India's SaaS startups seem to be on the radar of global firms; one success story is Gurgaon-based Mettl, which raised only Rs 300 million and was acquired for Rs 3 billion within a span of eight years
Tamil Nadu's SaaS sector is generating a revenue of over a billion dollars and employing over 10,000 people at present
US contributes to majority of the Annual Recurring Revenue (ARR), a metric used in SaaS based on the defined contract length
Building products for mobile-first Indian market will give them an edge over global entities, predicts Google-Accel study