25 SaaS Startups in India

January 24, 2023

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SaaS startups have become the darling of Venture Capital investors, especially in India. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 25 VC funded SaaS startups in India .

CloudSEK

At CloudSEK, we combine the strength of Brand Monitoring, Attack Surface Monitoring, Cyber Crime Monitoring, and Supply Chain Intelligence to contextualize the digital dangers faced by our customers. Customers can prioritize and view all digital risks in one location with our lone unified dashboard. We also provide connectors and procedures for managing and eliminating the risks that have been found. Visit https://www.CloudSEK.com or send an email to sales@cloudsek.com for additional information.

Company details:
Founders:
Rahul Sasi
Founded:
2015
Based in:
Bengaluru, Karnataka, India
Website:
CloudSEK
Industries:
Artificial Intelligence, Information Technology, Machine Learning, SaaS, Security
Latest funding:
$7,000,000
Series A
8 October 2021
Total funding:
$9,464,724
Investors
Kunal Shah, Omidyar Network India, Exfinity Venture Partners, StartupXseed Ventures, 100x Entrepreneur

Fasal

The Wolkus Technology Solutions-developed agri-tech platform Fasal is an AI-powered platform for the agriculture ecosystem that keeps track of a range of growth circumstances on the farm. It then makes on-farm forecasts using artificial intelligence and data analytics before offering the insights everywhere on any device, including (iOS, Android, Tablet, and web). Its data-driven precision agriculture system, which helps farmers save money on water, energy, fertilizers, and pesticides, suggests real-time agronomic solutions to producers utilizing on-farm and microclimate data obtained from agnostic sensors.

Company details:
Founders:
Ananda Verma, Dhaval Chaudhary, Shailendra Tiwari, Shivang Kar
Founded:
2018
Based in:
Bengaluru, Karnataka, India
Website:
Fasal
Industries:
Agriculture, AgTech, Artificial Intelligence, Horticulture, Internet of Things, Machine Learning, SaaS
Latest funding:
$3,976,888
Seed
22 November 2021
Total funding:
$9,874,512
Investors
Animoca Brands, The Yield Lab, Artesian VC, Antares Capital, Wavemaker Partners

GodamWale

With its vast network of technologically advanced warehouses and fulfillment centers spread throughout India, Godamwale offers flexible, scalable, and affordable 3PL & fulfillment solutions. We take use of our cutting-edge platform and team of logistics specialists.

Company details:
Founders:
Anand Aryamane, Basant Kumar, Ranbir Nandan, Vivek Tiwari
Founded:
2017
Based in:
Mumbai, Maharashtra, India
Website:
GodamWale
Industries:
Logistics, SaaS, Supply Chain Management, Warehousing
Latest funding:
$1,000,000
Seed
15 September 2021
Total funding:
$1,000,000
Investors
Anand Aryamane

GoSwift

simplifying brands and fulfillment businesses in India. One of the main problems facing Indian e-retailers is the lack of a trustworthy and economical delivery partner. Swift addresses this issue for the benefit of enterprises. Reduced returns, higher sales conversion, improved shipping, and dispersed warehousing are just a few of the numerous fulfillment-related issues that Swift assists its clients with. Our unique logistics intelligence platform handles everything.

Company details:
Founders:
Debanshu Sinha, Prayas Mittal, Shyam Kalita
Founded:
2018
Based in:
Bangalore, Karnataka, India
Website:
GoSwift
Industries:
E-Commerce, Logistics, SaaS, Software
Latest funding:
$2,200,000
Seed
26 July 2021
Total funding:
$2,200,000
Investors
Kalaari Capital, Indian Angel Network, First Cheque

GreytHR

Greytip Software is the most favored and dependable option across sectors because to its more than 25 years of product competence and domain knowledge in HR automation. Our main product, greytHR, is the top cloud-based payroll and HR software in India, with over 10,000 clients and tens of thousands of users across 150+ cities. GreytHR automates all HR procedures, including employee information management, leave and attendance, payroll, and much more, and enables employee self-service. Our goal is to provide businesses all around the world pertinent and affordable HR solutions. With our completely integrated, comprehensive SaaS-based solutions, we enable organizations of all sizes and HR departments to utilize IT for both effectiveness and efficiency.

