The current recessionary environment, exacerbated by the COVID-19 pandemic, could pose potential challenges for global software-as-a-service (SaaS) startups, particularly those based in India. With cost-conscious customers tightening their budgets and demands for greater value in a dollar spent, such constraints could lead to revenue contractions and recalibrated growth targets. However, Indian SaaS startups have proven their resilience as they offer enterprise-grade tools at lower costs than their global counterparts. Their ability to be capital-efficient and adoption of a consumption or usage-based pricing model, coupled with an expanding footprint in new geographies, such as Asia Pacific and Latin America, has enabled several businesses to remain profitable and witness hyper-growth. At least 80 Indian B2B SaaS startups expect 50% plus hyper-growth in 2023 despite the current economic environment, according to an EY-Upekkha survey of at least 140 growth-stage SaaS companies ($1 million to $100 million ARR). Indian SaaS startups’ collective ARR is projected to reach ~$35 billion in the next five years and capture around 8% of the global SaaS market, as per a Bain report.