
India's Avataar raises $100m top-up fund

Avataar Ventures, an India-based enterprise software investor that spun out from Norwest Venture Partners in 2019, has raised a $100 million opportunities fund that will do follow-on rounds for existing portfolio companies and make some new investments.
Mohan Kumar, who previously spent eight years with Norwest, won support from HarbourVest Partners for a $300 million fund that acquired six assets from the Norwest India portfolio. There was additional...
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