India has emerged as a global hub for Software as a Service (SaaS) startups, leveraging its rich pool of tech talent, cost-effective operations, and growing digital infrastructure. These startups are revolutionizing various sectors by providing innovative software solutions that are scalable, cost-effective, and efficient. Here’s a look at the top 10 SaaS startups in India that are making significant waves in the software industry.
1. Freshworks
Summary :
Founded in 2010 by Girish Mathrubootham and Shan Krishnasamy, Freshworks is a Chennai-based SaaS company that has become a global leader in customer engagement software solutions. Freshworks offers a range of products designed to enhance customer and employee experiences, including Freshdesk for customer support, Freshservice for IT service management, and Freshsales for CRM needs. The company was listed on NASDAQ in 2021, marking a significant milestone. Freshworks serves over 50,000 customers worldwide, showcasing its extensive reach and influence in the software industry.
| Attribute | Details |
|---|---|
| Founders | Girish Mathrubootham, Shan Krishnasamy |
| Founded Year | 2010 |
| Headquarters | Chennai |
| Key Products | Freshdesk, Freshservice, Freshsales |
| Achievements | Listed on NASDAQ in 2021, serves over 50,000 customers globally |
Overview
Freshworks, headquartered in Chennai, is one of the most renowned SaaS companies in India. Founded in 2010 by Girish Mathrubootham and Shan Krishnasamy, Freshworks provides a suite of products aimed at improving customer and employee engagement.
Key Products
- Freshdesk: A customer support software.
- Freshservice: An IT service management solution.
- Freshsales: A CRM tool.
Achievements
- Freshworks was listed on the NASDAQ in 2021.
- It serves over 50,000 customers worldwide, including notable names like Honda, Bridgestone, and Hugo Boss.
2. Zoho Corporation
Summary :
Zoho, established in 1996 by Sridhar Vembu, is a pioneering SaaS company headquartered in Chennai. Known for its comprehensive suite of business, productivity, and collaboration applications, Zoho has become a household name in the global software market. Key products include Zoho CRM, Zoho Books, and Zoho Projects, which cater to various business needs. With over 60 million users globally, Zoho has built a robust ecosystem of applications that support businesses of all sizes, solidifying its reputation as a versatile and innovative tech giant.
| Attribute | Details |
|---|---|
| Founders | Sridhar Vembu |
| Founded Year | 1996 |
| Headquarters | Chennai |
| Key Products | Zoho CRM, Zoho Books, Zoho Projects |
| Achievements | Over 60 million users globally, wide product range |
Overview
Zoho, founded by Sridhar Vembu, operates out of Chennai and is a giant in the SaaS space. Zoho offers a comprehensive suite of business, productivity, and collaboration applications.
Key Products
- Zoho CRM: Customer relationship management software.
- Zoho Books: Accounting software.
- Zoho Projects: Project management tool.
Achievements
- Zoho has over 60 million users globally.
- Known for its innovative approach and wide product range, Zoho continues to expand its global footprint.
3. Chargebee
Summary :
Chargebee, founded in 2011 by Krish Subramanian, Rajaraman Santhanam, Saravanan KP, and Thiagarajan T, is a Chennai-based SaaS company specializing in subscription billing and revenue operations. Chargebee’s platform simplifies subscription management, billing, invoicing automation, and revenue recognition for businesses. The company has raised significant funding, including a $125 million Series G round, and supports thousands of customers across more than 50 countries. Chargebee’s innovative solutions have positioned it as a key player in the subscription economy.
| Attribute | Details |
|---|---|
| Founders | Krish Subramanian, Rajaraman Santhanam, Saravanan KP, Thiagarajan T |
| Founded Year | 2011 |
| Headquarters | Chennai |
| Key Products | Subscription Management Platform, Billing and Invoicing Automation, Revenue Recognition |
| Achievements | Raised $125 million Series G round, supports thousands of customers in over 50 countries |
Overview
Chargebee, founded in 2011 by Krish Subramanian, Rajaraman Santhanam, Saravanan KP, and Thiagarajan T, is a Chennai-based startup specializing in subscription billing and revenue operations.
