Top 10 Software as a Service (SaaS) Companies in India [Updated list 2023]
The SaaS industry in India is growing rapidly, with new companies springing up all the time. SaaS companies provide software as a service, which allows businesses to access and use software applications remotely, on a pay-as-you-go basis.
There are many SaaS companies operating in India, catering to businesses of all sizes. Some of the leading SaaS companies in India include Zoho, Freshworks, and Salesforce. These companies offer a wide range of software applications that can help businesses with everything from customer relationship management (CRM) to accounting and invoicing.
Saas companies are software companies that develop and sell software as a service. Saas companies in India are growing at a fast pace and are attracting more and more foreign investors.
With the SaaS industry in India expected to grow even further in the coming years, there has never been a better time to consider using SaaS solutions for your business. If you’re looking for a SaaS company to partner with, be sure to check out our list of the top SaaS companies in India.
Here is the list of Top 10 Software as a Service (SaaS) Companies in India:
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Dukaan
Dukaan is an innovative eCommerce platform that has been making waves in India since its inception. Developed locally in India, Dukaan allows users to build, manage, and scale their own online stores quickly and easily, without the need for any coding or design skills. With Dukaan, anyone can create an online storefront in seconds, making it an ideal choice for small business owners, entrepreneurs, and anyone looking to enter the eCommerce space.Founded by Suumit Shah, Dukaan has rapidly gained popularity in India, attracting significant investments along the way. To date, the platform has raised a total of $17 million in funding, reflecting the confidence that investors have in its potential to disrupt the Indian eCommerce landscape.
In addition to its success in securing funding, Dukaan has also been recognized as a leading player in the eCommerce industry by reputable organizations such as Kalaari Capital. The company was identified as one of the top eCommerce enablers in the “Beyond E-Commerce 3.0” report published by Kalaari Capital. This recognition is a testament to the quality and effectiveness of the Dukaan platform, as well as its potential to shape the future of eCommerce in India.
Furthermore, Dukaan’s achievements have not gone unnoticed, as the company was recently named to the prestigious “Deloitte Technology Fast 50 India” list in 2022. This is a remarkable accomplishment and a testament to the company’s rapid growth, innovative technology, and overall impact on the Indian eCommerce market.
Dukaan’s ability to attract funding and recognition from reputable organizations, such as Kalaari Capital and Deloitte, is a clear indication of its potential to be a top player in the Indian eCommerce space in the years to come.
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.
