Bhubaneswar, India March 14th, 2024: The Bharat SaaS Yatra, a groundbreaking initiative dedicated to celebrating and nurturing India’s dynamic Software as a Service (SaaS) sector, officially commenced its journey from Bhubaneswar today. With a resolute mission to inspire and empower the next wave of SaaS entrepreneurs nationwide, this transformative endeavour will traverse through 20 cities, orchestrating immersive SaaS exhibitions to showcase the extraordinary journey and accomplishments of India’s SaaS ecosystem.
The momentous inauguration ceremony was organised in association with Startup Odisha for Odisha chapter, gathering over 100 prominent individuals and industry stakeholders. Dr. Omkar Rai, Executive Chairman of Startup Odisha, presided over the inaugural event held at Srusti Academy of Management, Bhubaneswar. Against the backdrop of Odisha’s flourishing entrepreneurial landscape, with over 1800 emerging startups, the commencement of the Bharat SaaS Yatra signifies a significant milestone in the state’s startup ecosystem. Among these burgeoning ventures are notable SaaS startups like Bookingini, Typoof, Retrod, Fydo, and Goodmeetings.ai, underscoring the vibrancy and innovation deeply ingrained within Odisha’s startup ecosystem.
India currently hosts approximately 7000 SaaS companies, generating an impressive revenue of $12-13 billion. To support and amplify this momentum, the Bharat Startup Yatra has forged partnerships with several State Govt agencies like Startup Odisha, SaaSBOOMi, Upekkha, and other ecosystem players from SaaS. Their collective aim to catalyze more individuals to venture into the SaaS domain as well as honor the contributions of industry pioneers. With a shared vision of establishing India as a global leader in product innovation, this initiative stands as a beacon of hope and inspiration for aspiring entrepreneurs nationwide. The journey ahead will be documented in various forms, including podcasts, interviews, shorts, and culminating in a documentary for OTT platforms like Netflix and theatrical screenings in PVR cinemas.
Reflecting on the occasion, Omkar Rai, Executive Chairman of Startup Odisha, remarked, “The Bharat SaaS Yatra marks a pivotal moment in our journey towards fostering a thriving startup ecosystem in Odisha. We are proud to be the first destination for the Yatra, which will undoubtedly ignite the aspirations of countless entrepreneurs across the nation.”
Sri Maneru, Founder, Bharat SaaS Yatra expressed excitement, stating, “We are thrilled to embark on this transformative journey from the vibrant city of Bhubaneswar, which boasts one of the most proactive startup missions in Odisha. Through the Bharat SaaS Yatra, we aim to celebrate the resilience, innovation, and collective spirit of India’s SaaS community, while paving the way for a future filled with limitless possibilities.”
