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.
Latka gets data on SaaS companies by interviewing the founders directly. Over 3,000 interviews organized in excel.
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 personalized learning.
Artificial Intelligence Software
Clofus is a software company that delivers artificial intelligence teaching and learning solutions for schools, colleges and universities.
Software as a Service Platform(SaaS)
Appnomic enables self-healing enterprise. Our autonomous IT operations software Heal, detects, predicts and prevents problems before they happen- ability beyond AIOPS, Cognitive Operations, APM, Application monitoring, and infrastructure monitoring too...
Intellect Design Arena Ltd is an Indian IT software services company. It is engaged in the business of software and financial technology development for banking, insurance and other financial services. The company operates under the primary business segment of Software Product Licence and related service. The entity derives revenue from the operations comprising income from its four business verticals, Global consumer banking and central banking; Risk; Treasury and markets; and Global transaction banking and insurance. Its products include Digital cards, Digital lending, Capital cube, Xponent, Digital core, Payments, Wealth Qube and others. The group has a business presence in India and other international countries.
Cloud Computing Software
Developer of a Saas based web and mobile browser testing platform designed to make developers' lives easier. The company's website testing tool helps developers to test how their websites perform with various operating system, device and browser configurations all through a cloud-based interface, enabling users to quickly and easily test their mobile and web applications across thousands of devices and desktop browsers in order to ensure their software meets and exceeds organizational and customer expectations.
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. For further information about our products and services and to receive updates about us and industry news, please visit Maintelâ€™s LinkedIn page https://www.linkedin.com/company/Maintel or find us on Twitter @Maintel.
Social Media Marketing Software
Social networking and regional content
Accounting and Finance Software
Razorpay accepts, processes, and disburses money online for small businesses and enterprises.
Classplus offers a mobile-first SaaS platform for 3000+ tutors to offer their curriculum and operations completely online.
Operator of e-commerce platform. The Company provides cloud-based e-commerce platform service in business-to-consumer and business-to-business verticals.
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.