Early-stage investment firm Upekkha Value SaaS Accelerator raised $9Mn from WestBridge Capital


AngelList-style early-stage investment firm Upekkha Value SaaS Accelerator raised $9 million from WestBridge Capital. This is the first of its kind alternative investment fund or AIF in India.


Upekkha has invested in approximately ten startups and has also participated in a Series A round of one of its portfolio companies. "This year, UP Funds will invest in 60 startups across three cohorts of the Upekkha accelerator programme," Upekkha cofounder and partner Shekar Nair said. Over the course of four years, Upekkha has accelerated 72 startups, with seven of the first ten exceeding $1 million in ARR profitably.

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