Early growth fund research profile
Cornerstone Ventures is an India enterprise-technology investor focused on early-growth B2B software and SaaS businesses. The manager’s Fund II targets next-generation enterprise technology, including software, value-share models, Web3 infrastructure and carbon-neutral enterprise solutions.
At a glance
Research profile
Open a section to inspect the evidence. The first view starts with the investment point of view; the rest stays quiet until you need it.
Investment lens
Cornerstone Ventures uses a early growth approach across Enterprise SaaS, B2B software, deep-tech infrastructure.
Current evidence
Cornerstone’s current team page names Rajiv Vaishnav and Abhishek Prasad as Managing Partners and reports 21 Fund I portfolio companies. Its official press archive records the 2024 launch of Fund II with a $200M corpus/target, while portfolio pages identify OfBusiness, Mystifly, Blubirch, NewSpace, Novio and ManageArtworks.
Strategy
Early growth
Sector focus
Enterprise SaaS, B2B software, deep-tech infrastructure
AIF structure context
Indian venture capital and angel-fund strategies are commonly structured as Category I AIFs. Verify the specific vehicle and registration before investing.
Current signal
Cornerstone’s current team page names Rajiv Vaishnav and Abhishek Prasad as Managing Partners and reports 21 Fund I portfolio companies. Its official press archive records the 2024 launch of Fund II with a $200M corpus/target, while portfolio pages identify OfBusiness, Mystifly, Blubirch, NewSpace, Novio and ManageArtworks.
Investor questions
Cornerstone Ventures is covered in Rupeia's venture capital research universe. The current public record describes the strategy as Early growth, with a sector focus of Enterprise SaaS, B2B software, deep-tech infrastructure. The profile should be read with the linked source trail and Typical route: Category I AIF context.
The profile displays only company or asset names attributable to Cornerstone Ventures in the reviewed public sources: OfBusiness, Mystifly, Blubirch, NewSpace, Novio, ManageArtworks. It does not represent a complete current portfolio unless the manager has published one.
Cornerstone’s current team page reports 21 Fund I portfolio companies and says Fund II launched in 2024. Official portfolio pages identify OfBusiness, Mystifly, Blubirch, NewSpace, Novio and ManageArtworks; fund-level returns are not publicly disclosed. These signals are not a substitute for fund- and vintage-specific net performance, realised distributions and audited or administrator-supported reporting.
Public fund size: Fund I was established with a $50M corpus; Fund II launched in 2024 with a $200M target, with approximately $100M AUM reported on the current manager page.. Public terms or access information: Early-growth enterprise technology, generally Series A/B, with a concentrated portfolio and follow-on support; current cheque sizes and ownership targets are not publicly disclosed.. Current fees, minimum commitment and availability must be confirmed for the exact named vehicle in its fund documents.
The current source record names Rajiv Vaishnav (Managing Partner); Abhishek Prasad (Managing Partner); Nanika Kakkar (Partner); Vatsal Bavishi (Partner). Verify current roles, departures, attribution and key-person provisions before relying on the team history for a new commitment.
Review stage concentration, follow-on reserves, company failure rates, dilution, exit timing and the gap between paper valuations and realised distributions. The current open diligence point is: Final Fund II close and fund-level return metrics are not publicly disclosed; current manager, team and portfolio evidence are attributable..
2024-05-21: Cornerstone’s current team page names Rajiv Vaishnav and Abhishek Prasad as Managing Partners and reports 21 Fund I portfolio companies. Its official press archive records the 2024 launch of Fund II with a $200M corpus/target, while portfolio pages identify OfBusiness, Mystifly, Blubirch, NewSpace, Novio and ManageArtworks.
Next step
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