A significant chunk of the companies that will contribute to the $50 billion ARR tally will be ones who would not have exhausted any more than $100 million of equity-based capital by 2030, said an expert Venture capital firm Bessemer Venture Partners (BVP) projected that the Indian software-as-a-service (SaaS) industry is expected to reach $50 billion by 2030, and companies and unicorns to generate revenues of $20-$25 billion by 2030.