Software as a Service (SaaS) companies are transforming the business landscape by providing services through online platforms, enabling them to serve a global customer base instantly and scale without increasing product delivery costs.
In recent years, the SaaS industry in India has gained remarkable momentum, with several startups establishing their presence and making an impact in this fast-growing sector.
India has approximately 1,000 SaaS startups, among which 10 have achieved unicorn status.
These companies collectively generate between $2 billion to $3 billion in annual revenue and employ about 40,000 people.
This story is from the November 04, 2024 edition of The Business Guardian.
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This story is from the November 04, 2024 edition of The Business Guardian.
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