The $500m Innovation Fund formed by Infosys will make its second investment in a venture capital fund, providing up to $15m for India-based Stellaris Venture Partners.
IT services provider Infosys has entered discussions to invest up to $15m in India-based venture capital fund Stellaris Venture Partners, the Economic Times has reported, citing four people aware of the development.
Stellaris is targeting a final corpus of $100m for the fund and is targeting local and international investors as limited partners. It was formed by Alok Goyal, Rahul Chowdhri and Ritesh Bangalani, all ex-partners of venture capital firm Helion Venture Partners.
Infosys will provide the cash through its…
