Asia's SaaS companies have the potential to build for the world, say investors

Asia's SaaS companies have the potential to build for the world, say investors

(L toR) Mohan Kumar, managing partner, Avataar Ventures; Kabir Narang, founding general partner, B Capital Group; Cyrus Driver, managing director, Partners Group; and Nishant Rao, ex-managing director, LinkedIn at a panel session titled 'The opportunity for cross-border SaaS play' at the Asia PE-VC Summit 2022

The US is the largest SaaS market in the world with a total of 426 unicorns. Ranking second and third respectively are China and India, which house a combined 244 unicorns, according to a recent report published by the Indian financial services firm Motilal Oswal.