Software As A Service

Low-cost mobility platform reports more than two-fold increase in gross order value of Rs 2,461 cr in Q2 FY25

Kini is a Chartered Accountant and holds a bachelor's degree in commerce

Zoho's announcement to develop its own LLMs comes after OpenAI founder and CEO Sam Altman said that it would be "hopeless" for an Indian startup with $10 million in funding to build foundational LLM

Headwinds in the global market are encouraging both major players and newer entrants to set up distributed workforce models outside of the major cities

Union Minister for Information and Broadcasting and Youth Affairs and Sports Anurag Thakur on Friday asserted that the Indian software product industry is expected to reach USD 100 billion by 2025

Indian Software-as-a-Service companies are expected to grow in the range of 20-25 per cent per annum to USD 35 billion in annual recurring revenue by 2027, consultancy firm Bain & Company said in a report on Tuesday. According to the "India SaaS Report 2022 - Remaining steady through turbulence" of Bain & Company, the Indian Software-as-a-Service (Saas) companies will account for eight per cent global market share in the segment. "Indian Software as a Service companies are poised to command 8 per cent of the global SaaS market, generating USD 35 billion in annual recurring revenue (ARR) by 2027), growing at 2025 per cent per annum," the report said. Indian SaaS companies' future trajectory remains promising as their total annual recurring revenue of USD 12-13 billion in 2022 is up four times over the past five years, it added. Of the 1,600 Indian SaaS companies that have now been funded over the past five years, around 14 of them exceed USD 100 million in ARR, according to the

One of the two law firms suing Freshworks is urging investors who have incurred losses of $100,000 to join the litigation, asserting that the company has violated federal security laws

Companies aim to reduce delivery time and improve customer experience by combining their expertise

The report - Shaping India's SaaS Landscape - highlights that there are nearly 1,000 funded SaaS companies in India, of which 10 have unicorn status

SaaS (Software as a service) companies founded by Indian entrepreneurs are poised to reach USD 18-20 billion in revenue, with the potential to capture 7-9 per cent share of the global SaaS market by 2022, a report by Bain & Company said on Tuesday. The 'India SaaS Report 2020', which analysed a wide range of Indian SaaS companies, said four key archetypes of Indian SaaS companies are expected to gain further traction. This includes SMB-focused SaaS companies (like Zoho and Freshworks) that target global markets with easy-to-use horizontal offerings and vertical-specific SaaS companies (like Locus and Innovaccer) that are disrupting underserved verticals like healthcare and logistics. Also, globally competitive companies in emerging tech (such as Postman and Hasura), and India initiators with products tailored for the domestic Indian market (Darwinbox, MyGate and Yellow Messenger) are expected to see strong growth. "With distinct competitive advantages enhanced by a level-playing ..

SaaS is one of the ways of selling enterprise products, where companies charge customers a monthly subscription rate based on annual contracts for software hosted on the cloud