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Synopsis
ChrysCapital, an Indian private equity firm, completed the investment in ProHance Analytics, a business-to-business software-as-a-service provider. Financial terms were not disclosed. "We see tremendous potential in ‘India for global SaaS’ given the large developer talent pool and higher adoption of cloud in global enterprises. ChrysCapital is excited to be partnering with an innovative and dynamic company for our inaugural investment in the SaaS sector," Rishabh Iyer, ChrysCapital Vice President.
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