Stellaris Venture Partners

Stellaris Venture Partners is a prominent Indian early-stage venture capital firm headquartered in Bangalore (Bengaluru), Karnataka, India, investing in seed and Series A rounds of Indian technology firms. The firm was founded in 2016 by Managing Partners Ritesh Banglani, Rahul Chowdhri (both previously at Helion Venture Partners, the earlier-generation Indian-U.S. cross-border VC), and Alok Goyal (previously at SAP-Concur and Helion). Stellaris invests across online consumer / consumer internet, Software-as-a-Service (SaaS), fintech, direct-to-consumer (DTC) consumer brands, and adjacent Indian-market technology themes, typically writing initial check sizes in the USD 1 to 5 million range at seed and Series A stages. The firm has raised multiple institutional funds (Stellaris Fund I at USD 90 million in 2018, Stellaris Fund II at USD 225 million in 2021, Stellaris Fund III in 2024) with aggregate AUM exceeding USD 500 million+ across vintages, and is regulated by the Securities and Exchange Board of India (SEBI) as a Category-I Alternative Investment Fund. Notable portfolio companies include Mamaearth (Honasa Consumer, NSE: HONASA, IPO 2023), Slintel (acquired by 6sense), Loadshare Networks, Kratikal, Whatfix, and many other leading Indian technology companies.