Company details:
Founders:
Girish Rowjee, Sayeed Anjum
Founded:
1994
Based in:
Bangalore, Karnataka, India
Website:
GreytHR
Industries:
Human Resources, SaaS, Software
Latest funding:
$6,957,945
Series D
23 November 2021
Total funding:
$17,038,805
Investors
Info Edge, Blume Ventures, New Enterprise Associates, MegaDelta Capital

IBSFINtech

IBSFINtech is a domestically based TreasuryTech business that offers end-to-end digitisation & automation solutions for corporate Cash & Liquidity, Treasury, Risk, Trade Finance(TRTFM®) & Supply Chain Finance operations. Our product line consists of Supply Chain solution VNDZY®, On-prem solution InTReaXTM, and SaaS TMS. Vedanta Group, Mahindra, Sai Life Sciences Ltd, Bluestar Ltd, Polycab Ltd, Future Group, HCL Corp Group, Sonalika (International Tractors Ltd), Snapdeal, JSW International Tradecorp Pte Ltd (Singapore), IMR Metallurgical Resources AG (Switzerland), and others are among our esteemed clients. Additionally, IBSFINtech was recognized as the Software Provider for the APAC region in this specialized market with "The Corporate Treasurer - House Awards," a highly significant honor given out by the treasury ecosystem.

Company details:
Founders:
Chandra Mohan Grover, T. M. Manjunath
Founded:
2006
Based in:
Bangalore, Karnataka, India
Website:
IBSFINtech
Industries:
Financial Services, FinTech, Information Services, Information Technology, SaaS, Software
Latest funding:
$1,000,000
Seed
6 October 2021
Total funding:
$1,000,000
Investors
Prem Rajani, Jayakumar N., Akshay Gupta, Shailesh Haribhakti

Khatabook

The fastest-growing SaaS startup in India, Khatabook provides safe and secure business and financial solutions to help micro, small, and medium-sized enterprises operate more efficiently and at lower costs. The business landscape in India has changed as a result of this industry's recognition, and the firm received the "Best Innovative Mobile App" 2020 award at the India Digital Awards in February 2020. Today, Khatabook has more than 20 million registered users and is available in more than 11 languages.

Company details:
Founders:
Ashish Sonone, Dhanesh Kumar, Jaideep Poonia, Ravish Naresh, Vaibhav Kalpe
Founded:
2018
Based in:
Bangalore, Karnataka, India
Website:
Khatabook
Industries:
Accounting, Financial Services, Payments, SaaS, Software
Latest funding:
$100,000,000
Series C
24 August 2021
Total funding:
$186,500,000
Investors
Tencent, Y Combinator, Balaji Srinivasan, RTP Global, GGV Capital

Legistify

One of the top and fastest-growing legal technology firms in the world is Legistify. LegisTrak, our premier product, is an enterprise-focused, fully integrated legal management package. Through its built-in, completely customizable, and automated modules, our platform covers a wide range of use cases, including contracts, litigation, legal notices, intellectual property, and compliances. Over 300 significant businesses from various nations utilize us. Additionally utilizing machine learning, Legistify uses historical case data from India to offer knowledge and insights. Y Combinator, Cathexis Ventures, Indiamart, GSF, Java Capital, and Titan VC are a few of our backers. To learn more, go to www.legistify.com.

Company details:
Founders:
Akshat Singhal, Pratik Mohapatra
Founded:
2015
Based in:
Gurgaon, Haryana, India
Website:
Legistify
Industries:
B2B, Internet, Legal, Legal Tech, SaaS
Latest funding:
$500,000
Seed
15 September 2021
Total funding:
$500,000
Investors
IndiaMART, Titan Capital, GSF, Java Capital, Pras Hanuma

Locale.ai

With the help of Locale, a Control Tower for Ops Observability & Actionability, operations and business teams can use their data to put up a straightforward monitoring and alerting system of record. By using alerts, you can: - Proactively inform your team members about potential problems, helping them to prevent them and work more effectively. - Use a systematic approach to identify the underlying reason, which can help you reduce risk and enhance problem-solving throughout your organization. - Create an accountability system by monitoring and resolving problems.

