Former Kae Capital partner Natasha Malpani has launched Boundless Ventures, an early-stage fund with a Rs 200 crore corpus, to back AI-native startups from India.
The fund will write pre-seed and seed cheques for companies building across the AI space, including consumer applications, infrastructure, agent tooling, vertical use cases in healthcare and logistics, and make-in-India hardware.
The fund, raised from Malpani's personal network, including friends and family, has already backed six startups, including healthcare startup SuperHealth, robotics firm Armatrix, spacetech startup Piersight, quick fashion delivery startup Knot, and two stealth ventures in AI infrastructure and consumer AI.
"We’re at an inflection point where AI is moving from experiments to infrastructure, and the next decade will be defined by the teams who can turn raw capability into enduring systems and categories," Malpani said, adding that India has the advantage of talent density and digital rails to build global AI companies.
Malpani, who left Kae Capital earlier this year, added that Boundless Ventures is offering not just capital but also storytelling and network support to founders.
Apart from investing, she has previously founded media company Boundless Media, and scaled Dice Media.
As reported by ET on August 12, Indian generative AI startups raised $524 million in the first seven months of 2025, the highest fundraise in five years, as investors stepped up bets on artificial intelligence in the country.
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The fund, raised from Malpani's personal network, including friends and family, has already backed six startups, including healthcare startup SuperHealth, robotics firm Armatrix, spacetech startup Piersight, quick fashion delivery startup Knot, and two stealth ventures in AI infrastructure and consumer AI.
"We’re at an inflection point where AI is moving from experiments to infrastructure, and the next decade will be defined by the teams who can turn raw capability into enduring systems and categories," Malpani said, adding that India has the advantage of talent density and digital rails to build global AI companies.
Malpani, who left Kae Capital earlier this year, added that Boundless Ventures is offering not just capital but also storytelling and network support to founders.
Apart from investing, she has previously founded media company Boundless Media, and scaled Dice Media.
As reported by ET on August 12, Indian generative AI startups raised $524 million in the first seven months of 2025, the highest fundraise in five years, as investors stepped up bets on artificial intelligence in the country.
