Upekkha, a SaaS fund and accelerator that assists early-stage Indian SaaS firms has closed the first close (15m USD) of its 40M USD fund. WestBridge Capital spearheads the finance. CEO of G2.com, Godard Abel is a first-close LP.
The Upekkha Fund will invest in over 70 early-stage firms this year, betting on India SaaS and AI, as reported by CXOtoday.
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Prasanna Krishnamoorthy, Managing Partner at Upekkha said “Indian SaaS, now powered by AI will grow fast and as a result attract greater investment. At Upekkha, we find great founders and help them reach their potential. The investment from WestBridge shows their confidence in India SaaS and gives us more dry power to be the leading accelerator & SaaS fund for early stage startups building from India to win globally.”
The present portfolio of Upekkha includes an exceptional selection of more than 200 firms and more than 300 strong SaaS founder communities, all of which have achieved profitable growth.
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Sumir Chadha, Co-founder & Managing Partner at WestBridge Capital said, “WestBridge was started with the goal to help Indian startups go global. Prior to Upekkha, India did not have a robust ecosystem and platform that assisted early-stage SaaS entrepreneurs in building strong successful businesses. We continue to see Upekkha as a key partner bridging that gap and enabling founders to build global SaaS business from India.”
Employing tailored coaching and well-planned SaaS expansion tactics gives entrepreneurs the abilities and perspectives to guide their companies toward financial gain and sustained prosperity.
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About Upekkha
Upekkha is a premier SaaS Accelerator and Fund that empowers founders to create thriving global B2B SaaS businesses.
