Seed to Series A (up to $10M entry) fund research profile
Stellaris Venture Partners is an India-focused early-stage investor backing technology and technology-enabled businesses from idea and seed through Series A. Its strategy is specialist-led across consumer tech, fintech, software, healthcare, AI and sustainability.
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
Stellaris Venture Partners uses a seed to series a (up to $10m entry) approach across SaaS, fintech, consumer, AI.
Current evidence
Stellaris said it was deploying its $300M Fund III across consumer, AI and deeptech, with a plan to back at least 30 companies; named positions include Mamaearth, Dashverse, Zouk, Turno and CARPL.ai.
Strategy
Seed to Series A (up to $10M entry)
Sector focus
SaaS, fintech, consumer, AI
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
Stellaris said it was deploying its $300M Fund III across consumer, AI and deeptech, with a plan to back at least 30 companies; named positions include Mamaearth, Dashverse, Zouk, Turno and CARPL.ai.
Investor questions
Stellaris Venture Partners is covered in Rupeia's venture capital research universe. The current public record describes the strategy as Seed to Series A (up to $10M entry), with a sector focus of SaaS, fintech, consumer, AI. 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 Stellaris Venture Partners in the reviewed public sources: Mamaearth, Whatfix, Slintel, Turno, Kiwi, CARPL.ai, Zouk, Nestasia, Dashverse, PlatinumRx. It does not represent a complete current portfolio unless the manager has published one.
Stellaris closed Fund III at $300M and reported more than $600M in assets under management. Public materials identify Mamaearth’s IPO and Slintel’s acquisition by 6sense as notable outcomes; these are portfolio-level events, not a published fund IRR. These signals are not a substitute for fund- and vintage-specific net performance, realised distributions and audited or administrator-supported reporting.
Public fund size: $300M Fund III closed in November 2024; the manager reports more than $600M AUM, following a $90M first fund and $225M second fund.. Public terms or access information: Early-stage investing, including idea and seed opportunities, with a maximum ticket of approximately $10M for Fund III and a plan to back 25–30 startups over three years.. Current fees, minimum commitment and availability must be confirmed for the exact named vehicle in its fund documents.
The current source record names Ritesh Banglani, Alok Goyal, Rahul Chowdhri (ex-Helion). 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: Fund III size direct confirmation; fintech book detail.
2025-09-17: Stellaris said it was deploying its $300M Fund III across consumer, AI and deeptech, with a plan to back at least 30 companies; named positions include Mamaearth, Dashverse, Zouk, Turno and CARPL.ai.
Next step
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