Pentathlon Ventures, an early-stage B2B SaaS-focused VC firm, announced the final close of its first fund, which has secured investments totalling Rs 76 crore. Pentathlon plans to invest in over 20 B2B SaaS startups in a year and make investments of between Rs 75 lakh and Rs 3 crore on an average.
The firm’s investment strategy is based on a fundamental, value-oriented approach. It invests in companies that have a proven product market fit, possess strong intellectual property, and display the potential for market disruption.
“We appreciate the confidence and trust our investors have shown in our team and strategy. Not to