Is Sequoia Capital Close To Investing In SaaS Startup Whatfix?

Is Sequoia Capital Close To Investing In SaaS Startup Whatfix?

SUMMARY

Whatfix could have a post-money valuation of $150 Mn, say media reports

Existing investors, Eight Roads Ventures, Stellaris Venture Partners and Cisco Investments, are also likely to participate in the round

Whatfix is a SaaS-based enterprise tech startup founded in 2013 by Khadim Batti and Vara Kumar Namburu

Venture capital firm Sequoia Capital is reportedly in talks with Bengaluru-based enterprise tech startup Whatfix to invest up to $30 Mn in a funding round, joined by the company’s existing investors.

Whatfix could have a post-money valuation of $150 Mn and existing investors, Eight Roads Ventures, Stellaris Venture Partners and Cisco Investments, are also likely to participate in the round, said a Livemint report, quoting unidentified sources.

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