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Technology

Indian SaaS startups emerge from shadows of consumer tech peers

Homegrown software makers could corner up to 9% of global market by 2025

India is home to about 9,000 software-as-a-service companies, of which about 1,300 have raised funds from venture capital firms. (Source photos by AP) 
SAYAN CHAKRABORTY, Nikkei staff writer | India

BENGALURU -- Khadim Batti, co-founder of Indian software-as-a-service (SaaS) startup Whatfix, has endured it all, from imperious customers to dismissive venture capital firms.

Batti fought back a chuckle as he recounted a potential corporate customer in 2015 asking for a stake in Whatfix in return for using the firm's services.

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