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
    Springshot

    Springshot

    Enterprise Software

    Provider of mobile applications created to deliver training, work schedules and assignments to service employees. The company offers task collaboration services and helps in developing mobile applications that deliver training, work schedules and assignmen

    $986K

    0

    34

    2011

    Karnataka

  2. 02
    Itilite

    Itilite

    Travel Software

    Bringing business travel online

    $960K

    $18M

    80

    140

    2017

    Karnataka

  3. 03
    Nextorbit

    Nextorbit

    Artificial Intelligence Software

    Intelligent demand planning

    $900K

    $226K

    5

    23

    2015

    Karnataka

  4. 04
    Igauge

    Igauge

    HR Software

    Igauge is a talent pre-screening platform that helps businesses engage, personalize, and shortlist the best candidates globally.

    $882K

    $375K

    0

    9

    2017

    Karnataka

  5. 05
    Infilect

    Infilect

    Artificial Intelligence Software

    Visual Intelligence to Retail Brands

    $864K

    $2M

    12

    30

    2017

    Karnataka

  6. 06
    zoojoo.BE

    zoojoo.BE

    Healthcare Software

    Provider of a cloud and mobile-based wellness platform designed to drive positive health behavior within the organization. The company's cloud and mobile-based wellness platform uses gamification, trusted social networks and behavioral economics, enabling

    $812K

    0

    12

    2012

    Karnataka

  7. 07
    Cupola Technology Pvt Ltd

    Cupola Technology Pvt Ltd

    Application Development Software

    Provider of internet of things services. The company's services include design of industrial iot service to manage plant personnel and assets for a US-based chemical factory, development of end to end tot service encompassing antenna management, premise ma

    $754K

    0

    21

    2011

    Karnataka

  8. 08
    Quillpad

    Quillpad

    Provider of online language converter platform. The company's online transliteration tool enables users to type in English alphabets to input words in other languages (in the respective scripts) with ease on the basis of phonetics, allowing them to communi

    $674K

    0

    9

    2000

    Karnataka

  9. 09
    Sixerclass

    Sixerclass

    Security Software

    Developer of an end to end technology platform created to bring value to the skill sector in India. The company's platform manages the data from inquiries, admissions, courses, batches, attendance, assessments to placements and post placement tracking, ena

    $650K

    0

    8

    2016

    Karnataka

  10. 10
    PowerBiz

    PowerBiz

    Website Builder Software

    O PowerBiz é uma plataforma em tempo real que utiliza as mais modernas tecnologias para identificar, entender e interagir com o visitante, incentivando-o a realizar ações para satisfazê-lo, aumentando assim a sua taxa de conversão.

    $640K

    0

    13

    2009

    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.