Key Products
- Subscription Management Platform
- Billing and Invoicing Automation
- Revenue Recognition
Achievements
- Chargebee has raised significant funding, including a $125 million Series G round.
- It supports thousands of customers in over 50 countries.
4. Postman
Summary :
Founded in 2014 by Abhinav Asthana, Ankit Sobti, and Abhijit Kane, Postman is a SaaS company that has revolutionized API development and testing. Although headquartered in San Francisco, Postman has significant operations in India. Its platform is used by over 17 million developers and 500,000 companies worldwide to simplify API workflows. Valued at over $5 billion after its Series D funding round, Postman is instrumental in making API development accessible and efficient for tech teams globally.
| Attribute | Details |
|---|---|
| Founders | Abhinav Asthana, Ankit Sobti, Abhijit Kane |
| Founded Year | 2014 |
| Headquarters | San Francisco (with significant operations in India) |
| Key Products | Postman API Platform |
| Achievements | Valued at over $5 billion after Series D funding round, used by over 17 million developers and 500,000 companies |
Overview
Postman, established in 2014 by Abhinav Asthana, Ankit Sobti, and Abhijit Kane, started as a simple Chrome extension to simplify API testing and has grown into a comprehensive API platform.
Key Products
- Postman API Platform: For building, testing, and managing APIs.
Achievements
- Valued at over $5 billion after its Series D funding round.
- Over 17 million developers and 500,000 companies use Postman.
5. Innovaccer
Summary :
Innovaccer, founded in 2014 by Abhinav Shashank, Kanav Hasija, and Sandeep Gupta, is a SaaS company that focuses on healthcare data interoperability and analytics. Headquartered in San Francisco, with substantial operations in India, Innovaccer’s platform helps healthcare organizations unify and analyze their data to improve patient outcomes and operational efficiency. The company has raised over $225 million in funding, reflecting its impact and potential in transforming healthcare data management and accessibility.
| Attribute | Details |
|---|---|
| Founders | Abhinav Shashank, Kanav Hasija, Sandeep Gupta |
| Founded Year | 2014 |
| Headquarters | San Francisco (with significant operations in India) |
| Key Products | Data Activation Platform, Population Health Management, Healthcare Analytics |
| Achievements | Raised over $225 million in funding, recognized for improving healthcare data accessibility |
Overview
Innovaccer, founded in 2014 by Abhinav Shashank, Kanav Hasija, and Sandeep Gupta, focuses on healthcare data interoperability and analytics. The company aims to streamline data across the healthcare ecosystem.
Key Products
- Data Activation Platform
- Population Health Management
- Healthcare Analytics
Achievements
- Raised over $225 million in funding.
- Recognized for its contributions to improving healthcare data accessibility.
6. Darwinbox
Summary :
Established in 2015 by Jayant Paleti, Chaitanya Peddi, and Rohit Chennamaneni, Darwinbox is a Hyderabad-based SaaS company providing a comprehensive HR tech platform. The platform addresses the end-to-end employee lifecycle needs of organizations, including core HR management, talent management, and employee engagement tools. Darwinbox serves over 1.5 million employees across more than 650 enterprises and has raised significant funding, including a $72 million Series D round. Its innovative solutions have made it a preferred choice for enterprises looking to modernize their HR processes.
| Attribute | Details |
|---|---|
| Founders | Jayant Paleti, Chaitanya Peddi, Rohit Chennamaneni |
| Founded Year | 2015 |
| Headquarters | Hyderabad |
| Key Products | Core HR Management, Talent Management, Employee Engagement Tools |
| Achievements | Serving over 1.5 million employees across 650+ enterprises, raised $72 million in Series D round |
Overview
Founded in 2015 by Jayant Paleti, Chaitanya Peddi, and Rohit Chennamaneni, Darwinbox is an HR tech platform that caters to the end-to-end employee lifecycle needs of organizations.
