The Software as a Service (SaaS) companies which are located in countries like US and Singapore are getting almost 90 per cent of their revenue generated from overseas, as compared to around 50 per cent overseas revenue for those companies which are based in India.
US contributes to a majority of the Annual Recurring Revenue (ARR), a metric used in SaaS, based on the defined contract length, while 32 per cent is from India.
According to the India SaaS survey conducted by investment bank DCS Advisory and iSpirt, the organisation of the software products companies in the country, for the