The State of SaaS in India with Anand Dutta, VP at Nexus Venture Partners
In the fourth episode of this podcast series, Sunil discuss the state of SaaS in India with Anand from Nexus Venture Partners
Anand Dutta, an alumnus of IIM-A and IIT-KGP, brings 12+ years of experience to the table, working with a diverse set of companies ranging from Franklin Templeton to BIMA.
Currently, he is a VP at Nexus Venture Partners, India’s leading venture capital fund with over $1.5B under management and an active portfolio of over 70 companies. His focus at Nexus is on early-stage (seed and Series A) companies.
Key Takeaways
The number of first-generation SaaS product companies in India will grow in the coming years.
India is a big market for SaaS. However, to maximize adoption, there has to be a change in the way cloud software is perceived in multiple industries.
With remote work being more prevalent in the coming years, the demand for SaaS software is going to increase exponentially. Various tasks like people management and expense tracking, that were earlier performed manually, will be now done using a SaaS tool or platform.