The Indian software-as-a-service (SaaS) ecosystem is poised for unprecedented growth. So much so that by 2025, it is believed that India will be the startup hub of the world. The global SaaS market is expected to cross $100 billion in the next few years, significantly outpacing the expenditure on traditional software and driven by rapid growth in customer adoption for cloud services worldwide.
All the signs seem to point in that direction. According to The Economic Times, Tracxn, a startup intelligence and market research platform, has reported that since 2010, more than $1.484 billion has been invested in Indian SaaS companies. In January 2017 itself, seven SaaS companies got funding. This is in addition to existing players like Zoho, Freshdesk, KiSSFLOW, Chargebee and Sirion Labs.
Despite all this growth, we are still at an early stage in establishing ourselves as a global SaaS player. With over 2,500 companies founded in the past two years and sustained investor interest, the next wave is likely to be one that sweeps Indian SaaS startups to newer heights.
Kalaari Capital, as part of its continued endeavour to bring thought leadership dialogue to the startup community, is hosting SaaS Talks: Opportunity Decoded
The meetup aims to further the growth of SaaS startups in India, and help startups looking to make a global impact in the space. Speakers and panellists who are industry leaders in the SaaS ecosystem will discuss in detail their learnings from executing, and talk about the global opportunities that these companies can explore.
Be a part of this event and get a better understanding of the space.
If you’re a professional or an entrepreneur working in the SaaS space, and looking to grow your business and learn about the future, then #SaaStalks is your ideal destination. Given the comprehensive speaker line-up, you can be sure to gain insights not only on strategy, but on how to resolve specific execution issues. The event will be held in Bengaluru on 06 April 2017. Register now.
The last day for registrations is 1st April, 2017.
Kalaari will also be launching the SaaS Challenge for startups working on ideas targeting the global SaaS opportunity. The top 8 startups get an opportunity to present to the Kalaari Investment Committee to raise funding. It doesn’t matter if you’ve just started working on your idea or if you already have paying customers. If you are among the best and the brightest, then you need to apply for the SaaS Challenge.
Watch this space for more details on how you can participate in the challenge.
Disclaimer: Kalaari Capital is an investor in YourStory.