Skip to content

Ex-Kae Capital Partner Natasha Malpani Floats INR 200 Cr AI-Focused Fund

[[{“value”:”

Former Kae Capital partner Natasha Malpani has launched Boundless Ventures, an early stage fund with INR 200 Cr earmarked for AI-native startups from India.

Malpani told Inc42 that the investment vehicle will back 20-30 startups, with cheque sizes ranging from $200-400K, while keeping reserves for follow-on investments.

Boundless has already invested in six companies, including healthcare delivery startup SuperHealth, last-mile industrial automation venture Armatrix, satellite-powered ocean intelligence platform Piersight, and AI-native fashion discovery and logistics startup Knot. 

Two additional bets are in stealth across AI infra and consumer applications.

“We are systematic and selective. Every investment is a bet on a founder’s ability to bend reality, not follow consensus,” Malpani said.

She added that India has a unique advantage with its talent density, digital rails, and ambition to build globally competitive companies from day one. But to stand out, founders need more than just technology.

At Kae Capital, Malpani led the GenAI thesis and worked closely with companies such as Knot, eXlens.ai, Grapevine/Round1, Supernova, BPR Hub and Fondant.

With this launch, Boundless joins a growing set of AI-focused venture funds in India, alongside Tenacity Ventures and Stellaris Venture Partners, among others.

An Inc42 report indicates that Indian VCs launched 23 funds totalling over $3.2 Bn in the first three months of 2025, with the trend continuing into the second quarter. This surge in funding activity reflects a positive outlook for the Indian startup ecosystem, especially considering the ongoing global economic uncertainties.

(The story will be updated soon)

The post Ex-Kae Capital Partner Natasha Malpani Floats INR 200 Cr AI-Focused Fund appeared first on Inc42 Media.

“}]] 

Read More  Latest Startup News From The Indian Startup Ecosystem – Inc42 Media