SaaS in The Spotlight: Top 10 SaaS Companies in India 2020

saas companies

83 percent of the company work will be done from the cloud by the end of 2020. All thanks to the rapid growth of SaaS. Also known as software as a service, SaaS companies provides software applications and services to their customers through a subscription model. SaaS has made several companies cloud enabled while transforming their physical IT infrastructure.

SaaS company

The Evolution of SaaS Startups in India

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The past few years have seen an exponential increase in the SaaS startups in India. The SaaS solution market was worth 407 million dollars in 2016 and has grown 3x by 2020, according to Nasscom. And it not just any one industry that is growing, SaaS companies have touched industries like healthcare, ecommerce, BFSI, and many more. Indian SaaS companies like Zoho and Freshworks have grown tremendously since then.

Top SaaS Companies in India – Creating Landmarks

Let’s have a look at the top SaaS companies in India that have proved their worth in the past and suggests a promising future as well.

List of SaaS companies in India

  • Zoho

Zoho is one the best SaaS providers and delivers a diverse suite of business, collaboration, and productivity applications. It has over 20 million users worldwide and more than 33 products to aid different requirements like sales, marketing, collaboration, support, finance and recruitment.

Founded On: September 15th, 1996

Headquarter: San Francisco Bay area

Number of Employees: Approx. 5000

Who is the CEO: Sridhar Vembu

Top-Selling Products: Zoho CRM, Zoho People

Digital Presence: 39,676,653 monthly web visitors.

Customer Reach: Global

Recent Acquisitions: ePoise on Mar 7th, 2019

  • Agile CRM

Agile CRM is one of the leading sales, marketing, and CRM SaaS company, serving the growth need of small businesses. Agile CRM is an end-to-end comprehensive CRM that helps small and medium businesses manage every phase of their customer lifecycle from a single platform. It aims to drive a sustainable and scalable growth.

Founded On: May 1, 2012

Headquarter: Asia-Pacific (APAC)

Number of Employees: 250

Who is the CEO: Manohar Chapalamadugu

Top-Selling Products: Agile CRM

Digital Presence: 367,444 monthly web visitors

Customer Reach: US, UK, Australia

  • IBSFintech

IBSFintech is a SaaS provider, which offers niche financial software and products specially designed to manage treasury, forex, and finances for corporates. It helps both big and small organizations to leverage the power of innovative financial solutions and effectively manage finances. IBSFINtech, as a SaaS based company, manages financial risks of an organisation by providing them quick insights. The SaaS tool also allows companies to analyse and decide how can they deploy their money.

Founded in: 2007

Headquarter: Asia-Pacific (APAC)

Number of Employees: 11-50

Who is the CEO: Chandra Mohan Grover

Top-Selling Products: Treasury, Trade finance

Digital Presence: 287 monthly web visitors

Customer Reach: Global

  • Freshworks

Freshworks is a software as a service company, which provides businesses with SaaS customer engagement solutions. Its flagship product is Freshdesk, which makes it easy for sales, marketing and support executives to communicate effectively with customers for better service.

Freshworks engages with its customers at every step of their journey and provides SaaS solutions to businesses of all sizes. Its cloud-based suite is widely used by more than 150,000+ businesses including the Zomato, Toshiba, Hugo Boss, and Cisco.

Founded in: 2010

Headquarter: San Friscisco and Silicon Valley

Number of Employees: 2500

Who is the CEO: Girish Mathrubootham and Shan Krishnasamy

Top-Selling Products: Freshdesk, Freshsales, Freshconnect

Digital Presence: 1,573,559 monthly web visitors

Customer Reach: Global


VTION is a SaaS based media tech firm that aims to solve key problems in the media-based ecosystem. VTION can analyse trends and consumer behaviour and analyse patterns across various geographies and demographics. Users can create analytics views as required and filter data as well. VTION has raised a total of ₹19.2M in funding over 1 round.

Founded in: 2016

Headquarter: APAC (Asia-Pacific)

Number of Employees: 250

Who is the CEO: Manoj Dawane and Shashank Mehta

Top-Selling Products: VTION

Customer Reach: India

  • Playtonia

Playtonia is a SaaS company that provides a platform for online gaming. Players can register themselves as individuals or as a team. They can win and earn cash and gifts as rewards. It provides a platform for Dota 2, CS:GO, and other huge multiplayer games. With its SaaS based platform, you can compete with anyone, anywhere and anytime. Playtonia has also built Game Certifications, e-Sport VR academy, Gaming incubation Cells, and strategies for E-sports Events.

Founded in: 2017

Headquarter: Chennai, India

Number of Employees: 50

Who is the CEO: Anshuman Pandey

Top-Selling Products: Playtonia

Digital Presence: 3000 monthly page visits

Customer Reach: Asia-Pacific region

  • Facilio

Facilio is a SaaS company that utilises machine learning and internet of things to help businesses achieve streamlined operations, sustainability, and maintenance. Facilio helps modern-day businesses by shifting traditional facility management towards smarter, automatic and predictive facilities. It is an early stage venture and has also received its series A funding worth Rs. 6.4 million.

Founded in: 2017

Headquarter: Greater Atlanta Area, East Coast, Southern US

Number of Employees: Approx. 50

Who is the CEO: Krishnamoorthi Rangasamy, Prabhu Ramachandran, Rajavel Subramanian, and Yogendra Babu

Top-Selling Products: Facilio

Digital Presence: 1270 monthly page visits

Customer Reach: Global

  • Hippo Video

Hippo Video provides a video customer experience platform that helps businesses engage with the right audiences through personalized videos. This helps accelerate conversions to a huge extent. It got a seed funding of 1.5 million dollars and it has two rounds of funding till now. Hippo Video has numerous users globally and is backed by KAE Capital and Surge Ahead. It leverages both machine learning and AI to help businesses create and provide analytics for videos.

Founded On: 2016

Headquarter: Greater Philadelphia Area, East Coast, Southern US

Number of Employees: 50

Who is the CEO: Karthi Mariappan

Top-Selling Products: Hippo Video

Digital Presence: 190,650 monthly visitors

Customer Reach: Global

  • KlentySoft Inc

Klenty is a SaaS product which helps increase the sales engagement. Users can set automatic follow-ups and send personalized emails. Klenty is a software product that helps Inside Sales teams to scale their outreach and follow-up processes.

It automates the process of reaching out to potential customers. Klenty works with leading CRM apps and offers features such as duplicate detection, email engagement metrics, prospects database, email engagement metrics, and A/B testing.

Founded On: 1st Feb, 2015

Headquarter: San Francisco Bay Area, Silicon Valley, West Coast

Number of Employees: Less than 50

Who is the CEO: Praveen Kumar, Vengat Krishnaraj

Top-Selling Products: Klenty

Digital Presence: 60,000 website visits per month

Customer Reach: Global

  • Paperflite

Paperflite is helping businesses manage their content across different departments to strengthen marketing efforts. The company also boost the efforts of inside sales and filed sales teams of any organization by helping them organize documents. Paperflite has raised 400K dollars in round 1 of seed funding.

Founded in: 2016

Headquarter: East coast, Southern US

Number of Employees: 50

Who is the CEO: Anant Bhat, Vinoth Kumar and Yega Kumarappan

Top-Selling Products: Paperflite

Digital Presence: 18000 monthly page visits

Customer Reach: Global

The growth of SaaS companies has been tremendous in the last few years, and the numbers are going to reach the sky in the years coming ahead. There are several Indian SaaS startups like Vtiger, Bevywise, and Capillary that have already taken its business globally and there are many others in the line. This proves that SaaS is the future of all processes.


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