Content area
Full Text
The Indian (Software-as-a-Service) SaaS industry has shown incredible resilience in the face of funding and recessionary challenges, and reinforced its antifragility in the past year. With Indian SaaS companies doubling down on revenue generation while ensuring operational and capital efficiency, 2022 has been a year of normalization. Despite the funding value, valuation multiples, and deal values witnessing a normalization, the latest Zinnov-Chiratae India SaaS report 2023, titled, “India SaaSonomics: Navigating Growth and Efficiency,” projects a ~2.5X growth to reach USD 26 Bn in revenues by 2026.
The...