Cloud Stocks and PaaS: Which SaaS Players Will Win in PaaS

At the end of 2020, I wrote Big Idea 2021: SaaS Companies Will Create 10 Million Jobs with the central thesis that SaaS players would evolve into PaaS to create deeper moats around their core market positions and gain access to the related force multiplier.

To recap on the assumptions:

• IF 1000 SaaS companies open up their platforms as a service, PaaS, as Salesforce.com does, by 2025
• IF each platform lets startups sell through its marketplace, as Salesforce.com does, by 2025
• IF each platform empowers 1000 startups to build on its stack by 2025

>>>

Indian Unicorns 2022: Acko Helps Indian Masses Get Insured

Non-life insurance market in India is expected to grow 14% in fiscal 2022 from INR 1.98 trillion (~$27 billion) in fiscal 2021 driven by the influx of private insurers in the sector. But despite the market size, currently, only a fraction of the nation’s 1.3 billion people have access to affordable, sizable policies. Acko is a leading non-life insurance player in the country that recently entered the unicorn club.

Featured Videos

Indian Unicorns 2022: Rebel Foods Takes Kolkata Rolls to Cloud Kitchens

The food delivery market in India is expected to grow at 28% CAGR through 2026, and 26% this year. The market is highly fragmented with global players like McDonald’s and Pizza Hut competing with Indian-origin players like Zomato, Swiggy, and Rebel Foods. Rebel Foods is among the latest Unicorn players in the country that is spearheading the Cloud Kitchen concept.

Indian Unicorns 2022: Vedantu Targets the K-12 Tuition Opportunity

The EdTech market in India is estimated to reach $126 billion in 2022 from $63 billion in 2016. K12 education market alone is expected to be $55 billion by 2022. The recent pandemic has accelerated the growth in the EdTech market with user base doubling from 45 million in 2019 to 90 million in April 2020. Analysts believe that the increasing adoption and availability of online tools will continue to accelerate the growth of this market in the coming years. Vedantu, is among the leading Unicorns in the market.

Indian Unicorns 2022: Mobile Premier League Eyes International Markets

The global mobile games market is estimated to grow at 24% CAGR to reach $420.4 billion by 2026. The growth will continue to be driven by increasing smartphone penetration, particularly in emerging markets. The Indian mobile gaming industry is expected to be one of the fastest-growing markets, and Unicorn Mobile Premier League is cashing in on this growth.

Indian Unicorns 2022: Zetwerk Brings eCommerce to Manufacturers

India’s manufacturing segment accounted for 17% of its GDP last year. While it is a big market, it still remains a highly untapped and fragmented one. India’s Unicorn entrant Zetwerk is leading the process of bringing eCommerce to this sector, and it appears to be successful.

Indian Unicorns 2022: Eruditus Targets the K-12 Market

The global e-learning market is expected to grow at 21% CAGR to reach $1 trillion by 2027. India’s Unicorn entrant, Eruditus, is aspiring to become one of the leading players in the market.

Indian Unicorns 2022: upGrad Consolidating within the EdTech Sector

India’s online education market is expected to grow to $3.5 billion in 2022 from $735 million in 2019. India boasts of the world’s second-largest e-learning market after the US that is catered by more than 9,000 education technology startups. upGrad is one of the Unicorn players consolidating this space.

Indian Unicorns 2022: Mindtickle Leverages AI for Sales Enablement

The global sales enablement platform market is estimated to grow at 19% CAGR to reach $7.3 billion market by 2028 from $1.7 billion in 2020. Indian Unicorn Mindtickle is helping improve sales team effectiveness by deploying AI, ML, and gamification capabilities into the mix.

Indian Unicorns 2022: BrowserStack Addresses a $45B Market Opportunity

The global mobile application testing services market is expected to grow at 20% CAGR. While 90% of this testing happens in-house, that trend is shifting. India’s Unicorn player BrowserStack is a leading player in the market that pegs the market at $45 billion and is targeting to gather 50% market share.

Indian Unicorns 2022: Chargebee Helps Businesses Manage their Subscription Billing

The global subscription and billing management market is estimated to grow at 14% CAGR to reach $7.8 billion by 2025. India’s Unicorn club member, Chargebee, is a leading player in the market.