India’s Stellaris Venture Partners has raised US$300 million for its third investment fund, which will target early-stage startups in technology and tech-enabled sectors in the country.

Since its founding, Stellaris has invested in 44 startups through its first two funds.

60% of these investments were in early-stage companies. Noteworthy investments include Mamaearth, which recently went public, and Whatfix, a digital adoption platform that raised US$125 million in its series E round.