Novastar Partners Backs Pre-Seed Stage Focused VC Firm AJVC

by · Inc42

SUMMARY

  • Novastar made its maiden investment in AJVC due to its tech-led sourcing infrastructure, its investment strategy, and founder Aviral Bhatnagar’s network
  • Novastar aims to offer its LPs exposure to private market investment opportunities in India by backing leading VC funds, as well as making direct investments in tech and tech-enabled startups
  • The investment firm focuses on sectors like AI, consumer tech, financial services, healthcare, and deep tech, planning to allocate around 15% of its capital to early-stage strategies while directing the majority toward growth-stage strategies