{"id":948566,"date":"2025-07-22T08:28:30","date_gmt":"2025-07-22T02:58:30","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=948566"},"modified":"2025-07-22T08:51:38","modified_gmt":"2025-07-22T03:21:38","slug":"indias-saas-sector-tops-15-billion-in-revenue-as-ipo-pipeline-builds","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/07\/22\/indias-saas-sector-tops-15-billion-in-revenue-as-ipo-pipeline-builds\/","title":{"rendered":"India\u2019s SaaS sector tops $15 billion in revenue as IPO pipeline builds"},"content":{"rendered":"<p>India&#8217;s software-as-a-service (SaaS) sector crossed $15 billion in annual revenue in FY24, boosted by more than 36 companies topping $100 million in annualised recurring revenue (ARR), according to a report by financial services firm JM Financial. <\/p>\n<p>The report titled \u2018India\u2019s SaaS: Taking Wings,\u2019 which analysed 250 SaaS companies across industries with an ARR of at least $10 million, noted that the space grew at a compound annual growth rate (CAGR) of 24% between FY19 and FY24.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s software-as-a-service (SaaS) sector crossed $15 billion in annual revenue in FY24, boosted by more than 36 companies topping $100 million in annualised recurring revenue (ARR), according to a report by financial services firm JM Financial. The report titled \u2018India\u2019s SaaS: Taking Wings,\u2019 which analysed 250 SaaS companies across industries with an ARR of at least $10 million, noted that the space grew at a compound annual growth rate (CAGR) of 24% between FY19 and FY24.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-948566","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/948566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=948566"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/948566\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=948566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=948566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=948566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}