Over the last decade, India has witnessed an exponential growth in SaaS centric establishments. According to the NASSCOM report, the Indian SaaS market value was $407 Million in 2016.
However, the Economic Times report shows, Indian SaaS companies will reach $30 Billion in revenue by 2025.
The revenue of B2B SaaS companies in India is on par with industries like E-commerce, Healthcare, etc. SaaS applications are being deployed across all sectors from education to healthcare.
The top 10 SaaS Development Companies in India like EDIIIE and Zoho are growing day by day. A joint report of Google and Accel shows that India will be equipped with a $10 Billion revenue SaaS industry with an 8% share of the global SaaS terrain.
Against this backdrop, let’s assess some of the best SaaS Development Companies in India. These companies are establishing a telling presence not just locally, but on a global pedestal as well.
EDIIIE
Let’s start with EDIIIE at the top of the pyramid. This is well known as one of the best SaaS development companies in India. EDIIIE gleams with technical expertise and innovative flair.
Being a reputable SaaS development company, EDIIIE has made a noticeable impression. It has launched multiple top-notch business solutions that companies across industries, niches, and sizes can leverage.
The Gurgaon-based company provides out-of-the-box SaaS solutions for all verticals. EDIIIE has radically transformed and helped companies streamline their business operations, resource management. Production, and finance.
Zoho
Zoho Corporation Private Limited is another prime SaaS start-up in India. Founded as AdventNet, Zoho is headquartered at Chennai, Tamil Nadu. Primarily, the company intended to provide web-based and cloud-based solutions for businesses. At present, Zoho offers diverse SaaS solutions for productivity, inventory management, business operation optimization, collaboration and so on. The customer service of Zoho is also one of the best in India.
WebEngage
WebEngage is a SaaS software development company based in Mumbai, India. Like its name, it was incepted as an onsite engagement tool that companies could employ to drive traffic to their websites. At present WebEngage develops a range of automated marketing SaaS tools for companies, aiding to their online marketing campaign.
Web Engage SaaS services cover analytics, customer segmentation, personalized marketing, product life cycle management, workflow balancing, etc.
Related post: The Ultimate Guide to SEO for SaaS
IBSFintech
IBSFintech offers SaaS solutions specially structured for smooth finance management. From treasury management and forex to corporate finance management, this SaaS software development company in India addresses it all.
Small and large business enterprises can equally leverage IBSFintech’s innovative and top-notch SaaS solutions to manage business finance. Moreover, the company offers prompt and timely finance insights, aiding companies to avoid any potential financial risks.
Freshworks
Freshworks is another reputable Indian SaaS software development company, growing in leaps and bound. It dedicatedly provides high-tech SaaS customer engagement and management solutions for business enterprises of all sizes. The company offers ready-to-go SaaS solutions and also promise hassle-free installation and maintenance.
Freshworks has already launched a range of SaaS customer solutions like Freshdesk, Freshchat, Freshsales, and many more.
AgileCRM
Like the name, AgileCRM is a leading CRM SaaS solutions company. It dedicatedly serves business growth requirements of small companies with its integrated sales and marketing SaaS solutions.
With AgileCRM, small to medium business enterprises can manage their customer lifecycle in every phase of their marketing campaign. AgileCRM offers a single platform to lead scalable and sustainable growth for companies.
Facilio Inc
Facilio is another Indian SaaS startup in the front row that offers marketing solutions to streamline business operations, marketing efforts, and for boosting growth.
Facilio designs and develops sustainable and customized SaaS solutions leveraging advanced IoT and Machine Learning technologies, facilitating multiple business operations for companies, regardless of size and niche.
Keka
Keka also ranks as one of the top 10 SaaS software development companies. Keka aids companies in their human resource and payroll management. They are headquartered at Hyderabad, Telangana.
The company aims to solve real-time HR issues of business enterprises. Their SaaS solutions provide aid to companies to manage and nurture their employees.
Paperflite
Paperflite aids companies to manage their content on social media channels. Paperflite offers UX-pivoting Business Intelligence as SaaS solutions. It helps boost content performance across social media platforms.
SaaS solutions from Paperflite enable companies to match the content to the right social platform. It enables targeting of the right audience and can track their interaction with the content.
Qubole
Qubole offers a cloud-based data platform for self-service AI. The SaaS solutions are sustainable and scalable for business enterprises of all sizes. The data analytical platform powered by Amazon Web Services, Microsoft, and Google Clouds, is self-manageable and self-optimized.
The client company does not need to spend hours managing the company data pipeline or the platform.
Conclusion
According to Eleken, the growth of a SaaS company depends on its development stage. Most of the time the growth of revenue hits a 15% to 45% year-to-year range.
The SaaS development companies in India are growing at a tremendous pace. The top 10 SaaS Development Companies in India have proved their mettle and are showing how SaaS is the future of all business processes.
