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List of the largest SaaS companies in India

Top SaaS Companies in India

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 1,005 companies with combined revenues of $15B.

Together, India SaaS companies employ over 676K employees, have raised $10.9B capital, and serve over 2B customers around the world.

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Highlights

01
BT
Bang the Table

Information Technology Software

Bang the Table is a specialist provider of online stakeholder engagement services. We provide software and service solutions to government, public sector and private enterprise clients. EngagementHQ is our stakeholder engagement platform and EngagementIQ represents a variety of support services. Our mission is to improve the quality of public debate and level of community involvement in public life, and to ensure that people have accessible opportunities to learn about and contribute to the decisions that affect their daily lives. Bang the Table works at the intersection of the latest web technologies and best practice stakeholder engagement to deliver world-class interactive communications solutions that can be branded with our client’s identity. We are here to help you with all of your stakeholder engagement needs. Learn more about online community engagement on our blog: www.bangthetable.com.

$5M
-
-
98
2007
India
02
BA
Beacon Analytics

Analytics Software

Provider of Saas based business insights and recommendations to clients based on high-end modeling and analysis of client data. The company's data analytics services offer tools and methodologies to analyze large volumes of information, enabling companies to convert data pools into strategic assets through analysis.

$5M
-
-
58
2007
India
03
SS
SatSure

Artificial Intelligence Software

SatSure is an innovative decision analytics company.

$5M
-
-
50
2027
India
04
T
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 including training need identification & performance appraisal inputs derived from its unique cognitive personality reports.

$5M
-
-
58
2015
India
05
R
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 transaction cycle by getting connected to payment gateways, banks and merchant's order management system through APIs, thus, enabling merchants to track receivables and identify settlement discrepancies.

$5M
$7M
-
71
2017
India
06
BS
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 for an efficient project cycle. The company's platform features budgeting, estimation, tendering, procurement, invoicing and billing, resource planning, scheduling and material management among others, enabling real estate developers and contractors to automate their workflows.

$5M
-
-
57
2016
India
07
PS
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
08
GK
GoKwik

E-commerce Software

GoKwik is an online platform that helps people solve difficulties with their buying experiences on e-commerce websites

$5M
$20M
75
48
2020
India
09
SD
SpotDraft

Legal Software

Provider of an artificial intelligence-powered platform designed to draft and execute legal contracts. The company's platform advices businesses about their existing contracts, without any additional cost or fees and sends customized reminders and invoices, enabling businesses to get payment faster and avoid all the confusing paperwork.

$5M
$2M
-
55
2017
India
10
SSSPL
SwaaS Systems Private Limited

Application Development Software

Provider of sales force automation tool created to simplify the laborious sales processes involved in the pharmaceutical sectors. The company's sales force automation tool offers sales billing and inventory management system that automates the operations at distribution points, enabling pharmaceutical companies to track, monitor and manage their field sales personnel.

$5M
-
-
93
2008
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.