Fastest Growing Indian SaaS Companies
Few words before we start…!
Indian companies doing very well in IT Services and Solutions compared to any other countries but when it comes to SaaS (Software as a Service) industry, most of the startup make products with good UI/UX Design, using the latest technology and fails in Software Standardization, Marketing.
But here I mentioned a few companies doing exceptionally good in every possible way to fulfilling customer needs in the domestic and overseas market.
Note: This data was collected from LinkedIn, Crunchbase,Gartner.
Zoho Corporation
Zoho offers a suite of business, collaboration, and productivity applications. The company offers over 50+online applications from CRM to mail, Service desk, office suite, project management, invoicing, email marketing, social media management, IoT Services and much more.
Zoho Corp giving fierce competition for Salesforce, Atlassian, Microsoft and Google.
According to Zoho Corp, they have 45 million trusted users globally including some big Fortune 500 companies Amazon, Samsung, Toyota, Siemens, Panasonic, JPMorgan Chase, Reliance Industries, IBM, L’Oreal
Founders: Sridhar Vembu and Tony G. Thomas
Employees: 7500+
Estimated Revenue: $700M+(undisclosed)
Freshworks
Freshworks creates solutions for support and sales, to engage with and delight both customers and employees. It’s now tagged in an unicorn club, valued more than $1.5 billion after raising fund from Accel, Tiger Global, CapitalG, Sequoia. This company offering a suite of 10 business software products Freshdesk, Freshservice, Freshsales, Freshcaller, Freshchat and more.
Freshworks giving strong competition for Zendesk, Zoho and Intercom.
According to Freshworks, they have 150K+ trusted businesses globally including companies like Honda, Toshiba, Cisco, Bridgestone.
Founders: Girish Mathrubootham, Shan Krishnasamy
Employees: 1500+
Estimated Revenue: $100M+
Directi
Directi is a private company has 350+ million dollars group of Businesses, that develop innovative mass-market Web Products serving millions of Customers worldwide.
Directi businesses rank amongst the fastest growing businesses worldwide in their corresponding industry segments. The combined Product Portfolio of various Directi businesses includes — Communication and Collaboration apps, Social Networking software, Instant messaging, Context Analysis Engines, Antispam and Antivirus Solutions, Large scale Billing and Provisioning platforms, Traffic Monetization Solutions, Online Advertising Solutions, DNS Management Products, Linux and Windows Server Management Software, Web Hosting Control Panels and much more.
Directi gives tough competition for Slack, Microsoft Team, Hackerearth and Sodexo.
According to Directi, their products are used by 30000+ companies including New Gen, McDonald’s, Coupondunia, Times of India, Cisco and Lionbridge.
Founders: Bhavin Turakhia, Divyank Turakhia
Estimated Revenue: $250+ Million USD
Employees: 1700+
InMobi
InMobi enables the world’s leading brands, developers and publishers to engage global consumers through mobile advertising. Platforms leverage advances in big data, user behavior, and cloud-based architectures to simplify mobile advertising for its customers. InMobi’s latest valuation is reported to be $1 billion.
InMobi giving strong competition for Amobee, Smaato , Verve Mobile and YeahMobi.
According to InMobi, their products are used by Amazon, Netflix, HBO, Audi, Lenovo, Samsung and much more.
Founders: Naveen Tewari, Mohit Saxena, Amit Gupta, Abhay Singhal
Estimated Revenue: $300 Million USD (Appx.)
Employees: 1500+
Pubmatic
PubMatic is the leading marketing automation software company for publishers. The company’s marketing automation software platform provides a global roster of comScore publishers with a single view into their advertiser relationships across every screen, every channel, and every format.
PubMatic giving strong competition for DataXu, Visiblee, Simon Data and Supermetrics.
According to PubMatic, their products are used by 800 million users globally.
Founders: Amar Goel, Rajeev Goel, and Mukul Kumar
Estimated Revenue: $200+ Million USD (Appx.)
Employees: 700+
Ramco Systems
Ramco Systems develops software for developing, deploying, and managing personalized applications throughout enterprises, primarily for corporate performance and human resources management purposes. It directs its products and services toward the manufacturing, aerospace, health care, and finance industries.
