1. Infosys invests Rs 31.6 cr in VC fund Stellaris Venture Partners

Infosys invests Rs 31.6 cr in VC fund Stellaris Venture Partners

Infosys has announced an investment of R31.6 crore in Stellaris Venture Partners, an India-based early stage venture fund.

By: | Bengaluru | Published: November 24, 2016 6:26 AM
Infosys Infosys has announced an investment of R31.6 crore in Stellaris Venture Partners, an India-based early stage venture fund. (Reuters)

This investment from its innovation fund, will help Stellaris back entrepreneurs building applications for global businesses, SMBs and consumers in verticals such as financial services, retail, healthcare and education.

Stellaris had earlier invested in Taxisforsure, Bigbasket, Simplilearn etc.

“With this investment we look forward to gaining early access to innovative new companies in India that are inventing the future of enterprises globally,” said Ritika Suri, executive vice president & global head of corporate development & ventures at Infosys.

Stellaris Venture is an early stage, technology focused venture capital firm with offices in Bangalore and Delhi NCR. Alok Goyal, Rahul Chowdhri and Ritesh Banglani, the founding partners of the firm.

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