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.
Mindtree Limited is an Indian multinational information technology and outsourcing company headquartered in Bangalore, India and New Jersey, USA.
Provider of an online learning application. The company offers home-based learning programs for students in grades 4-12, as well as for competitive exams such as the CAT, IAS, GRE and GMAT through video lessons by teachers and adaptive testing modules for
Information Technology Software
Intrinsic Technology Ltd was acquired by Maintel Europe Limited in 2017. Maintel is a leading systems integrator and managed services provider, delivering effortless communications solutions to a broad spectrum of businesses in the UK and internationally.
Provider of an online bus ticketing service. The company enables users to book bus tickets through phone, home delivery, physical outlets or even SMS.
Real Estate Software
Provider of a community portal. The company provides tools for resident committees for apartment administration and acts as an information sharing medium for residents.
Greytip is a 'HR & payroll solutions & services' provider. They claim to deliver excellent value and ROI equally well for both SME and large enterprises. Most recently the latest value addition is the 'SAAS' version of it's products.
Crm And Related Software
The company primarily operates in the Software industry. SMARTe is headquartered in London, United Kingdom.
Developer of telecommunications solutions designed to meet operational, business and network goals. The company's integrated messaging platform, integrated bss platform, cloud-based SDP, mobile marketing, subscription manager, unified self-care solutions a
Vertical Industry Software
SaaS based Full-stack Ag-Tech Organization
Developer of a sports platform intended to provide sports news. The company's platform is the digital sports property in Asia covering 40 sports driven through content publication, social amplification, direct engagement and transaction, enabling sports lo
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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.