India today has 13 SAAS Unicorns, which are companies with over $1 billion evaluation. Recently two of the companies, Darwinbox and Uniphore have entered this mark. As enterprises are going digital, the production of SAAS is increasing tremendously.
The startups which are grabbing $10 million ARR (Annual Recurring Revenue), are becoming either ISV (Independent Software Vendors) or DNB (Digital Network Business).
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