Stellaris Venture Partners closes $300 million third fund, eyes AI, consumer & digital infrastructure startups

Views: 1570

Home Business News Startup News Stellaris Venture Partners closes $300 million third fund, eyes AI, consumer & digital infrastructure startups

Stellaris Venture Partners has successfully closed its third fund at $300 million. With the closing of this new fund, Stellaris now manages more than $600 million in assets. The firm plans to continue its strategic focus on backing early-stage technology companies, with plans to invest in 25-30 startups over the next three years.

Stellaris Venture Partners, a prominent venture capital firm known for its early-stage investments in high-growth startups, has successfully closed its third fund at $300 million.

In an interview with CNBC-TV18, Rahul Chowdhri, Partner at Stellaris Venture Partners, highlighted that the firm is particularly excited about three key investment themes for its third fund – AI driven startups, consumer businesses and firms related to India’s digital public infrastructure.

“AI as a theme is something that we have been extremely positive about. Even in our second fund, there have been multiple companies that are AI-first businesses. On the software side, we have a company like OrbitShift. On the consumer side, we have companies like Dashtoon. In healthcare, we have companies like Carpl and so on. So AI is one broad theme that both on the enterprise and the consumer side we stay excited about,” Chowdhri stated.

For the third fund, Stellaris will continue its core investment strategy of supporting early-stage companies, from seed to Series A. This approach has been central to the firm’s success over the last eight years. Chowdhri confirmed that Stellaris will maintain this focus moving forward, ensuring that the fund remains aligned with the firm’s long-term strategy.

Stellaris Venture Partners has supported the growth of major brands like Mamaearth and Whatfix in its previous funds.

With the closing of this new fund, Stellaris now manages more than $600 million in assets. The firm plans to continue its strategic focus on backing early-stage technology companies, with plans to invest in 25-30 startups over the next three years.

In a separate development, Bengaluru-based rapid food-delivery startup, Swish, has successfully raised $2 million in a seed funding round led by Accel. This investment will enable the company to accelerate its growth, expand its footprint, and further scale its rapid-delivery model.

By March 2025, the … Read More