EY-Upekkha Report 2023

High capital efficiency underscores Indian SaaS growth.
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‘The SaaS Outlook 2023’ outlines the significant events from the past year that impacted the SaaS ecosystem.
The report tracks the major turning points that shaped the year, including the breakthrough developments in AI, the collapse of SVB, the significance of capital efficiency, and the acceleration of M& A in the SaaS sector. It also illustrates how, in the post-AI era, one can get past the illusion of hyper-valuation and discover new business moats.
Additionally, the research includes views from investors and founders regarding shifting currents as well as the state of the SaaS ecosystem. Going beyond a retrospective lens, the report also forecasts trends poised to define the future trajectory of the SaaS ecosystem in 2024.

Upekkha Contributors and Authors

Thiyagarajan Maruthavanan (Rajan), Managing Partner

Divya Ajitsaria, Head of Marketing

Mohamed Yoosuf, Manager, Marketing

Minakhee Mishra, Senior Editor & Content Manager

Kavya Shastry, Communications Manager

Jaya Malhotra, Content Associate
Download the full report to understand more.
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