About SaaS sector in Bengaluru, India
The SaaS sector in Bengaluru, India comprises 7.59K companies, including 1.34K funded companies having collectively raised $14.8B in venture capital money and private equity. Out of these, 412 are Series A+ funded, and 13 have achieved unicorn status.
SaaS sector in Bengaluru, India has seen 181 acquisitions and 14 IPOs.
This sector includes companies providing cloud-based, multi-tenant and subscription or on-demand B2B software applications.
SaaS sector is also known as SaaS Solutions, Advanced SaaS or Digital SaaS.
All B2B software that offers cloud-based, multi-tenant solutions for business functions like Marketing, HR, Sales, Business Intelligence, etc are included in this sector. 1. All On-premise B2B software are excluded. 2. All companies that do not offer their own proprietary software are excluded. 3. Services and Consulting firms are also excluded. 4. Resellers are also excluded.
Top SaaS Companies in Bengaluru, India
There are 7,593 SaaS startups in Bengaluru, India which include Razorpay, Mygate, Capillary Technologies, Vyapar, LoadShare. Out of these, 1,337 startups are funded, with 412 having secured Series A+ funding, and 13 achieving unicorn status.
2026 has seen the creation of 473 SaaS startups in Bengaluru, India. Over the past 10 years, an average of 424 new companies have been launched annually. Notably, several of these startups have been founded by alumni of BITS Pilani, IIT Kharagpur and IIT Bombay.
Here is the list of top SaaS startups in Bengaluru, India
1. Razorpay
Provider of a comprehensive financial platform for businesses to accept, process, and disburse payments. The platform enables organizations to manage banking operations, automate payroll compliance, and access credit facilities through a unified interface. It supports various payment modes, including credit cards, debit cards, netbanking, and digital wallets, while offering tools for payment gateway integration, payout management, and current account services.
Key facts about Razorpay
- Founded Year: 2014
- Location: Bengaluru (India)
- Stage: Series F
- Total Funding till date: $742M
- Investors: Peak XV Partners, GIC and 35 Others
- Latest Funding Round: Series F, Dec 19, 2021, $*****
- Tracxn Score: 86/100 What is this?
- Competitors Rank: 2 of 7,971 Competitors
2. Mygate
Provider of society management software and community engagement solutions. This platform offers a comprehensive suite of tools for residential communities, including accounting, maintenance billing, visitor management, security operations, resident communication, facility booking, and vendor management. The system integrates various operational workflows into a centralized digital interface to help resident welfare associations and administrators manage daily community activities, financial records, and security protocols efficiently.
Key facts about Mygate
- Founded Year: 2016
- Location: Bengaluru (India)
- Stage: Series B
- Total Funding till date: $93.8M
- Investors: Monteverdi, Prime Venture Partners and 47 Others
- Latest Funding Round: Series B, Jun 10, 2026, $*****
- Tracxn Score: 84/100 What is this?
- Competitors Rank: 1 of 656 Competitors
AI powered loyalty management software for enterprises. It is an omnichannel platform to optimize customer retention and engagement. The platform generates reports that provides visibility and insights into the loyalty performance. Its analytics tool allows businesses to segment customers, generate personalized coupons, run targeted campaigns, and predict customer behavior and affinities. Offering includes customer data platform, predictive analytics, and customer engagement.
Key facts about Capillary Technologies
- Founded Year: 2008
- Location: Bengaluru (India)
- Stage: Public
- Total Funding till date: $144M
- Investors: Warburg Pincus, Norwest and 32 Others
- Latest Funding Round: Conventional Debt, Jun 01, 2023, $*****
- Tracxn Score: 82/100 What is this?
- Competitors Rank: 1 of 2,176 Competitors
4. Vyapar
Developer of software for business accounting and inventory management tasks. This platform enables users to generate invoices, track stock levels, and monitor financial transactions. It supports the creation of tax-compliant documents and provides tools for managing payment records. The software functions across multiple devices and allows for offline data entry with synchronization capabilities. Users can utilize features for barcode scanning, expense tracking, and report generation to maintain business records.
Key facts about Vyapar
- Founded Year: 2017
- Location: Bengaluru (India)
- Stage: Series B
- Total Funding till date: $35.9M
- Investors: WestBridge Capital, India Quotient and 15 Others
- Latest Funding Round: Series B, Jan 25, 2022, $*****
- Tracxn Score: 82/100 What is this?
- Competitors Rank: 2 of 3,711 Competitors
5. LoadShare
Provider of logistics infrastructure for last mile and fulfillment services. The platform facilitates order delivery and supply chain management for various commercial sectors. It offers technology-driven solutions for managing rider fleets, delivery tracking, and operational analytics. By connecting regional partners with distribution networks, the infrastructure supports first-mile, line-haul, and final delivery tasks. The system streamlines logistics for commercial shipments by integrating order stacking and real-time performance monitoring.
Key facts about LoadShare
- Founded Year: 2017
- Location: Bengaluru (India)
- Stage: Series C
- Total Funding till date: $65M
- Investors: Tiger Global Management, Stride Ventures and 33 Others
- Latest Funding Round: Series C, Aug 31, 2024, $*****
- Tracxn Score: 79/100 What is this?
- Competitors Rank: 3 of 84 Competitors
Companies founded year-on-year in the SaaS sector in Bengaluru
473 new startups have been founded so far in 2026 in the SaaS sector in Bengaluru. 603 SaaS startups in Bengaluru were founded in 2025 - 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 | 473 |
2025 | 603 |
2024 | 492 |
2023 | 434 |
2022 | 310 |
2021 | 391 |
2020 | 486 |
2019 | 419 |
2018 | 314 |
2017 | 322 |
Stage-wise distribution of SaaS sector companies in Bengaluru
Out of the total 7,593 SaaS companies in Bengaluru, 1,337 have secured funding. Among them, 412 have reached Series A or higher, and 283 to Series B or beyond.
