The fund has made three new investments so far, including in Rate Gain and SenseHQ, and has set up a Saas platform called Heal.
“We have raised add-on capital from our existing as well as new investors (LPs),” said Mohan Kumar, co-founder of Avataar Venture Partners, in an exclusive chat with The Economic Times.
Kumar, a former partner at Norwest Venture Partners, and Nishant Rao, the former chief operating officer at Chennai-based SaaS firm…