Bengaluru-based venture capital firm Stellaris Venture Partners has closed its third India-dedicated fund, raising $300 million, increasing its total assets under management to over $600 million. The fund will support 25-30 early-stage startups in technology and technology-enabled sectors, focusing on seed and Series A rounds.
Since its founding in 2017, Stellaris has backed 44 startups, including Mamaearth , which went public last year, and Whatfix, which raised $125 million in Series E funding. Recent investments include EV financing startup Turno, credit-on-UPI provider Kiwi, and AI SaaS companies OrbitShift.AI and CARPL - Radiology AI Platform.
The firm has strengthened its team with key appointments, including promoting Naman Lahoty to Partner, appointing Chetan GMS as CFO, Preseedha Premnath as General Counsel, and Vardhan Dharnidharka as Investment Principal. Stellaris aims to leverage its expertise and global networks to support India’s growing startup ecosystem. #StellarisVenturePartners #VentureCapital #StartupFunding #IndianStartups #SeriesAFunding #Innovation #Entrepreneurship #StartupEcosystem #AI #SaaS #ConsumerTech #FinancialServices #StartupGrowth
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