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B2B SaaS · February 2026

AI-native vertical SaaS for India's GCC ecosystem and supply chain intelligence platforms drive B2B SaaS to a second consecutive month above FCI 60 in February 2026

B2B SaaS averaged FCI 63 in February 2026 on AletheiaAI. AI-native products for India's Global Capability Centre (GCC) ecosystem, supply chain intelligence platforms, and customer success SaaS for global markets led investor interest.

Period
February 2026
Sector
B2B SaaS
Top Theme
GCC-native SaaS & supply chain intelligence

India B2B SaaS Sector: February 2026 Snapshot

February 2026 saw 27 B2B SaaS decks on AletheiaAI, with an average FCI of 63. India's 1,700+ GCCs (Global Capability Centres) creating an internal enterprise demand pool was the dominant narrative.

What Investors Are Rewarding

GCC-native SaaS — productivity tools, internal marketplace platforms, and knowledge management built specifically for GCC operations in India — averaged FCI 71. NASSCOM data showing 25% YoY GCC headcount growth validated the market.

Supply chain intelligence platforms — demand forecasting, inventory optimisation, and logistics analytics for Indian manufacturers — averaged FCI 68. PLI Scheme beneficiaries were the primary buyer segment.

Customer success SaaS for global markets — built in India, sold to US/UK SaaS companies for their enterprise clients — averaged FCI 66.

Where Decks Are Failing

Social media SaaS for Indian brands averaged FCI 47. Category lacks defensibility against Meta's native tools.

No-code/low-code platforms without a vertical focus averaged FCI 45. Bubble, Webflow, and Retool cover the general market.

Notable Trends

  1. AI code review and DevSecOps — Automated security scanning and code quality tools for Indian engineering teams averaged FCI 69.
  2. B2B marketplaces with embedded SaaS — Commerce platforms that also sell SaaS subscriptions averaged FCI 67.
  3. Employee learning and skilling SaaS — Structured skilling tools for GCC and IT company L&D teams averaged FCI 64.

Investor Sentiment

INVEST/PASS: 43%/57%. GCC ecosystem as a distribution channel was February's highest-conviction signal.

Entities Referenced in This Report
ZohoFreshworksBrowserStackChargebeeNASSCOMDPIITMake in IndiaPLI SchemeGSTNGeM

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