The novel coronavirus outbreak has pushed the entire world to witness a pandemic, circulating waves of panic across the globe. Due to uncertainty in business owing to the current scenario, businesses are slowing down bringing the growth of the economy to a halt. There has been a sudden slow-down of the economic activities at an…
Tag: software-as-a-service
Crestline invests additional $10mn in Riversand
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•Riversand, a leading software-as-a-service (SaaS) Master Data Management (MDM) provider, has received an additional funding of $10mn from Crestline Investors (Crestline). The company was founded by Upen Varanasi in 2001. In 2017, Crestline invested $35 million in Riversand in Series A round funding. The additional investment will be used to continue Riversand’s product innovation as…
Inventus Capital Partners raises close to $52 mn for third fund
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•India- and US-based firm, Inventus Capital Partners, has announced the final close of its third fund at $51.98 Mn. Inventus Capital raised its first fund of $51 million in 2009 and the second one closed with commitments of $106 million in January 2014, both of which had a focus on US and India. The fund…