Top 10 Software as a Service (SaaS) Companies in India [Updated list 2024]
The software-as-a-service (SaaS) industry is now booming in India with new companies appearing every day. These companies offer services that allow businesses to access and use software applications remotely, on a pay-as-you-go basis.
India has numerous SaaS companies that cater for all types of businesses. Among the leading SaaS firms in India include Zoho, Freshworks and Salesforce which provide various software applications useful for customer relationship management (CRM), accounting among other functions.
Software as a service or Saas are just like any other software company but they develop and sell their products under this model only. Saas companies in India are growing rapidly and attracting more foreign investors each year.
With an expected growth rate of 30% CAGR till 2022 according to NASSCOM report, it’s high time one considered using SaaS solutions if they haven’t already done so. If you’re looking for some good Indian saas provider then do check out our list of top ten best saas providers in india.
Top 10 Software as a Service (SaaS) Companies in India:
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Dukaan
Ever since it was founded, Dukaan has been a game-changing eCommerce platform in India. Made entirely by Indian developers, the website lets you create and manage your own online store quickly without having to know any code or design whatsoever. Whether you are just starting out as an entrepreneur or have already established your small business, this means that with Dukaan anyone can open their own online shop within seconds.
Suumit Shah started the company that rapidly became popular in India and attracted huge investments. Until now it has gathered $17 million in funds which shows how much potential investors believe there is for Dukaan to change the face of e-commerce in India.
The success story doesn’t stop at securing money; Kalaari Capital recognized them as one of the biggest names when it comes down to ecommerce providers while publishing “Beyond E-Commerce 3.0” report where they were listed among top performers themselves thus making them an excellent choice not only because its quality but also effectiveness will shape future e-commerce ventures within our country -India- itself.
It’s clear that more people are taking notice too after being announced onto Deloitte Technology Fast 50 India list 2022 which should be considered quite an achievement indeed especially when you take into account such fast growth shown by companies like these alongside innovative technologies used at their disposal during this time period alone which had tremendous impact right across all areas concerning Indian markets related with electronic business activities depending upon given circumstances if anything ever happened before then lots could still happen again later on too so it would seem logical enough for everybody involved including stakeholders who might have different views on what exactly constitutes success lack thereof within a specific industry segment like ours around here today called electronic commerce (e-commerce) itself
2. Zoho
Zoho is one of the leading SaaS companies in India. Zoho provides a suite of online productivity and collaboration applications for businesses of all sizes. Zoho’s applications are used by over 30 million users worldwide. Zoho has raised $150 million in funding from Sequoia Capital and SoftBank. Zoho is headquartered in Chennai, Tamil Nadu.
Zoho was founded in 1996 by Sridhar Vembu & Tony Thomas.Headquartered out of Chennai, Tamil Nadu – the company now boasts of a strong team of 4500+ people serving more than 50 million customers globally with its 45+ SaaS products.
Zoho has been constantly innovating and expanding its product suite which today includes CRM, Mail, Office Suite, Finance, Customer Support & more. Zoho’s mission has always been to bring the power of technology to people and businesses everywhere. Zoho’s vision is to create a family of SaaS products that would work together seamlessly to help organizations run their business better.
Zoho is recognized as one of the best SaaS companies globally, with multiple awards & recognitions like Forbes Cloud 100 2018 – The Definitive List Of The Top 100 Private Companies In Cloud Computing, Deloitte Fast 500 Asia Pacific 2017 & more. Zoho has also been selected as one of LinkedIn’s Top Startups In India for 2019!
3. Agile CRM
Agile CRM is one of the leading SaaS companies in India. Agile provides a suite of online tools for sales, marketing, and customer support. Agile’s applications are used by over 10,000 businesses worldwide. Agile has raised $13 million in funding from Sequoia Capital and SoftBank. Agile is headquartered in Hyderabad, Telangana.
Agile was founded in 2013 by Raju Vegesna & Manoj Saxena. Headquartered out of Hyderabad, Telangana – the company now boasts of a strong team of 250+ people serving more than 10,000 customers globally with its SaaS products.
Agile has been constantly innovating and expanding its product suite which today includes Sales Force Automation, Marketing Automation, Customer Support & more. Agile’s mission has always been to help businesses grow faster with less effort. Agile’s vision is to be the world’s leading SaaS company for sales, marketing, and customer support.
Agile has been recognized as one of the best SaaS companies globally, with multiple awards & recognitions like Gartner Cool Vendor In CRM 2016, Forbes Cloud 100 2018 – The Definitive List Of The Top 100 Private Companies In Cloud Computing & more.
