for 15 days!

    $4M

    3K

    136

    2004

    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.