India, April 10 -- By mid-2024, the Indian SaaS landscape reached a turning point. AI was no longer an edge or an innovation layer; it had become a foundational pillar for SaaS and software development.

Inc42 reported that AI startups comprised nearly 40% of new SaaS ventures funded in 2024, a sharp leap from 19% in 2022. In total, Indian SaaS startups raised over $2.1 Bn in 2024, up 31% YoY. A growing chunk of this capital is flowing toward companies that are not just building on AI, but being built by AI.

The shift is clear even in boardroom conversations or pitch meetings. Investors now probe product architecture with surgical precision. The question isn't simply whether a company uses AI - it's how deeply AI is embedded, whether it ...