- India's software-as-a-service (SaaS) industry has the potential to become a $1 trillion opportunity by focusing on growing the number of $1 billion revenue SaaS companies to 66. - Chennai has emerged as the SaaS capital of India, with the local SaaS ecosystem generating approximately $1 billion in annual revenue and $500 million in funding. It is home to over 15,000 SaaS talent. - For India to truly become a global SaaS hub, it needs to focus on funding more startups and helping them scale organically to achieve unicorn and babycorn status, while also ensuring adequate talent is available.