SaaS companies have typically viewed the US market as more favourable to list, but with better valuations and growth expectations, the Indian market is attracting some of them.
Upekkha, an accelerator for software-as-a-service (SaaS) startups, on Wednesday marked the first close of its new fund, which has a target corpus of $40 million, ..
The fund was created with a leading investment from WestBridge Capital, among other limited partners including Godard Abel, founder and CEO of G2, a business-to-business marketplace that ranks SaaS companies.
Upekkha secures $15M in first close of $40M Fund led by WestBridge Capital yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
Managing partner Thiyagarajan Maruthavanan said a lot of the consolidation and acquisitions will broadly be enabled by networks built out by past investors in 2024, with SaaS getting increasingly crowded and commoditised.