15 SaaS companies from India raking in over $1 million in annual revenue

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From there being 3,000 startups in 2014 to a projection of more than 11,500 by 2020, starting up in India is no passing trend – with the availability of massive amounts of funding, loads of engineering talent, and its nascent entrepreneurial nature.

Is it just a dotcom fad now in India? How companies have made their way into the municorns (milli-unicorns) club in India? Are these funded? What did they do in this fairly small amount of time to make it into the municorn club?

The following Software as a Service (SaaS) companies, arranged alphabetically, have surpassed the coveted $1 million in annual revenue. They showcase not just successful innovation, but the country’s potential in delivering better value for money.

In terms of startup incubation, Chennai is leading, followed by Bengaluru, and Delhi NCR.

1. Agile CRM 

Tagline: Built with love for small businesses.

About: Agile CRM is a Sales and Marketing CRM for small and medium businesses. It’s complete with everything, from web popups and email templates to advanced sales and marketing automation; and is designed to help small businesses sell and market like the Fortune 500, at a fraction of the cost. Agile CRM is trusted by over 7,000 customers and fills in the space of a killer combo of CRM and Marketing Automation.

Team: Founded in 2013 by serial entrepreneur Manohar Chapalamadugu. Their team size is 70, and they are based out of Hyderabad.

Funding: Bootstrapped.

Revenue: Their revenue is more than $2 million.

Source: YourStory

2. Capillary

3. Chargebee

4. Exotel

5. Freshdesk 

6. FusionCharts

7. Kayako 

8. KiSSFLOW / OrangeScape

9. Knowlarity

10. KooKoo

11. PubMatic

12. Vizury

13. WebEngage

14. Wingify 

15. Zoho

What’s next for Indian SaaS startups?