Companies in the sector are building some of the underpinnings of the internet economy of the future. With strong companies, entrepreneurs, and women leaders in the fray, the sector is the latest sunrise industry in India and making the country a software product leader
Arising tide lifts all boats—an aphorism we could apply to India’s young software-as-a-service (SaaS) sector. It feels like every cloud software idea is being funded, and there are, literally, multiple unicorns being anointed by their exuberant investors every month, in just this one sector, even as predictions are rampant that this year, the number of unicorns across India’s startup scene will cross the 100 mark.
(This story appears in the 20 May, 2022 issue of Forbes India. To visit our Archives, click here.)