Stellaris Venture Partners has successfully closed its $300 million Fund III, aiming to invest in 25-30 startups over the next 3-4 years, reflecting renewed confidence in India's startup ecosystem. The fund attracted both repeat and new investments from global entities, including university endowments and pension funds. Stellaris, founded by former Helion Ventures partners, now manages over $600 million in assets, focusing on AI, SaaS, and fintech sectors.