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Breaking ground: Unravelling the DeepTech potential in Indian B2B SaaS

The objective of this report is to gain insights on the prevalence of DeepTech and its potential impact in unlocking future growth of B2B SaaS in India. The report delves into examination of types of DeepTech harnessed by Indian B2B SaaS enterprises, highlights prominent use-cases across diverse sectors, reveals potential growth differential achievable through inventive DeepTech, and elucidates collaborative efforts of ecosystem participants required to realize the DeepTech advantage for Indian B2B SaaS.

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Key Findings

Indian B2B SaaS companies are inherently DeepTech
  • 99% of Indian B2B SaaS companies are leveraging DeepTech
  • AI/ML is the most leveraged DeepTech (59% of use cases), followed by big data/ descriptive analytics (34%)
DeepTech leveraged extensively by Indian B2B SaaS companies:
  • Shortlisted 201 Indian B2B SaaS companies working on 507 DeepTech use cases
  • Majority of Indian B2B SaaS companies leverage DeepTech to serve horizontal application areas
Focus on inventive DeepTech is key to future growth
  • Sustainable growth of B2B SaaS companies is directly proportional to scale of inventive DeepTech
  • 25% of Indian B2B SaaS companies are presently inventive with 2,000+ filed patents
Growth can be accelerated by a nurturing ecosystem for inventive DeepTech:
  • Availability of DeepTech talent (80%), patient capital (40%) and DeepTech infra (27%) are the top three challenges
  • Increased access to open data, greater collaboration with academia and government-supported DeepTech funds can potentially accelerate DeepTech

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