With more than $ 1 billion in revenue, a staff of around 15,000, and attracting over $ 500 million in domestic and international investment, Chennai is surrounded by the SaaS. The city gained this status by a conservative business approach and the availability of strong techniques with great work ethics.
The city is home to unicorns like Zoho, who have SaaS as their backbone. Zoho is not diluted equity but is much more than $ 1 billion worth of unicorn status. While IT companies have managed to exceed $ 500 million, Chennai born SaaS OrangeScape products have reached more than 10,000 customers in 160 countries.
In this video, Suresh Sambandam is discussing about the pride of SaaS in Chennai.
Suresh Sambandam is the founder and chief operating officer of OrangeScape, a home-grown company giving SaaS solutions. OrangeScape, a cloud pioneer based in India, is one of 10 global platform-as-a-service (PaaS) companies. It has been featured in Gartner and Forrester reports. Suresh Sambandam has been an entrepreneur since the age of 19.
Value SaaS Series focus on businesses that are on their way to the first million. They introduce or increase small external investments to generate recurring revenue. During this period iterates quickly to create a recurring revenue to scale to $ 10 million or more. They grow and prosper rapidly by accessing and deploying founder-owned capital.