4. IBSFintech
IBSFintech is one of the leading SaaS companies in India. IBSFintech provides a suite of online tools for financial services businesses. IBSFintech’s applications are used by over 5,000 businesses worldwide. IBSFintech has raised $10 million in funding from Accel Partners and Tiger Global Management. IBSFintech is headquartered in Mumbai, Maharashtra.
IBSFintech was founded in 2010 by Manish Lunia & Srinivasan Gopalan. Headquartered out of Mumbai, Maharashtra – the company now boasts of a strong team of 200+ people serving more than 5,000 customers globally with its SaaS products.
IBSFintech has been constantly innovating and expanding its product suite which today includes Lending, Credit Cards, payments, personal finance & more. IBSFintech’s mission has always been to help businesses grow faster with less effort. IBSFintech’s vision is to be the world’s leading SaaS company for financial services businesses.
IBSFintech has been recognized as one of the best SaaS companies globally, with multiple awards & recognitions like Gartner Cool Vendor In Fintech 2016, Forbes Cloud 100 2018 – The Definitive List Of The Top 100 Private Companies In Cloud Computing & more.
5. VTION
VTION is one of the leading SaaS companies in India. VTION provides a suite of online tools for small businesses. VTION’s applications are used by over 1 million users worldwide. VITION has raised $8 million in funding from Sequoia Capital and Tiger Global Management. VTION is headquartered in Pune, Maharashtra.
VTION was founded in 2010 by Sanket Atal & Abhishek Saha. Headquartered out of Pune, Maharashtra – the company now boasts of a strong team of 100+ people serving more than 1 million users globally with its SaaS products.
VTION has been constantly innovating and expanding its product suite which today includes accounting, invoicing, CRM, HRM & more. VTION’s mission has always been to help businesses grow faster with less effort. VTION’s vision is to be the world’s leading SaaS company for small businesses.
VTION has been recognized as one of the best SaaS companies globally, with multiple awards & recognitions like Forbes Cloud 100 2018 – The Definitive List Of The Top 100 Private Companies In Cloud Computing & more.
6. Freshworks
Freshworks is one of the leading SaaS companies in India. Freshworks provides a suite of online tools for businesses of all sizes. Freshworks’ applications are used by over 50,000 businesses worldwide. Freshworks has raised $94 million in funding from Sequoia Capital and Accel Partners. Freshworks is headquartered in Chennai, Tamil Nadu.
Freshworks was founded in 2010 by Girish Mathrubootham & Shan Krishnasamy. Headquartered out of Chennai, Tamil Nadu – the company now boasts of a strong team of 1,000+ people serving more than 50,000 customers globally with its SaaS products.
Freshworks has been constantly innovating and expanding its product suite which today includes customer support, sales CRM, marketing automation & more. Freshworks’ mission has always been to help businesses grow faster with less effort. Freshworks’ vision is to be the world’s leading SaaS company for businesses of all sizes.
Freshworks has been recognized as one of the best SaaS companies globally, with multiple awards & recognitions like Forbes Cloud 100 2018 – The Definitive List Of The Top 100 Private Companies In Cloud Computing & more.
Also Read about the Top 10 SaaS Companies in the USA
7. Playtonia
Playtonia is one of the leading SaaS companies in India. Playtonia provides a suite of online tools for businesses of all sizes. Playtonia’s applications are used by over 1,000 businesses worldwide. Playtonia has raised $1 million in funding from Accel Partners and Tiger Global Management. Playtonia is headquartered in Bangalore, Karnataka.
Playtonia was founded in 2010 by Suresh Sambandam & Sanjay Nath. Headquartered out of Bangalore, Karnataka – the company now boasts of a strong team of 100+ people serving more than 1,000 customers globally with its SaaS products.
Playtonia has been constantly innovating and expanding its product suite which today includes customer support, marketing automation, human resources management & more. Playtonia’s mission has always been to help businesses grow faster with less effort. Playtonia’s vision is to be the world’s leading SaaS company for businesses of all sizes.
Playtonia has been recognized as one of the best SaaS companies globally, with multiple awards & recognitions like Forbes Cloud 100 2018 – The Definitive List Of The Top 100 Private Companies In Cloud Computing & more.
