Fund has raised $250,000 in pre-seed funding and $500,000 in early-stage investment. Infosys has previously also made LP bets by its $500-million startup fund, Infosys Innovation Fund. Currently, Infosys Innovation Fund is headed by Deepak Padaki. This fund till now has invested in two VC firms homegrown VC firm Stellaris Venture Partners and Silicon Valley-based early stage VC firm Vertex Ventures. The fund has also backed nine startups till now including CloudEndure, an Israeli startup that offers cloud migration and cloud-based disaster recovery software and a US-based company providing performance optimization solutions for athletes and sports teams, WHOOP Inc.
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