US SaaS companies going IPO with offices in India

2021: Indian SaaS market size was at $11B 2030: Indian SaaS market expected to cross $50B Context The Indian SaaS ecosystem is booming - 11 companies surpassing $100M+ ARR. So let's dive into the major tailwinds in the ecosystem 1/. Explosive Growth in Early-Stage Firms The number of SaaS companies hitting the $10M revenue mark ~3X'd from 30 to 85 in just 6 years. Indian SaaS companies are set to capture 8% of the global SaaS market 2/. Efficiency as a Competitive Edge Indian SaaS companies are redefining growth with unmatched efficiency. Early-stage firms are delivering a median efficiency score of 165% as opposed to global SaaS companies (making $10-$30M in ARR) delivering just 69% 3/. Multi-Product Mastery Companies like Zoho are mastering multi-product strategies, driving sustained revenue growth without heavy external funding. Their $1B ARR success showcases the power of cross-selling: The larger total addressable market Durable growth & lower churn, and higher LTV Reduced CAC by selling new products to existing customers This creates stronger retention and a competitive moat through an integrated platform. *What's next? As the global VC landscape recovers from its 2021 peak, 2024 is set to exceed 2023 by 25%, with nearly $1B in funding into Indian startups. Al-focused companies are at the forefront, drawing $175M in 2023 and signaling where the future of SaaS is headed. Credits:- https://youtube.com/@growthx?si=0adet2Hm4ZhZ6lmZ

Why India does not have technology-based product companies and why early companies like TCS, Infosys etc did not focus on the product.

What are some good saas companies in India to explore?

Also, how to pick your first job? What to look for?

Which startup, currently valued > $100mn, has the best growth potential in next 3 yrs in your opinion? Why? No self promotion please.

Which startups are going ipo this year?

It’s common knowledge that many millionaires were minted by IPOs ( likes of abnb, meta, coinbase ). Are there examples of similar gains in the Indian startup ecosystem, for mere software engineers? Especially the companies that ipo’d on Indian markets.

While there are lot of VCs coming out with their ‘expert’ outlook on 2024, let’s be real to share our own predictions. Idea is to share and learn and not just mudsling. Let me go first with few of my own 1. Neobanking will go belly up - it’s really hard to make money in just Savings account led neobanking I believe. With lending increasingly difficult, I think we will see likes of Jupiter going belly up 2. Gold mine of climate tech - climate tech will become more mainstream stream (similar to content and community in 2021, D2C in 2022 and SaaS in 2023) What are yours?

What are some other companies similar to Zoho and Freshworks that have built global B2B SaaS products from India?