Some SaaS players more vulnerable to AI: Peak XV’s Sethi
With generative AI emerging as the omnipresent force, Peak XV Partners’ Harshjit Sethi foresees an interesting inflection point for the SaaS industry, and home-grown Indian players.
With generative AI emerging as the omnipresent force, Peak XV Partners’ Harshjit Sethi foresees an interesting inflection point for the SaaS industry, and home-grown Indian players.
Wealth management SaaS platform wants to democratise access to sophisticated financial tools typically reserved for billionaires.
Investments in Indian SaaS reached an all-time high of around $5 billion in 2022, says Bain & Company.
Despite its growth trajectory, the industry will not escape the scourge of the macroeconomic instability and is expected to see consolidation, says Zoho CEO Sridhar Vembu.
With this, LeadSquared has become the 103rd startup to enter the coveted unicorn club in India. LeadSquared offers an end-to-end efficiency platform for businesses working across different segments.
Being able to get large enterprises on board is where SaaS players have been able to make a dent. Enterprise vertical contributes more than 40% to SaaS revenues
A SaaS logistics tech startup, Locus today counts conglomerates like Unilever and Tata Group among its clients.
“With an increasing number of world-class founders and strong investor support, Indian SaaS companies are poised to reach $30 billion in revenue by 2025,” analysts at Bain & Company.
“Picking an investor and board member is as important as picking your co-founder. Never be enamoured by the brand of an investor, be concerned about the person who will be on board.”
The SaaS unicorn—whose co-founders are part of Fortune India’s 40 Under 40 list this year—has more than doubled its valuation in a little over a year.