Under the former State Bank of India chairperson's leadership, the tech giant has grown into a Rs9,116 crore-company in India. With the launch of a public sector division, the 'Made in India' Digital Lending solution and AI-driven Agentforce, the country is one of the fastest growing operating units for it globally
In 1978, Nand Kishore Chaudhary founded Jaipur Rugs to revive the traditional art of rug-making. His broader vision was to offer marginalised weavers, especially women, an opportunity to earn a sustainable livelihood. As the brand grew, it moved its focus from B2B to B2C, selling directly to interior designers, architects and end-customers via its website and stores. Managing data manually and finding meaningful insights became tough. “While we had a CRM (customer relationship management) tool, its capabilities were limited. We needed a more intelligent platform to centralise our data, automate our processes and strengthen reporting,†says Yogesh Chaudhary, director, sales, Jaipur Rugs.
Enter Salesforce. Its various products have helped the brand streamline its lead-to-order management process for all orders. “By improving employee experiences, we’ve improved customer experiences. Queries are answered quicker, order processing is smoother and shipping timelines have reduced,†explains Chaudhary. Today, the brand works with over 40,000 artisans across 600 villages. Jaipur Rugs wants to build self-service kiosks in their stores, where customers can browse their inventory, and visualise products through Salesforce AI (artificial intelligence) products.
Salesforce made its entry into the Indian market in 2005, but it’s only in recent years that the brand has moved into top gear, accelerating its growth and presence across the country. A key turning point came four years ago when Arundhati Bhattacharya, former chairperson of the State Bank of India, made a significant career shift and joined Salesforce, marking a new chapter in the company’s journey in India.
“At the time there were only about 2,200 people in the team—we could fit the entire sales team in an IndiGo flight,†recalls Bhattacharya. Though the banking veteran had retired, she says, “I was not satisfied with the non-executive portfolio because I couldn’t make any impact. I still wanted to see what impact I could make. So, I was quite excited to get this opportunity in a very different industry.â€
In the last four years, the tech giant’s India business has grown by about 4x. In November, Salesforce India saw its total revenue go up by over 36 percent to Rs9,116.3 crore in FY24, according to its regulatory filing with the Ministry of Corporate Affairs’ Registrar of Companies. For the last two years, India has been the fastest growing operating unit for Salesforce, globally.