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Chargebee: Powering the Global Subscription Economy
An Indian SAAS startup going global
One of the most significant structural changes in the global economy has been the rise of subscriptions. This transformation started as a transition from selling software through sales of one-time lifetime licenses to selling software-as-a-service (SAAS) on a recurring monthly or annual basis. Since then the global subscription economy has blossomed to include more than just software with subscriptions increasingly being found in every sector of the economy.
Over the past decade, the subscription economy has grown by over 430%. Globally the subscription economy reached an impressive $275 billion in 2022 and is only set to grow in the years to come. The rise of the subscription economy has opened up a vast range of opportunities for tech companies to help support the entire lifecycle of subscriptions for businesses. One of the largest and most successful subscription management platforms is Indian startup Chargebee.
Chargebee is a recurring revenue management platform that provides subscription and recurring billing tools along with a host of other services for SAAS and ecommerce businesses. It powers their complete recurring revenue lifecycle, from subscription billing to cash, accounting, renewal and more. The company was founded in 2011 by KP…