Novastar Partners, an India-focused private markets investment platform, has invested an undisclosed amount in A Junior VC (AJVC), an early-stage venture capital fund founded by Aviral Bhatnagar.<\/p>\n
The investment is aimed at helping Novastar build a diversified portfolio of high-quality funds and businesses across India\u2019s private markets, with a focus on technology and tech-enabled businesses.<\/p>\n
According to Novastar, the investment will support AJVC\u2019s continued deployment across India\u2019s pre-seed ecosystem as the fund builds a platform for early-stage companies. It will also give Novastar exposure to companies at their earliest stages across sectors such as artificial intelligence, healthcare, deeptech, consumer technology and brands.<\/p>\n
With a corpus of around Rs 165 crore, AJVC has backed more than 35 companies and plans to invest in over 85 companies over the fund\u2019s life.<\/p>\n
Novastar Partners was founded by Dhruv Jhunjhunwala and focuses on investing in India\u2019s private markets. The firm invests in leading private equity and venture capital funds, alongside selective direct investments in private companies, particularly in technology and tech-enabled businesses.<\/p>\n
AJVC is an early-stage VC fund focused on pre-seed investments in India. The fund claims to have developed a programmatic, technology-driven approach to supporting startups from their inception.<\/p>\n
Disclaimer:<\/p>\n
Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investors here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Novastar Partners, an India-focused private markets investment platform, has invested an undisclosed amount in A Junior VC (AJVC),…\n","protected":false},"author":2,"featured_media":848592,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[358843,28,158],"class_list":["post-848591","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entrepreneurship","tag-ajvc","tag-business","tag-entrepreneurship"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/848591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=848591"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/848591\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/848592"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=848591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=848591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=848591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}