Company details:
Founders:
Aditi Sinha, Rishabh Jain
Founded:
2019
Based in:
Bangalore, Karnataka, India
Website:
Locale.ai
Industries:
GPS, Information Technology, Internet, SaaS, Software
Latest funding:
$1,300,000
Seed
12 August 2021
Total funding:
$1,300,000
Investors
Better Capital, Chiratae Ventures, Pravin Jadhav, Vivekananda Hallekere, Khadim Batti

NeoDove Telecalling CRM

NeoDove is a sales interaction and telemarketing CRM for telemarketers. It streamlines the sales process and helps telemarketers work more productively. Users may utilize it without having to deal with the intricacy of a CRM. 360-degree lead management, multi-channel client interaction, and team monitoring are a few of its standout features. NeoDove, which has capabilities like progressive and automatic dialing, plays a significant role in improving the team's effectiveness in communication. Create a calling list and NeoDove will call the next number automatically, saving you the time and effort of having to dial a new number each time a call ends.

Company details:
Founders:
Ankit Kumar Agrawal, Arpit Khandelwal
Founded:
2020
Based in:
Jaipur, Rajasthan, India
Industries:
SaaS, Sales Automation, Software
Latest funding:
$1,500,000
Seed
19 March 2021
Total funding:
$1,500,000
Investors
India Quotient, Ankit Garg, Sumit Agarwal

Pickrr Technologies

Pickrr is an on-demand first mile logistics company that is completely revolutionizing the way a consumer ships a product from one point to another. Now with Pickrr, a consumer can deliver any product to any location around the globe with few clicks. Our Pickrrs will take care of all the hassles of picking up the product, packing it and shipping it to any destination.

Company details:
Founders:
Ankit Kaushik, Gaurav Mangla, Rhitiman Majumder
Founded:
2015
Based in:
New Delhi, Delhi, India
Industries:
Delivery Service, E-Commerce, Information Technology, Logistics, SaaS, Supply Chain Management
Latest funding:
$12,000,000
Series B
11 August 2021
Total funding:
$16,000,000
Investors
IIFL Finance, Guild Capital, Omidyar Network India, Omidyar Network, Ananta Capital

Procol

Procol is a procurement platform for large enterprises to help monitor and reduce spend. It's the year 2020, and the world's largest spend taken place offline. We’re living in a world where we have Amazons. In contrast with the world of business purchases where 60% of the time is spent on cold calling, emailing, following-up, and even worse, a large number of transactional frauds happen on payments and deliveries. Resulting in ruined trust and suffered business relationships. In a market of trillion $ of business spend, Procol is building an all-in-one digital procurement platform — a single place for live auctions, collaboration, and intelligent insights. Backed by investors like Blume Ventures, Sequoia Surge, Beenext, and Rainmatter.

Company details:
Founders:
Gaurav Baheti, Sumit Mendiratta
Founded:
2018
Based in:
Gurgaon, Haryana, India
Website:
Procol
Industries:
Computer, Enterprise Software, Information Technology, Procurement, SaaS, Software
Latest funding:
$6,406,813
Series A
13 September 2022
Total funding:
$17,022,350
Investors
Y Combinator, Blume Ventures, Kunal Shah, Surge, BEENEXT

QuickSell

QuickSell helps SMBs scale relationship-led sales through personal commerce. Using QuickSell merchants can create a fast and optimized mobile catalogue in seconds using their phone, share it over WhatsApp with their customers and create a self serve yet personalized buying experience that unlocks scale when talking to a lot of customers. With in-built real-time behavioural analytics merchants can track which customer is look at which product and how much time was spend on each product, in order follow up with their customers at the right time with the right insights thereby increasing conversion rates.

