About Artificial Intelligence companies in SaaS in India
There are 1.22K Artificial Intelligence companies in SaaS in India, including 328 funded companies having collectively raised $5.16B in venture capital money and private equity. Out of these, 79 are Series A+ funded, and 7 have achieved unicorn status.
Artificial Intelligence companies in SaaS in India has seen 23 acquisitions and 2 IPOs.
SaaS sector is also known as SaaS Solutions, Advanced SaaS or Digital SaaS.
Top Artificial Intelligence companies in SaaS in India
There are more than 1.22K Artificial Intelligence companies in SaaS in India. Innovaccer is the top Artificial Intelligence company in SaaS in India, ranked using Tracxn Score (what's this?).
Here are 5 of the top Artificial Intelligence companies in SaaS in India:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Developer of healthcare data platforms and artificial intelligence agent software | San Francisco (United States) | 2014 | Series F | $675M | |
Provider of an AI-powered platform for customer engagement and marketing | Mumbai (India) | 1998 | Early Stage | $4.89M | |
Developer of artificial intelligence models for speech and document processing | Bengaluru (India) | 2023 | Series B | $275M | |
Provider of unified AI platform for retail ecommerce sales and optimization | Mountain View (United States) | 2012 | Series D | $196M | |
AI based platform to streamline the IT service management and employee experience processes | Palo Alto (United States) | 2022 | Series A | $40.3M |
Artificial Intelligence companies founded year-on-year in SaaS in India
22 new startups have been founded so far in 2026 in Artificial Intelligence companies in SaaS in India. 260 Artificial Intelligence startups in SaaS in India were founded in 2024 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 22 |
2025 | 137 |
2024 | 260 |
2023 | 178 |
2022 | 100 |
2021 | 84 |
2020 | 65 |
2019 | 72 |
2018 | 37 |
2017 | 39 |
Stage-wise distribution of Artificial Intelligence companies in SaaS in India
Out of the total 1,215 Artificial Intelligence companies in SaaS in India, 328 have secured funding. Among them, 79 have reached Series A or higher, and 47 to Series B or beyond.
Founded - 1,215
Funded - 328
Series A+ - 79
Series B+ - 47
Series C+ - 33
Company Stage | No. of companies |
|---|---|
Founded | 1,215 |
Funded | 328 |
Series A+ | 79 |
Series B+ | 47 |
Series C+ | 33 |
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Funding Trends in Artificial Intelligence companies in SaaS in India
Total funding year-on-year in Artificial Intelligence companies in SaaS in India
Artificial Intelligence companies in SaaS in India saw a total funding of more than $5.08B in the last 10 years. The most amount of funding was in 2021 at more than $968M. There has been a total funding of $955M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $955M |
2025 | $744M |
2024 | $587M |
2023 | $201M |
2022 | $874M |
2021 | $968M |
2020 | $346M |
2019 | $231M |
2018 | $139M |
2017 | $36.6M |
Recent Funding Rounds in Artificial Intelligence companies in SaaS in India
In the year 2026, till July 2026, Artificial Intelligence companies in SaaS in India have raised $955M in equity funding across 23 rounds.
In the same period last year (i.e. till July 2025), Artificial Intelligence companies in SaaS in India had raised $384M across 35 rounds.
So, 2026 has seen a 148.83% rise in funding in Artificial Intelligence companies in SaaS in India as compared to 2025.
Here are some recent, important funding rounds in Artificial Intelligence companies in SaaS in India:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Angel | 4236 | Jul 08, 2026 | ||
Seed | 1162 | Jul 01, 2026 | - | |
Series A | 8744 | Jun 30, 2026 | and 2 more | |
Seed | 1834 | Jun 18, 2026 | ||
Series B | 4932 | Jun 15, 2026 |
Top Investors in Artificial Intelligence companies in SaaS in India
Accel is the top investor in Artificial Intelligence companies in SaaS in India based on number of companies invested.