Key Products
- Core HR Management
- Talent Management
- Employee Engagement Tools
Achievements
- Serving over 1.5 million employees across 650+ enterprises.
- Raised significant funding, including a $72 million Series D round.
7. CleverTap
Summary :
CleverTap, founded in 2013 by Sunil Thomas, Anand Jain, and Suresh Kondamudi, is a Mumbai-based SaaS company offering a mobile marketing and customer retention platform. CleverTap’s tools help businesses manage customer lifecycles, personalize engagement, and analyze user behavior. The company works with over 8,000 brands, including major names like Sony, Vodafone, and Domino’s, and has raised over $77 million in Series D funding. CleverTap’s focus on customer retention and personalized marketing has made it a leader in the mobile marketing space.
| Attribute | Details |
|---|---|
| Founders | Sunil Thomas, Anand Jain, Suresh Kondamudi |
| Founded Year | 2013 |
| Headquarters | Mumbai |
| Key Products | Customer Lifecycle Management, Personalization and Engagement Tools, Analytics |
| Achievements | Works with over 8,000 brands, raised $77 million in Series D funding |
Overview
CleverTap, co-founded by Sunil Thomas, Anand Jain, and Suresh Kondamudi in 2013, is a mobile marketing and customer retention platform.
Key Products
- Customer Lifecycle Management
- Personalization and Engagement Tools
- Analytics
Achievements
- Works with over 8,000 brands, including Sony, Vodafone, and Domino’s.
- Raised over $77 million in Series D funding.
8. BrowserStack
Summary :
Founded in 2011 by Ritesh Arora and Nakul Aggarwal, BrowserStack is a Mumbai-based SaaS company providing cloud-based cross-browser testing tools. Its key products, such as Live, Automate, and App Live, allow developers to test their websites and mobile applications across various browsers and devices. BrowserStack has over 50,000 customers, including Microsoft, Twitter, and Mastercard, and raised $200 million in Series B funding, achieving unicorn status. The company’s reliable testing solutions have become essential for developers ensuring browser compatibility and performance.
| Attribute | Details |
|---|---|
| Founders | Ritesh Arora, Nakul Aggarwal |
| Founded Year | 2011 |
| Headquarters | Mumbai |
| Key Products | Live, Automate, App Live |
| Achievements | Over 50,000 customers, raised $200 million in Series B funding, achieved unicorn status |
Overview
BrowserStack, established in 2011 by Ritesh Arora and Nakul Aggarwal, provides cloud-based cross-browser testing tools.
Key Products
- Live: Interactive browser testing.
- Automate: Selenium testing at scale.
- App Live: Mobile app testing.
Achievements
- Over 50,000 customers, including Microsoft, Twitter, and Mastercard.
- Raised $200 million in Series B funding, achieving unicorn status.
9. Whatfix
Summary :
Whatfix, founded in 2014 by Khadim Batti and Vara Kumar, is a Bangalore-based SaaS company that offers a Digital Adoption Platform (DAP). Whatfix helps organizations enhance user adoption of software applications through in-app guidance, employee training, and user onboarding tools. The company works with over 500 clients, including Cisco, Experian, and BNY Mellon, and has raised $90 million in Series D funding. Whatfix’s solutions are crucial for businesses looking to maximize the value of their software investments by improving user engagement and productivity.
| Attribute | Details |
|---|---|
| Founders | Khadim Batti, Vara Kumar |
| Founded Year | 2014 |
| Headquarters | Bangalore |
| Key Products | In-App Guidance, Employee Training, User Onboarding |
| Achievements | Works with over 500 companies, raised $90 million in Series D funding |
Overview
Whatfix, founded by Khadim Batti and Vara Kumar in 2014, offers a Digital Adoption Platform (DAP) to help companies enhance user adoption of software applications.
Key Products
- In-App Guidance
- Employee Training
- User Onboarding
Achievements
- Works with over 500 companies, including Cisco, Experian, and BNY Mellon.
