SaaS focused Pentathlon Ventures launches $54-M Fund II

Pentathlon Ventures, which invests in early-stage business-to-business software-as-a-service startups, has launched its second fund with a target corpus of INR 450 crore (about USD 54.4 million). From the new fund, the venture capital firm aims to invest in 25 B2B SaaS startups across enterprise digital transformation, e-commerce enablement, fintech, vertical SaaS, applied AI, sustainable tech and health-tech.