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.
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
Bringing business travel online
Artificial Intelligence Software
Intelligent demand planning
Igauge is a talent pre-screening platform that helps businesses engage, personalize, and shortlist the best candidates globally.
Artificial Intelligence Software
Visual Intelligence to Retail Brands
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
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
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
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
Website Builder Software
O PowerBiz Ã© uma plataforma em tempo real que utiliza as mais modernas tecnologias para identificar, entender e interagir com o visitante, incentivando-o a realizar aÃ§Ãµes para satisfazÃª-lo, aumentando assim a sua taxa de conversÃ£o.
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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.
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.