Firms

Activate

Activate

Mumbai, India

activatevc.ai

Invests in and helps build AI companies connected to India, from inception through growth. Its early-stage strategy backs sovereign AI models and infrastructure, AI-driven services, and consumer applications, typically investing USD 500,000–3 million in a first institutional round. It also makes global growth investments and connects founders with researchers, enterprise customers, technology partners and India’s AI community. The USD 105 million investment platform announced in September 2026 comprises an USD 85 million early-stage fund and USD 20 million deployed through separate growth-stage vehicles.

Founded
2025
Type
Venture capital

Funds1

  • Activate debut early-stage fund$85M

    Final close of Activate’s maiden early-stage AI fund, reported September 16, 2026, following a first close in December 2025. Invests from inception in AI companies connected to India. The reported USD 105 million platform total also includes USD 20 million deployed through dedicated growth-stage vehicles, whose individual names and sizes were not disclosed; that growth capital is excluded from this fund’s USD 85 million amount. The fund name here is descriptive because the announcement does not give a formal legal vehicle name.

Team

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Soaib Grewal

Activate, Partner and Head of Ecosystem

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Operations and support

Aman AgrawalTeam Member
Amritansh ChauhanTeam Member
Lizella MaumkelTeam Member
Neha MouryaTeam Member

Co-investing

8VC
Aaron Gordon
Acrew Capital
Alex Caruso
Alex Kolicich

Investments