After deferring IPO plan, Capillary bags $45 Mn funding from Avataar Ventures and its LPs
Shortpedia
Content Team
Image Credit: inc42
After postponing its IPO plan, Bengaluru-based SaaS startup Capillary Technologies has raised $45 Mn in a Series D funding round from Avataar Ventures and its limited partners (Pantheon, 57Stars, and Unigestion), Filter Capital, and Innoven Capital. In a statement, the startup said it will utilise the fresh funding to expand its global operations and for merger and acquisitions.
