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Indian SaaS sector to clock $100 bn revenue by 2026: Chiratae-Zinnov study

The country is gearing to supersede China as the second largest SaaS nation in the next few years, the report says

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Indian SaaS grew at a massive CAGR of aboutr 55 per cent in 2021, with revenues well poised to cross $100 billion by 2026

BS Reporter Mumbai
The Indian SaaS industry is set to clock in a massive $100 billion in revenues by 2026. This was underscored by the 2022 edition of the Chiratae-Zinnov India SaaS report titled, “India SaaS - Punching Through the Global Pecking Order.” On the global stage, India is gearing to supersede China as the second largest SaaS nation in the next few years, said the report.

On the back of successful listings, coupled with stronger fundamentals and the path to profitability, are making SaaS companies in India an attractive investment theme. The industry aims to attract a strong private capital infusion of