SaaS (software as a service) is becoming a more viable alternative for companies seeking accessibility, adaptability, and flexibility in a competitive marketplace. Businesses may use SaaS software solutions and online data analysis without having to rely on installing and running software on their own computer systems and data center's. As a consequence, these incredible technologies are becoming more and more popular every year.

SaaS now controls the cloud computing market. Gartner predicted that by 2023, expenditure on public cloud services will rise by 20.7% to $591.8 billion, a rate of growth that will affect SaaS trends in the coming years.

The Indian Software-as-a-Service (SaaS) industry has recently shown exceptional stability by not only overcoming severe financial constraints and economic downturns, but also by becoming stronger as a result. Indian SaaS is expected to reach USD 26 Bn in revenue by 2026 thanks to an incredible 2.5X year-over-year growth, and it remains an appealing market for both creators and investors. The ongoing founder and investor confidence in the Indian SaaS ecosystem as well as the product leadership displayed by SaaS firms, both old and rising, are what are driving this momentum. To this, you can also add the support of investors who are making sizable bets across different growth stages in a variety of Indian SaaS categories and subcategories.

The firms that create these products can be used to evaluate the SaaS market’s performance. In early 2021, brands like Salesforce and Shopify were among the ten biggest publicly-owned SaaS businesses, according to market value. Between 2020 and 2021, these businesses enjoyed astronomical growth. An impressive example of growth is Salesforce, whose valuation increased from $161 billion to $251 billion.

Despite the fact that industry titans like Microsoft and Oracle are absent from this list, their major earnings come from the selling of on-premises software. However, the shift to subscription-based pricing structures is pushing well-established businesses to convert their software offerings to SaaS models, substantially enhancing the growth potential of SaaS products in the coming years.

In the rapidly evolving world of Software as a Service (SaaS), finding innovative ways to maximize revenue and streamline operations is crucial. That’s where Transact Bridge comes in. We are your partner for expanding your SaaS business in India and beyond, offering a suite of services that can revolutionize your subscription-based software business.

Transact Bridge is more than just a reselling platform; we are also your entryway to the Indian market and a remedy for numerous problems SaaS business encounter while expanding into this varied and vibrant country.

Transact Bridge makes it easy by enabling recurring payments on cards, UPI, and e-mandates and also provides SIHUB to overseas merchants. We have one of the highest success rates in the industry, ensuring a steady stream of income for your SaaS business.

Our expert team stays up-to-date with the latest changes in Indian tax regulations, ensuring that your cross-border e-commerce business remains tax compliant in India. We handle all the necessary filing and compliance tasks, allowing you to focus on growing your business.

As your trusted Merchant of Record in India, we enable global companies to access the massive Indian consumer market by facilitating transactions in Indian Rupees (INR). This simplifies payment processing and opens the door to approximately 1.4 billion potential customers.

To improve the success rate of payments, we offer a variety of local payment methods, including UPI, credit cards, and debit cards, catering to the diverse preferences of Indian consumers.

We are proud to be PCI-DSS certified, with state-of-the-art servers for data storage and handling. Our partnerships with leading payment gateways and banks ensure the highest level of security, reducing failure rates and increasing payment traffic.