Haptik’s founder Aakrit Vaish, investor Pratyush Choudhury launch $75 million AI fund Activate

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Haptik cofounder Aakrit Vaish and former principal investor at Together Fund Pratyush Choudhury on Wednesday announced Activate, a new $75 million fund aimed at backing deep technical founders in India at the early stages, as per people in the know. The fund will invest $500,000 to $3 million in inception-stage startups, at the ideation level.

The fund has brought on board India and US-based names as limited partners ( sponsors of funds) including Indian-orgin billionaire Vinod Khosla (Kholsa Ventures), Aravind Srinivas (Preplexity), Ashish Vaswani…



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Haptik’s founder Aakrit Vaish, investor Pratyush Choudhury launch $75 million AI fund Activate



Haptik cofounder Aakrit Vaish and former principal investor at Together Fund Pratyush Choudhury on Wednesday announced Activate, a new $75 million fund aimed at backing deep technical founders in India at the early stages, as per people in the know. The fund will invest $500,000 to $3 million in inception-stage startups, at the ideation level.

The fund has brought on board India and US-based names as limited partners ( sponsors of funds) including Indian-orgin billionaire Vinod Khosla (Kholsa Ventures), Aravind Srinivas (Preplexity), Ashish Vaswani…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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