 "Tech In Asia")
Growth-stage venture capital and private equity firm Insight Venture Partners, an investor in several high-profile software-as-a-service (SaaS) companies like Shopify, NewRelic, and Wix, today revealed its first investment in India: subscription billing software-maker Chargebee.
The New York-based investor led Chargebee’s $18 million series C round of funding, in which existing investors Accel Partners and Tiger Global Management participated. Insight, which has raised over $18 billion in capital, has invested in more than 300 companies worldwide, including Hootsuite, Flipboard, Twitter, JD, and Alibaba. Chennai-based Chargebee caught its eye at the SaaStr conference in San Francisco a year ago.
Analysts from Insight
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