Stellaris Venture Partners has launched its third India-focused fund, raising $300 million, making it one of the fastest-growing early-stage firms in the region. Founded in 2017 by former Helion executives, Stellaris aims to invest in 25-30 startups across sectors including consumer technology and AI. The firm has successfully backed brands like Mamaearth and Whatfix, with Mamaearth already going public. Stellaris plans to maintain its focus on early-stage investments and build its investment team. The fund primarily attracted US dollar-denominated capital, reflecting growing international interest in India’s startup ecosystem.