Sri Capital invests $2.3 million in three SaaS startups

HYDERABAD: SRI Capital, a Hyderabad and Philadelphia-based investment firm founded by serial entrepreneur Sashi Reddi, has announced that it invested a total of $2.3 million in three SaaS (Software as a Service) startups -- WorkApps, Yellowdig and Zuppler.

Reddi, Managing Partner of SRI Capital, would join the Boards of all three companies, it said in a statement.

WorkApps is an enterprise workflow software, Yellowdig an innovative learning management software, while Zuppler is an online ordering platform for restaurants, it said.

SRI Capital now has a total of 15 SaaS startups in its portfolio.