- Raised $90 million in Series D funding.
10. MindTickle
Summary :
MindTickle, founded in 2011 by Krishna Depura, Nishant Mungali, and Mohit Garg, is a Pune-based SaaS company focused on sales readiness and enablement. Its platform offers tools for sales training, onboarding, coaching, and performance management. MindTickle has raised over $281 million in funding and is trusted by leading companies like Johnson & Johnson, SAP, and Wipro. The company’s innovative approach to sales enablement helps organizations improve their sales teams’ productivity and effectiveness.
| Attribute | Details |
|---|---|
| Founders | Krishna Depura, Nishant Mungali, Mohit Garg |
| Founded Year | 2011 |
| Headquarters | Pune |
| Key Products | Sales Training and Onboarding, Sales Coaching, Performance Management |
| Achievements | Raised over $281 million in funding, trusted by leading companies like Johnson & Johnson, SAP, and Wipro |
Overview
MindTickle, co-founded by Krishna Depura, Nishant Mungali, and Mohit Garg in 2011, focuses on sales readiness and enablement.
Key Products
- Sales Training and Onboarding
- Sales Coaching
- Performance Management
Achievements
- Raised over $281 million in funding.
- Trusted by leading companies like Johnson & Johnson, SAP, and Wipro.
Frequently Asked Questions (FAQs) about SaaaS Startups for Software in india
| Startup | Question | Answer |
|---|---|---|
| Freshworks | What is Freshworks? | Freshworks is a SaaS company providing customer engagement software solutions. |
| What are the key products of Freshworks? | Freshdesk (customer support), Freshservice (IT service management), Freshsales (CRM tool). | |
| Where is Freshworks headquartered? | Chennai, India. | |
| When was Freshworks founded? | 2010. | |
| Who are the founders of Freshworks? | Girish Mathrubootham and Shan Krishnasamy. | |
| What notable achievements does Freshworks have? | Freshworks was listed on NASDAQ in 2021 and serves over 50,000 customers worldwide. | |
| Zoho | What is Zoho? | Zoho is a SaaS company that offers a suite of business, productivity, and collaboration applications. |
| What are the key products of Zoho? | Zoho CRM, Zoho Books, Zoho Projects. | |
| Where is Zoho headquartered? | Chennai, India. | |
| When was Zoho founded? | 1996. | |
| Who are the founders of Zoho? | Sridhar Vembu. | |
| What notable achievements does Zoho have? | Zoho has over 60 million users globally and offers a wide range of products. | |
| Chargebee | What is Chargebee? | Chargebee is a SaaS company specializing in subscription billing and revenue operations. |
| What are the key products of Chargebee? | Subscription Management Platform, Billing and Invoicing Automation, Revenue Recognition. | |
| Where is Chargebee headquartered? | Chennai, India. | |
| When was Chargebee founded? | 2011. | |
| Who are the founders of Chargebee? | Krish Subramanian, Rajaraman Santhanam, Saravanan KP, and Thiagarajan T. | |
| What notable achievements does Chargebee have? | Chargebee has raised significant funding, including a $125 million Series G round, and supports thousands of customers in over 50 countries. | |
| Postman | What is Postman? | Postman is a SaaS company that provides an API platform for building, testing, and managing APIs. |
| What are the key products of Postman? | Postman API Platform. | |
| Where is Postman headquartered? | San Francisco, with significant operations in India. | |
| When was Postman founded? | 2014. | |
| Who are the founders of Postman? | Abhinav Asthana, Ankit Sobti, Abhijit Kane. | |
| What notable achievements does Postman have? | Postman is valued at over $5 billion after its Series D funding round and is used by over 17 million developers and 500,000 companies. | |
| Innovaccer | What is Innovaccer? | Innovaccer is a SaaS company that focuses on healthcare data interoperability and analytics. |
| What are the key products of Innovaccer? | Data Activation Platform, Population Health Management, Healthcare Analytics. | |