Company details:
Founders:
Deepak Bhagchandani
Founded:
2017
Based in:
Mumbai, Maharashtra, India
Website:
QuickSell
Industries:
B2B, E-Commerce, E-Commerce Platforms, Mobile Apps, SaaS
Latest funding:
$2,000,000
Seed
8 June 2021
Total funding:
$2,225,000
Investors
Info Edge ventures, BEENEXT, Vik Ghai, Shailendra Sharma, Ajay Jain

Salesken

A conversational intelligence tool called Salesken aids sales teams in improving client engagement. By identifying holes in their sales conversations and filling them with real-time prompts to the sales agents, Salesken increases income per representative. It aids in the performance improvement and acquisition cost reduction of sales teams. The biggest businesses in software, finance, and education are among Salesken's clients. They utilize Salesken to evaluate each sales call and provide their agents with talking points in real-time.

Company details:
Founders:
Sreeraman Vaidyanathan, Surga Thilakan
Founded:
2018
Based in:
Bangalore, Karnataka, India
Website:
Salesken
Industries:
Artificial Intelligence, Machine Learning, Productivity Tools, SaaS, Sales Automation, Software
Latest funding:
$22,000,000
Series B
22 November 2021
Total funding:
$30,000,000
Investors
The Fund, Unitus Ventures, Sequoia Capital India, Two Culture Capital, Evolution VC Partners

Scalenut

Scalenut is a tool for original, high-ranking, long- and short-form content that uses AI for content research and creation. To assist you in producing content that beats the competition, it combines cutting-edge technology like AI and NLP with seamless content development procedures. You may use it to increase the content's readability, effectiveness, and total yield. Scalenut is a one-stop SaaS solution for content producers, marketing teams, agencies, and enterprises at all levels and for all niches since it can be tailored to a wide range of content requirements.

Company details:
Founders:
Gaurav Goyal, Mayank Jain, Saurabh Wadhawan
Founded:
2020
Based in:
Haryana, Haryana, India
Website:
Scalenut
Industries:
Artificial Intelligence, Content, Productivity Tools, SaaS
Latest funding:
$3,100,000
Seed
23 August 2022
Total funding:
$3,500,000
Investors
Titan Capital, Saama Capital, AngelList India, Amit Singhal, First Principles

Skit

Vernacular.ai is an AI-first SaaS company with the goal of putting an end to unpleasant contact center experiences. By automating contact center inquiries, we assist businesses in improving the customer experience through intelligent voice chats. Our Voice AI-powered call center automation technology, VIVA (Vernacular Intelligent Voice Assistant), aids businesses in streamlining contact center operations and enhancing customer experience and engagement. With the aid of our voice recognition engine and natural language understanding technology, you can now always have conversations that sound human and improve the efficiency of your self-service.

Company details:
Founders:
Akshay Deshraj, Manoj Sarda, Sourabh Gupta
Founded:
2016
Based in:
Bangalore, Karnataka, India
Website:
Skit
Industries:
Artificial Intelligence, Call Center, Customer Service, Internet, Internet of Things, Machine Learning, Natural Language Processing, SaaS, Software, Speech Recognition
Latest funding:
$23,000,000
Series B
1 September 2021
Total funding:
$28,100,000
Investors
LetsVenture, Kalaari Capital, Veda VC, Westbridge Capital, Exfinity Venture Partners

Sourcewiz

A tool called Sourcewiz allows exporters to automate their operations and manage and expand their businesses. The initial offering from the business is a vertical sales program designed for exporters that enables them to sell their distinctive products to more customers, improve enquiries, and boost sales. Sourcewiz enables exporters to manage their products and expand their companies by allowing them to create new catalogs and share them with customers. These new catalogs may be created using sophisticated filters to choose suitable products by color, construction, design, or material.

Company details:
Founders:
Divyaanshu Makkar, Mayur Bhangale, Vikas Garg
Founded:
2020
Based in:
New Delhi, Delhi, India
Website:
Sourcewiz
Industries:
B2B, Information Technology, SaaS, Software
Latest funding:
$2,534,902
Seed
29 June 2022
Total funding:
$5,534,902
Investors
Blume Ventures, Matrix Partners India, Alpha Wave Incubation, Wami Capital, 100x Entrepreneur

Spyne

Sanjay Kumar and Deepti Prasad founded Spyne in 2018, a Deep Tech firm that uses AI to assist businesses and marketplaces produce high-quality product photos and videos at scale. Spyne, an innovative, youthful, and creative firm with its headquarters in Gurgaon, is on a mission to use AI to quickly and conveniently put the next million retailers online. Without the need of physical studios, they have created a groundbreaking AI solution that is revolutionizing how businesses can produce visually attractive catalogs that increase conversions by up to 40%. Spyne is developing AI and computer vision technologies to automate workflows for picture processing. This will make it easier for any company or market to capture, edit, and distribute product images at scale while spending just 1/4 the money and effort. Spyne is presently supporting 80+ customers, including Amazon India, Flipkart, Karvi, OLACars, Sell Any Car, etc. across 15+ countries with a committed staff of 100+ workers, including tech professionals and thought leaders. The company, which is backed by Accel, Storm Ventures, and notable investors, founders, and CXOs from top Internet companies, recently launched Spyne AI - Cars, a self-serve AI platform for the automotive sector. In the coming months, it plans to replicate this model for the e-commerce, fashion, and real estate sectors. The company also plans to broaden its technology perspective to include AR and VR in order to develop goods for Metaverse and Omniverse.

Company details:
Founders:
Deepti Prasad, Sanjay Kumar
Founded:
2018
Based in:
Gurgaon, Haryana, India
Website:
Spyne
Industries:
Artificial Intelligence, Machine Learning, Photo Editing, SaaS, Software
Latest funding:
$7,000,000
Series A
12 April 2022
Total funding:
$7,000,000
Investors
Accel, AngelList India, Smile Group, Pentathlon Ventures, Manish Amin

SquadStack

A Saas-Enabled Talent Marketplace for Inside Sales is called SquadStack. By fusing the power of artificial intelligence, technology, and human knowledge, SquadStack makes skilled labor available to anyone, anywhere. This allows organizations to expand with higher conversions, speed, accuracy, flexibility, and affordability.

Company details:
Founders:
Apurv Agrawal, Kanika Jain, Rishabh Ladha, Vikas Gulati
Founded:
2014
Based in:
Noida, Uttar Pradesh, India
Website:
SquadStack
Industries:
Artificial Intelligence, Business Intelligence, Lead Management, Marketplace, Real Estate, SaaS, Software, Technical Support
Latest funding:
$17,498,569
Series B
20 July 2022
Total funding:
$24,598,570
Investors
91springboard, Kae Capital, Blume Ventures, Chiratae Ventures, Emergent Ventures

Tango Eye

Tango Eye provides actionable insights by leveraging artificial intelligence and advanced real-time analytics. Retail Video Analytics SaaS products help retailers understand the customer journeys, improve employee productivity, enforce safety security standards.

Company details:
Founders:
Surender Gounder
Founded:
2018
Based in:
Chennai, Tamil Nadu, India
Website:
Tango Eye
Industries:
Analytics, Artificial Intelligence, Computer Vision, Retail Technology, SaaS
Latest funding:
$671,740
Seed
30 December 2021
Total funding:
$1,171,741
Investors
Lenskart, Aroa Ventures, Riso Investments

Threado

Threado is a community management platform that helps community builders measure engagement, get detailed insights, and automate their operational tasks from a single dashboard. Threado automates community workflows, from providing a welcoming onboarding experience to re-engaging inactive members. Users can craft journeys using Threado's visual workflow builder, automate messages, conduct surveys, and capture responses.

Company details:
Founders:
Abhishek Nalin, Pramod Rao
Founded:
2020
Based in:
Bangalore, Karnataka, India
Website:
Threado
Industries:
Communities, Internet, Productivity Tools, SaaS
Latest funding:
$3,100,000
Seed
27 July 2022
Total funding:
$3,100,000
Investors
Speciale Invest, Vertex Ventures Southeast Asia & India, PointOne Capital, Gemba Capital, Archana Priyadarshini

Toplyne

Toplyne is a plug-and-play platform that enables sales teams at PLG (product-led growth) companies to identify and focus on the users and accounts most likely to convert. It was founded in 2021 and is headquartered in Bengaluru, Karnataka.

Company details:
Founders:
Rishen Kapoor, Rohit Khanna, Ruchin Kulkarni
Founded:
2021
Based in:
Bangalore, Karnataka, India
Website:
Toplyne
Industries:
Business Intelligence, SaaS, Sales, Software, Subscription Service
Latest funding:
$15,000,000
Series A
3 May 2022
Total funding:
$17,500,000
Investors
Tiger Global Management, peercheque, Sequoia Capital India, Kunal Shah, Surge

UrbanPiper

UrbanPiper offers a comprehensive suite of products, which include white-labeled and customizable websites and apps, a feature-rich CMS plus CRM dashboard to manage and analyze online presence, a customer segmentation and campaigning tool to make it easier to keep customers engaged, and to top it all - a devoted support team to make online experience a breeze. The platform offers everything that the online business needs to know to grow in an efficient manner. As a cloud-based solution, UrbanPiper’s clients do not have to pay anything extra for the latest updates, features and bug-fixes. For a low monthly subscription fee, they ensure that all their IT concerns are taken care of – so that, they can focus single-mindedly on their business.

Company details:
Founders:
Anirban Majumdar, Manav Gupta, Saurabh Gupta
Founded:
2015
Based in:
Bengaluru, Karnataka, India
Website:
UrbanPiper
Industries:
Food and Beverage, Information Services, Information Technology, Restaurants, SaaS
Latest funding:
$24,000,000
Series B
17 April 2022
Total funding:
$39,180,783
Investors
Zomato, Swiggy, Tiger Global Management, Sequoia Capital India, Axilor Ventures

vasyERP

vasyERP is a comprehensive cloud-based ERP platform that handles everything from eCommerce to ERP, Production, Inventory, Cloud-POS, Smart Retail, Omnichannel eCommerce, Self - Checkout, Smart Cart, mPOS, Self Ordering, Cloud Printing, ERP, Customer Loyalty & Memberships, CRM, Self-Kiosk, Offers & Discounts, GST Returns, Accounting, and Hybrid POS and much more!

Company details:
Founders:
Dharmendra Ahuja, Khushi Motiyani
Founded:
2017
Based in:
Ahmedabad, Gujarat, India
Website:
vasyERP
Industries:
Apps, Billing, CRM, Enterprise Applications, Enterprise Resource Planning (ERP), Enterprise Software, Retail, Retail Technology, SaaS, Software
Latest funding:
$4,200,000
Seed
10 August 2021
Total funding:
$4,200,000
Investors
Reliance Industries

ZippMat

For all of a construction company's supply chain management requirements, ZippMat is a one-stop shop. A full-stack SCaaS company called ZippMat controls a construction contractor's entire supply needs, from creating a thorough bill of materials to placing orders and receiving deliveries on the job site. By using its supplier network with technology-driven services that assist increase profitability and shorten execution delays, ZippMat streamlines the supply chain for businesses.

Company details:
Founders:
Abhijeet Kudva, Chetan Shet, Nandeesh Hasbi
Founded:
2021
Based in:
Bengaluru, Karnataka, India
Website:
ZippMat
Industries:
Construction, Productivity Tools, SaaS, Supply Chain Management
Latest funding:
$10,000,000
Seed
8 September 2022
Total funding:
$10,000,000
Investors
HDFC Bank, Matrix Partners India, TradeCred, Zephyr Peacock India, Sagar Agarwal

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