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Cornerstone Ventures will make a higher quantum of investments in Indian SaaS startups as it believes that the scale of the SaaS startup ecosystem in India is only going to get bigger.
Pune-based fintech startup EarlySalary has raised close to $97 Mn (INR 775.4 Cr) in a funding round led by TPG Growth.
EarlySalary founders – Ashish Goyal and Akshay Mehrotra are increasing their stakes from existing 4% to 12% on a fully diluted basis.