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India SaaS & IT Services

India's software industry sells abroad, remotely: 91.7% of software services exports were delivered off-site in 2025-26 and 72.6% were invoiced in US dollars (RBI). SEBI-registered AIFs had invested INR 39,383 crore in IT/ITeS by March 2026.

20 verified facts tracked for this market — each with its source, reporting period and evidence tier. Tier 1 = primary institutions (central banks, statistical offices); tier 2 = disclosed industry panels.

MetricValueGeoPeriodTierSource
IT/ITes sector: cumulative net investment by SEBI-registered AIFs, including offshore investments39383INR croreIN2026-03-31T1sebi.gov.in
US dollar invoicing share of India's software services exports72.6percentIN2025-26T1rbi.org.in
Share of India's software services exports delivered off-site91.7percentIN2025-26T1rbi.org.in
Local software business by foreign affiliates of Indian companies17.9USD billionIN2025-26T1rbi.org.in
GDP per capita at purchasing power parity, India, IMF WEO10747.418international dollars per capitaIN2024T1imf.org
India rural unincorporated establishments using internet for entrepreneurial purposes17.90%IN2023-10/2024-09T1pib.gov.in
Indian firms citing inadequately educated workforce as major constraint9.4% of firmsIndia2014T1data.worldbank.org
Indian firms using e-mail to interact with clients or suppliers78.0% of firmsIndia2014T1data.worldbank.org
Sales lost by Indian firms during electrical outages3.7% of annual salesIndia2014T1data.worldbank.org
Monthly electrical outages experienced by Indian firms13.8outages per monthIndia2014T1data.worldbank.org
Indian firms experiencing electrical outages55.4% of firmsIndia2014T1data.worldbank.org
Indian firms using technology licensed from foreign companies9.4% of firmsIndia2014T1data.worldbank.org
India individuals using the Internet, World Bank (World Telecommunication/ICT Development Report & database, ITU)7.5 (2010) -> 60.3 (2023)% of populationIN2010-2023T1data.worldbank.org
Median customer churn rate after SaaS companies scale and find product-market fit3.8% average monthly churnGLOBAL2026T2recurly.com
SaaS growth uplift associated with net revenue retention above 100%20 vs 15% expected YoY ARR growth in 2025 vs 202Global private SaaS companies2024-2025T2chartmogul.com
Effect of adding sales to low-price PLG SaaS motions on new-business ARR growth20% vs 0%median new-business ARR growth for B2B companies below $25 ASP: full PLG vs layering sales too earlyIndiaQ1 2024-Q1 2025T2chartmogul.com
Typical time window when SaaS trials convert to paid7daysGLOBALQ1 2024-Q1 2025T2chartmogul.com
Median free-to-paid conversion rate across B2B software products8% median free-to-paid conversionGLOBALJanuary 2026 surveyT2chartmogul.com
High-ASP SaaS lead-to-paid sales-cycle duration threshold30+days from lead creation to first customeIndia2025 report; underlying ChartMogul GTM dataset of 2,500 SaaS companiesT2chartmogul.com
Year-on-year growth multiple of software and SaaS VC funding, India1.5x versus prior yearIN2025T2bain.com

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