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India's tech start-ups to get $100-million boost with new Stellaris fund

Stellaris has made two series A investments already, reports Tech in Asia

Kylee McIntyre | Tech in Asia 

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Early-stage venture fund Stellaris Venture Partners has completed the first close of its $100 million maiden fund, it announced today. Contributions to the tech-focused firm’s Fund I come from corporates like Infosys, entrepreneurs, financial institutions, and family offices in the US, Europe, and Asia.

The fund – run by former Helion Venture Partners executives Ritesh Banglani, Alok Goyal and Rahul Chowdhri – will focus mostly on series A stage investments to tech business solving India-specific problems. Focus areas include local language online services, technology-led financial inclusion, supply chain networks, machine-learning applications, and global software-as-a-service (SaaS) businesses.

India's tech start-ups to get $100-million boost with new Stellaris fund

A helpful side effect of the investment money is the network built around it – over 50 entrepreneurs and business professionals in India and abroad – who will help identify investments, serve as advisors, and co-invest with the fun.

The network includes Taxiforsure co-founders Raghunandan G and Aprameya Radhakrishna, Indify founder Alok Mittal, Capillary Technologies founder Aneesh Reddy, Helion and Fireside Ventures founder Kanwaljit Singh, and Neeraj Agarwal, India head of the Boston Consulting Group.

Stellaris has made two series A investments already, including one in Wydr, a mobile marketplace for businesses.
This is an excerpt from Tech in Asia. You can read the full article here

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India's tech start-ups to get $100-million boost with new Stellaris fund

Stellaris has made two series A investments already, reports Tech in Asia

Stellaris has made two series A investments already, reports Tech in Asia
Early-stage venture fund Stellaris Venture Partners has completed the first close of its $100 million maiden fund, it announced today. Contributions to the tech-focused firm’s Fund I come from corporates like Infosys, entrepreneurs, financial institutions, and family offices in the US, Europe, and Asia.

The fund – run by former Helion Venture Partners executives Ritesh Banglani, Alok Goyal and Rahul Chowdhri – will focus mostly on series A stage investments to tech business solving India-specific problems. Focus areas include local language online services, technology-led financial inclusion, supply chain networks, machine-learning applications, and global software-as-a-service (SaaS) businesses.

India's tech start-ups to get $100-million boost with new Stellaris fund

A helpful side effect of the investment money is the network built around it – over 50 entrepreneurs and business professionals in India and abroad – who will help identify investments, serve as advisors, and co-invest with the fun.

The network includes Taxiforsure co-founders Raghunandan G and Aprameya Radhakrishna, Indify founder Alok Mittal, Capillary Technologies founder Aneesh Reddy, Helion and Fireside Ventures founder Kanwaljit Singh, and Neeraj Agarwal, India head of the Boston Consulting Group.

Stellaris has made two series A investments already, including one in Wydr, a mobile marketplace for businesses.
This is an excerpt from Tech in Asia. You can read the full article here

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Business Standard
177 22

India's tech start-ups to get $100-million boost with new Stellaris fund

Stellaris has made two series A investments already, reports Tech in Asia

Early-stage venture fund Stellaris Venture Partners has completed the first close of its $100 million maiden fund, it announced today. Contributions to the tech-focused firm’s Fund I come from corporates like Infosys, entrepreneurs, financial institutions, and family offices in the US, Europe, and Asia.

The fund – run by former Helion Venture Partners executives Ritesh Banglani, Alok Goyal and Rahul Chowdhri – will focus mostly on series A stage investments to tech business solving India-specific problems. Focus areas include local language online services, technology-led financial inclusion, supply chain networks, machine-learning applications, and global software-as-a-service (SaaS) businesses.

India's tech start-ups to get $100-million boost with new Stellaris fund

A helpful side effect of the investment money is the network built around it – over 50 entrepreneurs and business professionals in India and abroad – who will help identify investments, serve as advisors, and co-invest with the fun.

The network includes Taxiforsure co-founders Raghunandan G and Aprameya Radhakrishna, Indify founder Alok Mittal, Capillary Technologies founder Aneesh Reddy, Helion and Fireside Ventures founder Kanwaljit Singh, and Neeraj Agarwal, India head of the Boston Consulting Group.

Stellaris has made two series A investments already, including one in Wydr, a mobile marketplace for businesses.
This is an excerpt from Tech in Asia. You can read the full article here

image
Business Standard
177 22