8. CloudCherry
CloudCherry is one of the leading SaaS companies in India. CloudCherry provides a suite of online tools for businesses of all sizes. CloudCherry’s applications are used by over 1,000 businesses worldwide. CloudCherry has raised $8 million in funding from Sequoia Capital and Accel Partners. CloudCherry is headquartered in San Mateo, California.
CloudCherry was founded in 2010 by Jai Sankar & Vijay Sankar. Headquartered out of San Mateo, California – the company now boasts of a strong team of 100+ people serving more than 1,000 customers globally with its SaaS products.
CloudCherry has been constantly innovating and expanding its product suite which today includes customer support, marketing automation, human resources management & more. CloudCherry’s mission has always been to help businesses grow faster with less effort. CloudCherry’s vision is to be the world’s leading SaaS company for businesses of all sizes.
CloudCherry has been recognized as one of the best SaaS companies globally, with multiple awards & recognitions like Forbes Cloud 100 2018 – The Definitive List Of The Top 100 Private Companies In Cloud Computing & more.
9. Visual Website Optimiser (VWO)
Visual Website Optimiser (VWO) is one of the leading SaaS companies in India. VWO provides a suite of online tools for businesses of all sizes. VWO’s applications are used by over 1,000 businesses worldwide. VWO has raised $13 million in funding from Accel Partners and Sequoia Capital. VWO is headquartered in Gurgaon, Haryana.
VWO was founded in 2010 by Sarvesh Agrawal & Parveen Faujdar. Headquartered out of Gurgaon, Haryana – the company now boasts of a strong team of 100+ people serving more than 1,000 customers globally with its SaaS products.
VWO has been constantly innovating and expanding its product suite which today includes customer support, marketing automation, human resources management & more. VWO’s mission has always been to help businesses grow faster with less effort. VWO’s vision is to be the world’s leading SaaS company for businesses of all sizes.
VWO has been recognized as one of the best SaaS companies globally, with multiple awards & recognitions like Forbes Cloud 100 2018 – The Definitive List Of The Top 100 Private Companies In Cloud Computing & more.
10. Facilio Inc
Facilio Inc is one of the leading SaaS companies in India. Facilio provides a suite of online tools for businesses of all sizes. Facilio’s applications are used by over 1,000 businesses worldwide. Facilio has raised $4 million in funding from Tiger Global Management and Accel Partners. Facilio is headquartered in Chennai, Tamil Nadu.
Facilio was founded in 2014 by Prabhu Ramachandran & Suresh Sambandam. Headquartered out of Chennai, Tamil Nadu – the company now boasts of a strong team of 100+ people serving more than 1,000 customers globally with its SaaS products.
Facilio has been constantly innovating and expanding its product suite which today includes customer support, marketing automation, human resources management & more. Facilio’s mission has always been to help businesses grow faster with less effort. Facilio’s vision is to be the world’s leading SaaS company for businesses of all sizes.
Facilio has been recognized as one of the best SaaS companies globally, with multiple awards & recognitions like Forbes Cloud 100 2018 – The Definitive List Of The Top 100 Private Companies In Cloud Computing & more.
These are the top 10 SaaS companies in India. If you’re looking for a SaaS company to partner with, look no further than these industry leaders!
Q/A:
1. What is SaaS?
SaaS is a software-as-a-service delivery model. It is software offered by the provider on the web. Customers can access and use the software, typically through a web browser, while the provider manages the infrastructure and security.
2. What are some of the benefits of SaaS?
Some of the benefits of SaaS include lower upfront costs, increased flexibility, scalability, and improved collaboration. SaaS also offers users the ability to access applications from anywhere with an internet connection.
3. What are some of the top SaaS companies in India?
Some of the top SaaS companies in India include CloudCherry, Visual Website Optimiser (VWO), and Facilio Inc. These companies offer a suite of online tools that are used by businesses of all sizes.
4. What is the vision of SaaS companies?
The vision of SaaS companies is to be the world’s leading provider of software as a service. They strive to help businesses grow faster with less effort.
5. What are some awards and recognition that SaaS companies have received?
SaaS companies have received multiple awards and recognition, such as Forbes Cloud 100 2018 – The Definitive List Of The Top 100 Private Companies In Cloud Computing. This recognition highlights the SaaS industry leaders globally.
6. How can SaaS help businesses grow faster?
SaaS can help businesses grow faster by providing a suite of online tools that are easy to use and accessible from anywhere with an internet connection. SaaS companies also offer lower upfront costs and increased flexibility, scalability, and collaboration.
Also Read: Top 10 SaaS Companies in Hyderabad 2024
