VC fund (Cat II) · SEBI registry
Activate Platform Fund
Early stage (Pre-Series A) · Deep Tech (AI/ML/Robotics) · Mumbai
At a glance
- Stage focus
- Early stage (Pre-Series A)
- Primary sector
- Deep Tech (AI/ML/Robotics)
- City
- Mumbai
- HQ / office
- Mumbai (Andheri West), Maharashtra; operates across the India-US corridor
- Fund registered
- 2025
- Investments on record
- 15
- Corpus (as reported)
- ~$75M target fund size (2025, per press; not disclosed on official site)
- Website
- www.activatevc.ai/
About
Activate is an AI-focused venture platform founded by Aakrit Vaish (co-founder/ex-CEO of Haptik, acquired by Reliance Jio; former IndiaAI Mission advisor) and Pratyush Choudhury (ex-Together Fund). It backs deep-technical AI founders at the earliest stage. Named LPs include Vinod Khosla, General Catalyst, Aravind Srinivas (Perplexity), Vijay Shekhar Sharma and others.
Investment focus
Inception / pre-incorporation to early stage; AI-native startups — AI applications, infrastructure tooling, foundation models, accelerated compute and physical infrastructure across consumer, prosumer and enterprise. Cheque size ~$500K-$3M.
Cheque size
USD 500K - 3M (approx INR 4-25 Cr) per cheque, inception/early-stage
As compiled from public sources — verify with the investor.
SEBI registration
SEBI AIF Category II — reported as “Cat II”
- IN/AIF2/25-26/1976
SIDBI Fund of Funds
None found
Notable portfolio
Composio; Park+; RapidClaims; Sri Mandir; Smallest AI; Seekho; Eka Care; Spendflo
Team & organisation
2 partners (Aakrit Vaish, ex-Haptik CEO; Pratyush Choudhury, ex-Together Fund)
AI-focused early-stage venture fund being set up as a SEBI Category II AIF (registration in progress at launch). HQ Mumbai (Andheri West). No official company LinkedIn page found — only founder profiles (linkedin.com/in/aakrit, linkedin.com/in/177pc); not recorded to avoid misattribution. LPs include General Catalyst, founders of Perplexity/Paytm/Dream11/Polygon/BrowserStack (private, not govt).
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Frequently asked
- What does Activate Platform Fund invest in?
- Inception / pre-incorporation to early stage; AI-native startups — AI applications, infrastructure tooling, foundation models, accelerated compute and physical infrastructure across consumer, prosumer and enterprise. Cheque size ~$500K-$3M.
- What cheque size does Activate Platform Fund write?
- As compiled from public sources: USD 500K - 3M (approx INR 4-25 Cr) per cheque, inception/early-stage
- How do I pitch Activate Platform Fund through iHub India?
- Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.
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About this record
Compiled from SEBI registrations and public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.
Sources: https://www.activatevc.ai/; https://inc42.com/buzz/ex-haptik-ceo-launches-ai-focussed-vc-fund-activate/