Stellaris Venture Partners

Stellaris Venture Partners is a prominent India-focused venture capital firm, established in 2017 by a team of seasoned investors with prior experience at leading global VC firms like Accel and Lightspeed. Headquartered in Bangalore, the firm is dedicated to backing early-stage technology companies that are building innovative solutions for the Indian market and beyond. Stellaris primarily targets Seed and Series A investments, aiming to partner with ambitious founders from the nascent stages of their entrepreneurial journey.

The firm has demonstrated significant growth and commitment to the Indian startup ecosystem through its successive fundraises. Stellaris closed its maiden fund at $100 million in 2017, quickly establishing itself as a key player. This was followed by a successful second fund, which closed at $225 million in 2021, underscoring investor confidence in their strategy and the Indian tech landscape. Most recently, the firm announced its third fund, targeting $350 million, with a first close at $340 million in 2023, further solidifying its capacity to support a larger cohort of promising startups. Each fund typically aims to make 25 to 30 new investments, providing consistent capital deployment into the market.

Stellaris Venture Partners employs a sector-agnostic approach with a strong inclination towards B2B SaaS, FinTech, Healthcare, Supply Chain, and Consumer technology. The firm seeks out companies with strong product-market fit, scalable business models, and founders who possess deep domain expertise. Their typical initial check sizes range from $1 million to $10 million, allowing them to lead or co-lead early-stage rounds and provide substantial capital for growth. Stellaris is known for its hands-on approach, offering strategic guidance and operational support to its portfolio companies, which include notable names like Whatfix, Mamaearth, and Propelld, among others. Their focus remains on identifying and nurturing the next generation of Indian tech leaders.