Stellaris Venture Partners has successfully concluded its third fund at $300 million, with the goal of investing in 25-30 startups over the next 3-4 years. This demonstrates a renewed confidence in India's startup ecosystem after a challenging funding environment in the previous year.

The firm has received support from both existing limited partners and new global investors, including university endowments, foundations, pension funds, and notable Fund of Funds. With assets under management exceeding $600 million, Stellaris intends to concentrate its investments on startups in the AI, SaaS, and fintech sectors.

The firm was established by former partners of Helion Ventures—Ritesh Banglani, Alok Goyal, and Rahul Chowdhri—and its limited partners include major players such as Cisco, Infosys, and the World Bank’s International Finance Corporation.