New Delhi: According to reports, Siddharth Ahluwalia and Nansi Mishra, the creators of the 100x Entrepreneur Podcast, have created a startup fund to raise Rs 200 crore to invest in early-stage SaaS (Software-as-a-Service) firms.
Neon is the second fund from 100x Entrepreneur that will invest in B2B SaaS firms and assist them to grow beyond a run rate of $10 million in annual sales in five years.
“India has some incredible SaaS founders who shine bright even on the global stage….We look forward to being a part of their journeys and working with them on product development, marketing, sales, and talent acquisition,” said Ahluwalia.
Since 2012, Siddharth Ahluwalia has founded a B2B SaaS company. He created AddoDoc, a B2B SaaS service that assists paediatricians in digitise their practice. Additionally, he is a co-founder of Babygog, an app for mother-baby healthcare. Nansi Mishra, a Delhi University graduate in commerce, oversaw marketing for AddoDoc and Babygogo in the past. Sheroes, a social networking site geared towards women, was another affiliation of hers.