Page 6 - Saas Industry

Zenoti hopes to redefine wellness, grooming industry to make it Uber-like

Born out of a small Hyderabad office in 2010 with business spread across the US, the UK, Australia and West Asia, Zenoti is the newest SaaS (Software as a Service) success story coming out of India

Indian heritage SaaS cos to reach $18-20 bn in revenue by 2022: Report

SaaS (Software as a service) companies founded by Indian entrepreneurs are poised to reach USD 18-20 billion in revenue, with the potential to capture 7-9 per cent share of the global SaaS market by 2022, a report by Bain & Company said on Tuesday. The 'India SaaS Report 2020', which analysed a wide range of Indian SaaS companies, said four key archetypes of Indian SaaS companies are expected to gain further traction. This includes SMB-focused SaaS companies (like Zoho and Freshworks) that target global markets with easy-to-use horizontal offerings and vertical-specific SaaS companies (like Locus and Innovaccer) that are disrupting underserved verticals like healthcare and logistics. Also, globally competitive companies in emerging tech (such as Postman and Hasura), and India initiators with products tailored for the domestic Indian market (Darwinbox, MyGate and Yellow Messenger) are expected to see strong growth. "With distinct competitive advantages enhanced by a level-playing ..

How SaaS industry in India has seen growth with a rise in startups

As of 2020, India has seen the emergence of six SaaS unicorns, and is expected to see many more by 2025

Rising SaaS adoption to ensure global sway of IT services firms

The final part of the series looks at how Indian firms compete with global peers

Indian SaaS industry revenue can grow 6-fold to $13-15 bn by 2025: Report

India's software as a service (SaaS) revenue has reached $3.5 billion as of financial year 2020 with compounded annual growth rate of 30 per cent and 75 per cent of it came from global sales.

Chennai's SaaS industry has revenue of over $1 bn, says industry expert

The Software as a Service (SaaS) industry in Chennai, the SaaS hub of the country, is currently generating a revenue of over a Billion Dollar employing over 10,000 employees. The sector has raised over $500 million so far, while many are relying more on revenue for future growth, according to an industry official.There are over 20 companies in the SaaS companies in Chennai and they are growing business across the world. "The largest player Zoho Corp itself is over $500 million and Freshworks is around $100 millionn in annual recurring revenue and the others put together, the revenue of SaaS industry in Chennai would be over $ 1 billion," said Suresh Sambandam, founder and CEO of Orange Scape and part of SaaSX, a movement of SaaS-based companies.The Chennai SaaS firms has so far raised over $500 million, even as the largest in the flock Zoho Corp is a bootstrapped company. Sambandam said that even though his own firm, Kissflow, is funded, it has been working close to a bootstrapped ...