Neon, a $25M fund dedicated to accelerating the growth of B2B SaaS companies globally, appointed Gagan Josan as General Partner this week. With a decade of leadership experience spanning across SaaS entrepreneurship and sales, Josan’s addition fortifies Neon Fund’s commitment to its mission to help portfolio companies get to $10 million in annual recurring revenue (ARR).
Prior to Neon, Josan founded Nittio Learn, an enterprise SaaS company in the learning management space. After its acquisition by Whatfix, he served as Head of Sales – Industry Solutions, scaling the business exponentially in the US and Europe. His past experience also includes product leadership roles at Amazon and Nokia Networks.
“I am thrilled to have Gagan on our team. His entrepreneurship and go-to-market experience and expertise will be a massive value addition to our portfolio founders, while we continue to deliver exceptional results for our investors,”said Managing Partner Siddhartha Ahluwalia. “We’re doing two things at Neon – building the best SaaS portfolio out of India and actively working with our portfolio founders to help them scale fast. With Gagan coming in, we are bolstering our capabilities in both these areas,”
Josan’s appointment closely follows Neon Fund’s announcement of their third fund, worth $25 million.
“The India SaaS story is just getting started. The next two decades will see unprecedented growth,” said Josan. “I was pulled towards Neon by their refreshing approach toward early-stage investments – not only working with the best SaaS startups across the country, but going above and beyond to help accelerate their journey to USD 10 million ARR.”
“Having Gagan’s support in our global expansion has been invaluable. His insights into the US market have helped us in refining our GTM,” said Vivek K, founder of iZooto and an LP in the Neon Fund. “I am confident that his contributions will further propel Neon Fund’s portfolio companies.”