| Where is Innovaccer headquartered? | San Francisco, with significant operations in India. | |
| When was Innovaccer founded? | 2014. | |
| Who are the founders of Innovaccer? | Abhinav Shashank, Kanav Hasija, Sandeep Gupta. | |
| What notable achievements does Innovaccer have? | Innovaccer has raised over $225 million in funding and is recognized for improving healthcare data accessibility. | |
| Darwinbox | What is Darwinbox? | Darwinbox is a SaaS company providing an HR tech platform that caters to the end-to-end employee lifecycle needs of organizations. |
| What are the key products of Darwinbox? | Core HR Management, Talent Management, Employee Engagement Tools. | |
| Where is Darwinbox headquartered? | Hyderabad, India. | |
| When was Darwinbox founded? | 2015. | |
| Who are the founders of Darwinbox? | Jayant Paleti, Chaitanya Peddi, Rohit Chennamaneni. | |
| What notable achievements does Darwinbox have? | Darwinbox serves over 1.5 million employees across 650+ enterprises and has raised significant funding, including a $72 million Series D round. | |
| CleverTap | What is CleverTap? | CleverTap is a SaaS company that provides a mobile marketing and customer retention platform. |
| What are the key products of CleverTap? | Customer Lifecycle Management, Personalization and Engagement Tools, Analytics. | |
| Where is CleverTap headquartered? | Mumbai, India. | |
| When was CleverTap founded? | 2013. | |
| Who are the founders of CleverTap? | Sunil Thomas, Anand Jain, Suresh Kondamudi. | |
| What notable achievements does CleverTap have? | CleverTap works with over 8,000 brands, including Sony, Vodafone, and Domino’s, and has raised over $77 million in Series D funding. | |
| BrowserStack | What is BrowserStack? | BrowserStack is a SaaS company that provides cloud-based cross-browser testing tools. |
| What are the key products of BrowserStack? | Live (interactive browser testing), Automate (Selenium testing at scale), App Live (mobile app testing). | |
| Where is BrowserStack headquartered? | Mumbai, India. | |
| When was BrowserStack founded? | 2011. | |
| Who are the founders of BrowserStack? | Ritesh Arora, Nakul Aggarwal. | |
| What notable achievements does BrowserStack have? | BrowserStack has over 50,000 customers, including Microsoft, Twitter, and Mastercard, and has raised $200 million in Series B funding, achieving unicorn status. | |
| Whatfix | What is Whatfix? | Whatfix is a SaaS company that offers a Digital Adoption Platform (DAP) to help companies enhance user adoption of software applications. |
| What are the key products of Whatfix? | In-App Guidance, Employee Training, User Onboarding. | |
| Where is Whatfix headquartered? | Bangalore, India. | |
| When was Whatfix founded? | 2014. | |
| Who are the founders of Whatfix? | Khadim Batti, Vara Kumar. | |
| What notable achievements does Whatfix have? | Whatfix works with over 500 companies, including Cisco, Experian, and BNY Mellon, and has raised $90 million in Series D funding. | |
| MindTickle | What is MindTickle? | MindTickle is a SaaS company that focuses on sales readiness and enablement. |
| What are the key products of MindTickle? | Sales Training and Onboarding, Sales Coaching, Performance Management. | |
| Where is MindTickle headquartered? | Pune, India. | |
| When was MindTickle founded? | 2011. | |
| Who are the founders of MindTickle? | Krishna Depura, Nishant Mungali, Mohit Garg. | |
| What notable achievements does MindTickle have? | MindTickle has raised over $281 million in funding and is trusted by leading companies like Johnson & Johnson, SAP, and Wipro. |
Conclusion
India’s SaaS landscape is vibrant and rapidly growing, with startups offering innovative solutions across various industries. These top 10 SaaS startups are leading the charge, demonstrating the potential of Indian ingenuity and technology on the global stage. With continued investment and innovation, the future looks promising for India’s SaaS sector.
