“Magic 8 Ball” — Eight predictions for India SaaS for 2023

Manav Garg

31 January 2023

Here are my “magic 8 ball” predictions:

1. Founders will accept reality and reset

2. Operational metrics will come into focus — Indian SaaS companies at growth stage will emerge as winners

3. More Indian SaaS companies will finally capitalize on their PLG advantages to achieve early scale

4. India will see more startups offerings developer tools and allied solutions around infrastructure and security — they will grow at a faster pace both in quality and scale

5. Some vertical SaaS gems will emerge

6. Talent will finally be available

7. India SaaS will continue to attract strong high-quality funding

8. 2023 will be the year of AI — AI is here to stay