Indian SaaS Firms to Reach $30 Billion in sales by 2025

According to a recently released report, the number of SaaS (Software as a Service) firms in India has increased in the past five years, and that the revenue of these firms can reach $30 billion by 2025. Currently, India has 13 SaaS companies in total with over $100 million Annual Recurring Revenue and more than 35 SaaS firms with over $20 million Annual Recurring Revenue.

These companies have more than 62,000 employees and are creating a group of professionals with SaaS-relevant skills in India. There are SaaS companies that are giving tough competition to their counterparts in the USA.