PROJECT

Projects

Summary of Investment Information

Project Number

44917

Company Name

STELLARIS VENTURE PARTNERS INDIA TRUST II

Date SPI Disclosed

Dec 21, 2020

Country

India

Region

South Asia

Projected Board Date

Apr 16, 2021

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

Jan 10, 2024

Department

Equity Portfolio Management

Industry

Funds

Previous Events

Approved : Apr 16, 2021
Signed : Apr 22, 2021
Invested : Sep 29, 2021

Sector

Venture Capital Fund

Project Description

 The proposed project is an equity investment of up to US$25 million in Stellaris Venture Partners India Trust II (“Fund”), a trust domiciled in India. The Fund focuses primarily on seed and series A investments in Indian technology-enabled companies and is targeting US$160 million in total commitments. The Fund plans to invest in 20-25 companies across healthcare, education, financial services, logistics, consumer internet and enterprise technology sectors.

Associated Advisory Engagement

                     

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation