Bangalore-based Venture Capital firm, Saama Capital India Advisors, has raised $100 Mn from three funds. The first round was raised as part of the Silicon Valley Bank and the subsequent rounds as part of Saama Valley.
It raised $54 Mn for its series A fund, $26 Mn in the second round and the rest for the partially closed third series.
Saama Capital team previously worked together at SVB India Capital Partners fund that started in 2006. They became an independent firm and Saama Capital was founded in 2012 by Ash Nilani and Suresh Shanmugham.
Related Article: VC Firm Saama Capital Raises $31 Mn For Third Fund
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