Upekkha, a B2B SaaS-specific accelerator which also provides option-friendly pre-seed capital, announced it has invested in 41 startups to date. Currently, UP Funds invests $100K in every Upekkha startup. In 2021, Upekkha invested in 11 Value SaaS startups, and in 2022 the number went up to 30. Upekkha’s intention is to fund 60 businesses in 2023.
In the last 5 years, Upekkha has helped accelerate 100+ startups and created a strong Value SaaS community of 210+ SaaS founders. Through its mentoring, Upekkha has enabled startups to build profitable capital-efficient, aka Value SaaS businesses that provide high optionality for the founders. Upekkha aims to have founders who control their startup route as they embark on a profitable growth trajectory, according to the statement.
Girish Mathrubootham of Freshworks believes, “The Upekkha tribe has built one of the best SaaS founder communities where everyone takes care of each other.”
According to GaragePlug Co-founders Rohit Bhatnagar, Shubhra & Ashish Shrivastav, “Upekkha can help build the ecosystem which will make India the next Silicon Valley. Upekkha is a torch that shows you the path to success and points out the obstacles well in advance while empowering you to fight those obstacles. It can convert your auto to a Ferrari.”
Vivek Khandelwal, Founder of iZooto, affirms, “If you are a SaaS business operating out of India and haven’t spoken to the monks at Upekkha, you’re missing out on something big.” Vishnu Rande, the founder of VideoKen, is of the same view – “Every minute spent with the Upekkha team, and the peer group of startups increases our conviction and confidence of helping our customers be successful and, in the process, grow to $1M in ARR and beyond.”
The Indian SaaS ecosystem is ready to take center stage in the global arena. Working towards materializing the trillion-dollar India SaaS opportunity, Upekkha supports early-stage startups to scale with the right growth metrics, the statement said.
Krish Subramanian of Chargebee feels that “The revenue flywheel model developed by Upekkha is exciting as many early-stage SaaS startups will gain the momentum to reach their first million dollars in revenue quickly with a deep focus on customer value.”
According to G2 Founder Godard Abel, “We at G2 love helping Indian SaaS vendors scale globally together with Upekkha. The Indian SaaS story is going to be a reality soon.”