Here are some top investors in Artificial Intelligence companies in SaaS in India:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Palo Alto (United States) | ||
Menlo Park (United States) | ||
Cambridge (United States) | ||
Redwood City (United States) | ||
London (United Kingdom) |
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M&A activity in Artificial Intelligence companies in SaaS in India
In the year 2026, till July 2026, 6 acquisitions happened in Artificial Intelligence companies in SaaS in India. Last year, in 2025, a total of 4 acquisitions happened in Artificial Intelligence companies in SaaS in India.
Here are some recent, important acquisitions in Artificial Intelligence companies in SaaS in India:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jul 09, 2026 | ||
Business Acquisition | Jun 01, 2026 | ||
Business Acquisition | May 28, 2026 | ||
Acqui-Hired | Apr 08, 2026 | ||
Business Acquisition | Mar 10, 2026 |
Acquisition trends in Artificial Intelligence companies in SaaS in India
Here are the acquisition trends in Artificial Intelligence companies in SaaS in India:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 6 |
2025 | 4 |
2024 | 1 |
2023 | 4 |
2022 | 4 |
2021 | 2 |
2020 | - |
2019 | 3 |
2018 | - |
2017 | - |
IPOs in Artificial Intelligence companies in SaaS in India
In the year 2022, till April 2022, 1 IPO happened in Artificial Intelligence companies in SaaS in India.
Here are some recent, important IPOs in Artificial Intelligence companies in SaaS in India:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Apr 12, 2022 | National Stock Exchange (NSE) |
Colleges which produce the most Artificial Intelligence companies in SaaS in India
Companies founded by alumni from top colleges in Artificial Intelligence companies in SaaS in India
Most number of Artificial Intelligence startups in SaaS in India have been founded by alumni from IIT Bombay, IIT Delhi and BITS Pilani.
College | No. of companies |
|---|---|
IIT Bombay | 44 |
IIT Delhi | 36 |
BITS Pilani | 32 |
IIT Kharagpur | 30 |
IIT Kanpur | 29 |
IIT Roorkee | 19 |
IIM Ahmedabad | 16 |
IIM Bangalore | 15 |
Indian School of Business | 15 |
IIM Calcutta | 14 |
Total funding in Artificial Intelligence companies founded by alumni from top colleges in SaaS in India
In the last 10 years, graduates from IIT Bombay have raised the most funding for Artificial Intelligence companies in SaaS in India, compared to alumni from other top colleges. IIT Delhi alumni are second, and IIT Kharagpur alumni are third.
College | Total Funding |
|---|---|
IIT Bombay | $979M |
IIT Delhi | $928M |
IIT Kharagpur | $754M |
Columbia University | $659M |
IIM Ahmedabad | $584M |
University of California (Berkeley) | $418M |
Carnegie Mellon University | $290M |
ETH Zurich | $275M |
Wharton School | $199M |
University of Pennsylvania | $198M |
Top News in Artificial Intelligence companies in SaaS in India
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Movate and Leena AI Partner to Advance AI-Led Employee ExperienceMedia Bulletins•Jun 02, 2026•Movate, Leena AI
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Qure.ai Earns FDA OK for 6 New AI Chest X-ray IndicationsMedical Product Outsourcing•Feb 26, 2026•Qure.ai
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Voice AI startup Arrowhead bags $3 Mn in seed funding round led by StellarisEntrackr•Jan 07, 2026•Stellaris, Dazzl, Arrowhead
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Former Haptik Co-founder Launches AI-Focussed VC Fund ActivateViestories•Dec 04, 2025•Haptik, Together
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qXR from Qure.ai obtains regulatory clearance for paediatric TB screeningIndiaMedToday•Oct 17, 2025•Qure.ai
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Early investors pile into Q-commerce, AI despite risks: RTP Global’s Nishit GargLivemint•Aug 24, 2025•Kluisz, Trupeer, RTP Global
