Top SaaS Companies in India

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

These are the top SaaS companies in India. In todays day and age its possible to launch a company from anywhere. We wanted to show some love for India by featuring these 478 companies with combined revenues of $11.9B.

Together, India SaaS companies employ over 72K employees, have raised $274.0M capital, and serve over 881K customers around the world.

$0 - $1M ARR
  1. Propstack $1.0M
$1M - $5M ARR
  1. Talocity $4.9M
$5M - $10M ARR
  1. DhruvSoft $9.2M
  2. CallHub $9.0M
$10M+ ARR
  1. Practo $2.0B
  2. Mindtree $1.1B
  3. PeopleStrong $900.0M
  4. RateGain $567.0M
  1. 01
    Talocity

    Talocity

    HR Software

    Humans can best experience TOUCH & TECH is best experienced if TOUCHLESS. On that premise, Talocity automates the entire Recruitment process and delivers it in the form of a SaaS platform for its clients. Also, there are a few point solutions for HR includ

    $5M

    58

    2015

    India

  2. 02
    BuildSupply

    BuildSupply

    Information Technology & Services

    Developer of a real estate and construction process management platform designed to eradicate intractable problems in the real estate development and construction process. It is an end to end process management system using a comprehensive database to plan

    $5M

    57

    2016

    India

  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

    53

    2001

    India

  4. 04
    Ajatus Software

    Ajatus Software

    Software as a Service Platform(SaaS)

    The company primarily operates in the Software industry. Ajatus Software is headquartered in Grand Rapids, MI.

    $5M

    55

    2014

    India

  5. 05
    WhistleDrive

    WhistleDrive

    Supply Chain & Logistics Software

    WhistleDrive is a transportation technology company that offers an End to End AI-powered Employee Transportation Solution for corporates and On-Demand Drivers for car owners.

    $5M

    55

    2016

    India

  6. 06
    Posist

    Posist

    CRM and Related Software

    Complete Cloud-Based Restaurant Management software, helping over 8000 restaurants across 20 countries streamline operations, reduce costs and grow profits.

    $5M

    $143K

    51

    2012

    India

  7. 07
    Classpro

    Classpro

    Software as a Service Platform(SaaS)

    Classpro is a simple online software for managing Coaching Classes, Coaching Institute and Tuition Classes. Manage student admissions, payments, performance, attendance and conduct live classes on your institutes banded app.

    $5M

    10

    2011

    India

  8. 08
    Firmzen

    Firmzen

    Document Management

    Practice management software for Chartered Accountants, CPAs, Company Secretaries and similar Professional Services firms.

    $5M

    5

    2012

    India

  9. 09
    Brightpod

    Brightpod

    Software as a Service Platform(SaaS)

    Brightpod is a marketing project management software. Brightpod takes the chaos out of managing projects and helps your team focus on what matters.

    $5M

    1

    2013

    India

  10. 10
    LeadPrime

    LeadPrime

    Software as a Service Platform(SaaS)

    Use affordable sales CRM LeadPrime for managing marketing, sale and become organized, enhance sales, boost ROI. Free trial available

    $5M

    2

    2010

    India

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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.