Aakrit Vaish & Pratyush Choudhury Launch $75 Million AI Venture Fund
- Haptik’s Aakrit Vaish and investor Pratyush Choudhury roll out a $75 Million AI-focused fund
- Activate will invest $500K-$3 Million at very early stages, including ideation
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Strong global LP network to support founders with AI expertise and scaling
Aakrit Vaish, Co-founder of Haptik, and Pratyush Choudhury, former principal at Together Fund, have unveiled a new venture fund called Activate, aimed at accelerating the growth of early AI startups in India. The fund has secured $75 million and will focus on backing founders right from the idea stage.
Vaish announced the fund’s launch on X, highlighting its mission to support the next wave of AI innovation. Activate plans to write checks ranging from $500,000 to $3 million, targeting companies at inception to help them quickly build and test products.
The fund is supported by a global group of limited partners, including well-known AI and tech leaders such as Vinod Khosla (Khosla Ventures), Aravind Srinivas (Perplexity), Ashish Vaswani (Essential AI), Dhaval Shroff (Tesla AI), Manohar Paluri (Meta), Ramesh Raskar (MIT Media Lab), Shyamal Anadkat (OpenAI), and several others from Peak XV, Fractal, Paytm, and Columbia University. This network is expected to give founders access to hands-on guidance across AI research, infrastructure and global expansion.
Also Read: Yoodli Raises $40 Milllion to Boost AI Roleplay Learning
Activate’s investment approach is built on four pillars fast product iteration, deep technical strength, sharp product judgment and close founder support. The team has already begun deploying capital and has previously invested as angels in companies like Composio, Sri Mandir, Spry, ZuAI, Emergent, Park Plus, Rapidclaims and Spendflo.
Vaish earlier founded Haptik, later acquired by Reliance Jio in 2019. Choudhury brings experience from AWS and deep involvement in the GenAI ecosystem across Asia Pacific.
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