Ramco giving tough competition for Tally, SAP, ADP, Workday, Kronos.
According to Ramco, their products are used by 1000+ Companies globally including Schneider Electric, Dabur, Emirates, Bata, ITC Ltd, MakeMyTrip.
Founders: P.R.Venketrama Raja and Virender Aggarwal
Estimated Revenue: $78+ Million USD (Appx.)
Employees: 1,755+
Capillary Technologies
Capillary’s Intelligent Customer Engagement suite of products integrates all the essentials for customer engagement. With a robust combination of big data and cloud-based analytics engine, Capillary optimizes discounts, offers and increases the profitability to customers.
Capillary giving fierce competition for Medidata, Cloudera, New Relic and Rapid7.
According to Capillary, their products are used by 70M+ consumers across 10000+ stores including Walmart, Pizza Hut, McDonald’s, KFC, Puma, Bata, and Unilever.
Founders: Krishna Mehra, Aneesh Reddy, and Ajay Modani
Estimated Revenue: $30+ Million USD
Employees: 800+
Wingify
Wingify claims to pioneer easy A/B testing and is now focusing heavily on the future of testing and optimization. The company’s flagship product is Visual Website Optimizer (VWO), which helps sales and marketing professional in increasing sales and conversions on the website. It uses a wide array of techniques such as A/B testing, heatmaps, behavioral targeting, usability testing, etc.
Wingify giving strong competition for Kissmetrics, Google Analytics, Zoho Pagesense, Hubspot and Optimizely etc.
According to Wingify, their products are used by 5,000+ companies including eBay, Ubisoft, Target, Super Retail Group, Hubspot, Lenovo, Domino’s and yesware.
Founders: Paras Chopra
Estimated Revenue: $20 — $30 Million USD
Employees: 200+
Tally Solutions Pvt Ltd
Tally has been a constant source of unmatched innovations and thus, continues unchallenged as the industry leader in enterprise resource planning software for medium and small businesses.
Tally giving strong competition for SAP, Ramco ERP, Zoho Books & QuickBooks.
Today, Tally’s products cater to millions of users across industries in nearly 100 countries. A network of over 25,000 experienced Tally Partners delivers unmatched customer experience in sales, support, and services including customization and integration.
Founders: Shyam Sunder Goenka, Bharat Goenka
Estimated Revenue: $40.8+ Million USD (Appx.)
Employees: 1000 (Appx.)
FusionCharts
FusionCharts is a software provider of data visualization products (JavaScript Charts, Maps, Widgets, and Dashboards). The company has the most comprehensive JavaScript charting library, with over 90+ charts and 1000+ maps.
FusionCharts giving strong competition for Highcharts, D3.js, Chart.js and n3 Charts etc.
According to FusionCharts, their product is used by 28000+ Companies including Facebook, Google, Apple, Autodesk, Oracle, Adobe and Microsoft.
Founders: Pallav Nadhani
Estimated Revenue: $10+ Million USD (Appx.)
Employees: 100+
WebEngage
WebEngage is a multi-channel user engagement platform which automates communication across users’ life-cycle. The company builds enriched user profiles for every single user (registered, as well as anonymous) using your website and/or mobile app. Moreover, you can ‘segment’ these users based on their behavior, and engage with them via multiple channels.
WebEngage giving strong competition for SmarterHQ, MailChimp, Hubspot and Marketo.
According to WebEngage, their product is used by 300 million users monthly and paid companies are eBay, Flipkart, Pfizer, MakeMyTrip, and MTV.
Founders: Avlesh Singh and Ankit Utreja
Estimated Revenue: $10+ Million USD
Employees: 50+
OrangeScape
Orangescape developed Kissflow which is a work automation platform designed for small and mid-sized businesses to automate their internal workflows and business processes. On this platform, a user can install up to 50 apps into their daily workflow operations.
Kissflow giving tough competition for Zapier, Nintex, Serena Software and accelo.
According to Orangescape, Workflow Management Software used by 10,000+ Companies includes Pepsi, Michelin, Airbus, Domino’s, The Telegraph.
Founders: Suresh Sambandam
Employees: ~150
Estimated Revenue: $10M (Appx.)
