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SaaS startups shift focus to tier 2, 3 cities
Financial Express Delhi
|December 14, 2024
SAAS (SOFTWARE AS a Service) startups, once primarily targeting global markets, are increasingly turning their attention to India's tier 2 and 3 cities to fuel growth.
These regions are emerging as hotspots for enterprise technology adoption, driven by a surge in local entrepreneurship and a growing migration of talent away from metropolitan hubs.
"Investors are now showing greater confidence in India-centric SaaS models as they see strong growth in tier II and III cities," said Brijesh Damodaran Nair, founding partner at Auxano Capital.
The pandemic accelerated the shift towards distributed work setups, with employees relocating to smaller cities. Lower operational costs in these regions make SaaS solutions particularly attractive for businesses seeking efficiency at scale.
यह कहानी Financial Express Delhi के December 14, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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