Weekly SaaS update (10-16 Oct 2022)

Avataar Venture Partners, floated by former executives of Norwest Venture Partners and Freshworks Inc., has launched a new venture capital fund with a target corpus of $350 million (about??2,800 crore). The fund will invest in 12-15 growth-stage startups that operate on business-to-business (B2B) and software-as-a-service (SaaS) models.

https://www.livemint.com/companies/start-ups/avataars-new-fund-to-back-b2b-saas-startups-11665978774146.html

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