Pandemic may force SaaS industry consolidation: Zoho CEO Sridhar Vembu

Notwithstanding the market-wide disruption because of covid-19, industries such as e-commerce, software-as-a-service (Saas), healthcare and enterprise technology are likely to see growth and create investment opportunities. The India SaaS market is forecast to touch more than $20 billion by 2022 grow from $6 billion in 2019, according to Bain & Co.’s India Private Equity Report 2020, along with Indian Private Equity and Venture Capital Association (IVCA).