About SaaS sector in Bengaluru, India
The SaaS sector in Bengaluru, India comprises 4.4K companies, including 1.05K funded companies having collectively raised $13.6B in venture capital money and private equity. Out of these, 325 are Series A+ funded, and 11 have achieved unicorn status.
SaaS sector in Bengaluru, India has seen 158 acquisitions and 5 IPOs.
This sector includes companies providing cloud-based, multi-tenant and subscription or on-demand B2B software applications.
Companies included in SaaS
All B2B software that offers cloud-based, multi-tenant solutions for business functions like Marketing, HR, Sales, Business Intelligence, etc.Companies excluded in SaaS
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 more than 4.4K companies in SaaS in Bengaluru, India. Zeta is the top SaaS company in Bengaluru, India, ranked using Tracxn Score (what's this?).
Here are 5 of the top SaaS companies in Bengaluru, India:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of payment and banking solutions | San Ramon (United States) | 2015 | Series D | $390M | |
Provider of online payment gateway solutions for businesses | Bengaluru (India) | 2014 | Series F | $742M | |
Provider of an app-based platform for community management | Bengaluru (India) | 2016 | Series B | $83.3M | |
Provider of a global payments operating system | Bengaluru (India) | 2012 | Series D | $106M | |
AI powered loyalty management software for enterprises | Bengaluru (India) | 2008 | Series D | $239M |
Companies founded year-on-year in the SaaS sector in Bengaluru
398 SaaS startups in Bengaluru were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | 34 |
2024 | 183 |
2023 | 261 |
2022 | 192 |
2021 | 284 |
2020 | 398 |
2019 | 349 |
2018 | 255 |
2017 | 281 |
2016 | 388 |
Stage-wise distribution of SaaS sector companies in Bengaluru
Out of the total 4,404 SaaS companies in Bengaluru, 1,046 have secured funding. Among them, 325 have reached Series A or higher, and 227 to Series B or beyond.
Founded - 4,404
Funded - 1,046
Series A+ - 325
Series B+ - 227
Series C+ - 198
Company Stage | No. of companies |
|---|---|
Founded | 4,404 |
Funded | 1,046 |
Series A+ | 325 |
Series B+ | 227 |
Series C+ | 198 |
Let us walk you through our Sectors and other offerings
Designed with precision for VCs, PE, IBs, Incubators, M&A, Innovation more
Designed with precision for VCs, PE, IBs, Incubators, M&A, Innovation more
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 $11.6B in the last 10 years. The most amount of funding was in 2017 at more than $2.75B.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $570M |
2024 | $671M |
2023 | $693M |
2022 | $1.84B |
2021 | $2.72B |
2020 | $807M |
2019 | $986M |
2018 | $367M |
2017 | $2.75B |
Recent Funding Rounds in SaaS in Bengaluru
In the year 2026, till January 2026, SaaS companies in Bengaluru have raised $3M in equity funding across 1 round.
In the same period last year (i.e. till January 2025), SaaS companies in Bengaluru had raised $87M across 12 rounds.
So, 2026 has seen a 96.55% drop 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 | 1376 | Jan 07, 2026 | ||
Series B | 4561 | Dec 17, 2025 | ||
Series F | 6320 | Dec 17, 2025 | and 4 more | |
Series B | 5469 | Dec 16, 2025 | and 4 more | |
Seed | 1259 | Dec 10, 2025 |
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) | ||
Redwood City (United States) | ||
San Jose (United States) | ||
London (United Kingdom) | ||
Bengaluru (India) |
_1583467951837.png?devicePixelRatio=2&height=20&width=20){kind=logo}
_1583471524200.png?devicePixelRatio=2&height=20&width=20){kind=logo}
M&A activity in SaaS sector in Bengaluru
In the year 2025, till November 2025, 13 acquisitions happened in SaaS sector in Bengaluru. Last year, in 2024, a total of 15 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 | Nov 12, 2025 | ||
Business Acquisition | Aug 01, 2025 | ||
Business Acquisition | Jun 12, 2025 | ||
Business Acquisition | Apr 28, 2025 | ||
Business Acquisition | Apr 22, 2025 |
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 |
|---|---|
2025 | 12 |
2024 | 15 |
2023 | 8 |
2022 | 24 |
2021 | 21 |
2020 | 7 |
2019 | 17 |
2018 | 10 |
2017 | 9 |
2016 | 11 |
IPOs in SaaS in Bengaluru
In the year 2025, till November 2025, 1 IPO happened in SaaS sector in Bengaluru.
Here are some recent, important IPOs in SaaS sector in Bengaluru:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Nov 21, 2025 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) | |
Apr 05, 2024 | National Stock Exchange (NSE) | |
Oct 20, 2022 | National Stock Exchange (NSE), Bombay Stock Exchange (BSE) | |
Jun 01, 2022 | National Stock Exchange (NSE), Bombay Stock Exchange (BSE) | |
Feb 08, 2019 | Bombay Stock Exchange (BSE) |
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 IIM Bangalore.
College | No. of companies |
|---|---|
BITS Pilani | 137 |
IIT Kharagpur | 102 |
IIM Bangalore | 98 |
IIT Bombay | 91 |
IIT Delhi | 79 |
IIT Kanpur | 79 |
IIT Madras | 69 |
IIM Ahmedabad | 51 |
IIT Roorkee | 40 |
IIT Guwahati | 38 |
Total funding in SaaS companies founded by alumni from top colleges in Bengaluru
In the last 10 years, BITS Pilani graduates' SaaS companies in Bengaluru have raised the most funding among top colleges. IIT Bombay alumni are second, and IIT Kharagpur alumni are third.
College | Total Funding |
|---|---|
BITS Pilani | $1.38B |
IIT Bombay | $1.19B |
IIT Kharagpur | $1.14B |
IIT Roorkee | $988M |
IIT Delhi | $917M |
IIT Madras | $785M |
Indian School of Business | $693M |
IIT Kanpur | $568M |
Stanford University | $539M |
Stanford Business School | $336M |
Top News in SaaS in Bengaluru
•
•
LeadSquared aims to be IPO ready in 12-18 months, bets on purpose-built AIYourStory•Jun 17, 2025•LeadSquared
•
KredX & SBI Partner to Enhance Digital Supply Chain Financing in India via TReDS Platform DTXBusiness News This Week•Jun 17, 2025•KredX, SBI
•
•
•
dLocal and Juspay Partner to Expand Payment Options in Africa, Asia, and Latin AmericaElectronic Payments International•Jun 12, 2025•Dlocal, Juspay
•
•
Postbot Launches Pay-As-You-Go AI Receptionist for Small Business CommunicationsBusiness Wire•Jun 11, 2025•Postman
•
Postbot Launches Pay-As-You-Go AI Receptionist for Small BusinessesGlobal FinTech Series•Jun 11, 2025•Postman
•
Protectt.ai, i-exceed Partner to Secure Global Mobile Banking AppsCyberMedia India Online•Jun 10, 2025•Protect AI, i-exceed