FourKites
FourKites is the real-time supply chain visibility platform that Fortune 500 companies and 3PLs trust to track shipment location and temperature and proactively manage exceptions. Using a proprietary predictive algorithm to calculate shipment arrival times, FourKites enables customers to lower their operating costs, improve on-time performance, and strengthen their end-customer relationships.
FourKites giving tough competition for One Network Enterprises,Cargosnap, Baxter Planning Systems, Ultriva, Amber Road, Navegate and MPO.
Founders: Mathew Elenjickal
Employees: 150+
Estimated Revenue: $10M+
Agile CRM
Agile CRM is a Sales and Marketing CRM for small and medium businesses. It’s complete with everything from web pop-ups and email templates advanced sales and marketing automation; and is designed to help small businesses sell and market like the Fortune 500, at a fraction of the cost.
Agile CRM giving tough competition for Hubspot, Splio, Suger CRM, Salesforce and Zoho.
According to Agile CRM, their products are used by 15,000+ companies including Indeed, TNW, Peopleperhour, and Base suit.
Founders: Manohar Chapalamadugu
Estimated Revenue: $7+ Million USD
Employees: 200+
Tenmiles
Tenmiles Corporation is an independent software development company. With a focus on creating web-based software that makes life easier for everyone using them, Tenmiles has a couple of products making up the “vanity shelf”. Along with their flagship help desk software HappyFox, that provides customer support solutions to companies, they also have a lot more products are Screenswift, DoAttend, Wonderful Day, HelpDesk Pilot and HappyFox Chat.
Tenmiles giving competition for Freshworks, Servicepower, thinQ and Zendesk.
According to Tenmiles, their products are used by Jabra, Lowe’s, Whirlpool, Leapfrog, Kindling companies.
Founders: Shalin Jain
Employees: 10–50
Estimated Revenue: $5M+
Chargebee
Chargebee is a recurring billing platform for subscription-based SaaS and E-commerce businesses. It allows you to automate payment collection, invoicing, email notifications and customer management, by integrating with leading payment gateways.
Chargebee giving competition for Chargify, Zoho Subscription and Zuora.
According to chargebee, their products are used by trusted customers Freshworks, Fujitsu, freedom, Doodle and 7500+ companies.
Founders: Krish Subramaniam, Rajaraman Santhanam, Thiyagu, Saravanan
Estimated Revenue: $5+ Million USD
Employees: 120+
Exotel
Exotel aims to help businesses, both large and small, manage their business phone system via a virtual phone system.
Exotel giving strong competition for Cisco Unified Contact Center, Talkdesk, Aircall, Amazon Connect, Zendesk Talk and Genesys.
According to Exotel, their product is used by Ola, Uber, Redbus, Quikr, Wingify and other 2500+ Companies.
Founders: Shivakumar Ganesan
Estimated Revenue: $10+ Million USD (Appx.)
Employees: 200+
Postman
The Postman toolchain can help to build software that is useful across various use cases ranging from a single developer to an enterprise. We are building for the future where everything is going to be connected.
Postman giving strong competition for swagger.
According to Postman, their product is used by 6M+ developers and Microsoft, Shopify, Zoho, Intuit, Sony, Cisco, and other 200K+ Companies.
Founders: Abhinav Asthana, Abhijit Kane, Ankit Sobti
Estimated Revenue: $3+ Million USD
Employees: 50+
Hackerrank
HackerRank is a technology hiring platform that is the standard for assessing developer skills. By enabling tech recruiters and hiring managers to objectively evaluate talent at every stage of the recruiting process, HackerRank helps companies hire skilled developers and innovate faster.
Hackerrank ranks number one among the competitors like Hackerearth, Topcoder, Codechef etc.
According to Hackerrank, their product is used by 1000+ companies including Atlassian, Adobe, Goldman Sachs, Flipkart, Booking.com and Uber.
Founders: Vivek Ravisankar, Hari Karunanidhi
Estimated Revenue: $6+ Million USD
Employees: 200+
Honorable Mentions
If I have missed out any of the fastest growing SaaS companies in India or if you would like to modify any information for any company, drop in a comment and will do the necessary update.
If you liked this article, please clap it up and share it so that others can find it!
Contact Me:
