sunrise

SaaS, India’s Sunrise Industry of the 2020s

SaaS, India’s Sunrise Industry of the 2020s

 
 

Avinash Raghava

 
 
 
 

Jan 24, 2020

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Avinash Raghava

 
 
 
 

Jan 24, 2020

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Rewinding the India story

 
 
 

The services wave

 
 
 

This is when the software services wave helped India and its young. What started as a business run over point-to-point leased data circuits bloomed into its own by the turn of the century thanks to the Y2K scare. If the first four decades of Independent India had its people dependent on its government and the public sector for secure jobs, the 1990s, 2000s and much of the last decade told a story of IT services supplying India with secure, well-paying jobs, changing the trajectory of entire families and the whole economy in a single generation.

The next big thing

 
 
 

The rise of SaaS

 
 
 
sunrise1

The below data got updated on 23rd July 2020. This was a study done in partnership with NASSCOM

sunrise2

The first round of India SaaS

 
 
 

Paving the way for the second round

 
 
 
 
 

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