New rolling fund opens options for SaaS founders

New rolling fund opens options for SaaS founders
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Upekkha, which runs a fully remote SaaS (software-as-a-service) startup accelerator, is launching a “rolling fund" in the coming quarter. This is a concept pioneered by AngelList in the US this year as an alternative to the traditional venture capital (VC) model.
Upekkha is the first one from India to set up a rolling fund on AngelList. It has a subscription plan, where limited partners (LPs) make quarterly investments, rather than a lump sum. Think of it as the VC version of a systematic investment plan (SIP) or an equated monthly instalment.

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