Publicly Listed Software Company ZoomInfo To Expand India Team

Publicly Listed Software Company ZoomInfo To Expand India Team

SUMMARY

The startup said it will continue to grow its employee base to over 3000 in India.

ZoomInfo said that it allows its team to build, promote, and sell technology as part of its tech stack

A week ago, ZoomInfo appointed Andrew Riesenfeld as the senior vice president of business development (in the startup)

US-based and listed software company ZoomInfo plans to increase its headcount by 50% by the end of 2022 in India. Further, the startup said it has already tripled its employee base in its India office this year. 

According to the company, ZoomInfo will continue to grow its employee base to over 3,000 in India. It is also hiring talent across the globe.  

“ZoomInfo is the employer of choice for anyone in India interested in building SaaS products on a global scale. We are looking for difference makers in India, a country known for its immense talent. If you strive to make an impact, challenge the status quo, and want ownership over your work, ZoomInfo is the place for you,” said Madhav Nair, senior VP of engineering at ZoomInfo.

Founded in 2019 by Henry Schuck, ZoomInfo’s software RevOS enables companies in B2B sales, marketing and recruiting professionals. It claims to have over 30,000 clientele including global, mid-sized and small businesses.

ZoomInfo said that it allows its team to build, promote, and sell technology as part of its tech stack. It further allows its employees to work with a slew of technologies including Angular, React, Node.js and Java, Snowflake, Solr, HBase, Spark, and Elastic. 

Earlier this year, ZoomInfo opened its first physical office in Chennai, India. It claims to have built teams across several verticals including engineering, product and design, data analysis, sales, and customer experience. 

A week ago, ZoomInfo appointed Andrew Riesenfeld as senior vice president of business development (in the startup). 

Overview Of SaaS Startups In India

The latest development has come at a time when many Indian startups are planning to spread roots across the nation and world. Recently, crypto trading platform Carret raised funding to expand its presence in the Middle East and SEA. The startup will also utilise funds to strengthen verticals and hire talent. 

Besides, genomics research startup MedGenome secured $50 Mn from Novo Holdings, LeapFrog Investments and Sofina to expand its presence in South Asia and while also foray into Africa and the Middle East. 

Further, according to CII and EY’s report, India is set to become a global SaaS capital in the next few years. Meanwhile, another report states that the Indian SaaS industry is projected to become a $30 Bn market by 2025, accounting for 9% of the international SaaS market by 2025.

As per an Inc42 report, the Indian healthcare SaaS segment is expected to become a $3.5 Bn market by 2025, expanding at a CAGR of 45% by 2025. 

This year, the Indian SaaS sector has witnessed a slew of fundraisings such as Netradyne raising $65 Mn, Metalbook securing $5 Mn, Draup bagging $20 Mn and UserStudy receiving $1 Mn investment, among others.

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