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According to by Bessemer Venture Partners.
India's SaaS market to be valued at $50 billion by 2030
The Indian SaaS market has undergone a significant transformation, as evidenced by a significant increase in venture capital investment.” The industry received $4.8 billion in finance in 2021, around three times the amount invested in 2020, marking a turning point in its growth trajectory.
“Within the upcoming eight years, India is forecasted to rise as a global frontrunner in the realm of cloud computing.”