Founded - 7,593
Funded - 1,337
Series A+ - 412
Series B+ - 283
Series C+ - 234
Company Stage | No. of companies |
|---|---|
Founded | 7,593 |
Funded | 1,337 |
Series A+ | 412 |
Series B+ | 283 |
Series C+ | 234 |
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Funding Trends in the SaaS sector in Bengaluru
Total funding year-on-year in the SaaS sector in Bengaluru
The SaaS sector in Bengaluru saw a total funding of more than $13.7B in the last 10 years. The most amount of funding was in 2017 at more than $2.74B. There has been a total funding of $1.17B in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $1.17B |
2025 | $1.06B |
2024 | $822M |
2023 | $761M |
2022 | $2.04B |
2021 | $2.7B |
2020 | $863M |
2019 | $948M |
2018 | $554M |
2017 | $2.74B |
Recent Funding Rounds in SaaS in Bengaluru
In the year 2026, till October 2026, SaaS companies in Bengaluru have raised $1.15B in equity funding across 116 rounds.
In the same period last year (i.e. till October 2025), SaaS companies in Bengaluru had raised $716M across 150 rounds.
So, 2026 has seen a 61.02% rise in funding in SaaS companies in Bengaluru as compared to 2025.
Here are some recent, important funding rounds in SaaS companies in Bengaluru:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 8293 | Oct 28, 2026 | ||
Series B | 8626 | Oct 27, 2026 | ||
Seed | 1598 | Oct 26, 2026 | ||
Seed | 5102 | Oct 22, 2026 | and 4 more | |
Seed | 7412 | Oct 22, 2026 | - |
Top Investors in SaaS in Bengaluru
Accel is the top investor in SaaS companies in Bengaluru based on number of companies invested.
Here are some top investors in SaaS companies in Bengaluru:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Palo Alto (United States) | ||
Menlo Park (United States) | ||
Redwood City (United States) | ||
Cambridge (United States) | ||
Bengaluru (India) |
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M&A activity in SaaS sector in Bengaluru
In the year 2026, till October 2026, 12 acquisitions happened in SaaS sector in Bengaluru. Last year, in 2025, a total of 19 acquisitions happened in SaaS sector in Bengaluru.
Here are some recent, important acquisitions in SaaS sector in Bengaluru:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Oct 27, 2026 | ||
Business Acquisition | Oct 26, 2026 | ||
Business Acquisition | Oct 14, 2026 | ||
Business Acquisition | Sep 15, 2026 | ||
Acqui-Hired | Aug 05, 2026 |
Acquisition trends in SaaS sector in Bengaluru
Here are the acquisition trends in SaaS sector in Bengaluru:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 12 |
2025 | 19 |
2024 | 19 |
2023 | 9 |
2022 | 23 |
2021 | 23 |
2020 | 8 |
2019 | 18 |
2018 | 10 |
2017 | 9 |
IPOs in SaaS in Bengaluru
In the year 2026, till October 2026, 3 IPOs happened in SaaS sector in Bengaluru.
Here are some recent, important IPOs in SaaS sector in Bengaluru:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Oct 08, 2026 | Bombay Stock Exchange (BSE) | |
Aug 11, 2026 | Bombay Stock Exchange (BSE) | |
Jan 21, 2026 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) | |
Nov 21, 2025 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) | |
Sep 24, 2024 | National Stock Exchange (NSE) |
Colleges which produce the most SaaS companies in Bengaluru
Companies founded by alumni from top colleges in the SaaS in Bengaluru
Most number of SaaS startups in Bengaluru have been founded by alumni from BITS Pilani, IIT Kharagpur and IIT Bombay.
College | No. of companies |
|---|---|
BITS Pilani | 163 |
IIT Kharagpur | 130 |
IIT Bombay | 126 |
IIT Delhi | 110 |
IIT Kanpur | 94 |
IIM Bangalore | 91 |
IIT Madras | 70 |
IIT Roorkee | 56 |
Indian School of Business | 55 |
IIM Ahmedabad | 54 |
Total funding in SaaS companies founded by alumni from top colleges in Bengaluru
In the last 10 years, IIT Kharagpur graduates' SaaS companies in Bengaluru have raised the most funding among top colleges. BITS Pilani alumni are second, and IIT Bombay alumni are third.
College | Total Funding |
|---|---|
IIT Kharagpur | $1.88B |
BITS Pilani | $1.84B |
IIT Bombay | $1.72B |
IIT Delhi | $1.39B |
IIT Roorkee | $963M |
IIT Kanpur | $911M |
Indian School of Business | $490M |
IIT Madras | $467M |
IIM Bangalore | $403M |
Carnegie Mellon University | $398M |
Top News in SaaS in Bengaluru
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CreditNirvana Launches India's First Integrated AI Suite for Voice Co-Browsing and Agentic Debt Collections OrchestrationBusinessnewsthisweek•Oct 06, 2026•CreditNirvana
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ProHance Launches Unified Platform for Actionable Insights on Contingent TeamsPR Newswire•Sep 28, 2026•ProHance
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BitFlow Launches Axion 1xE-DS9T Frame Grabber for Space-Constrained Machine Vision SystemsRoboticstomorrow•Jul 17, 2026•BitFlow, Advantech
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