Fund News
Haptik co-founder Aakrit Vaish, Pratyush Choudhury launch $75-M fund to back AI startups
Entrackr Aakrit Vaish Pratyush Choudhury
Aakrit Vaish , co-founder of Haptik, and Pratyush Choudhury , former principal at Together Fund, have launched Activate , a venture fund with USD 75 million.The fund's limited partners include Vinod Khosla of Khosla Ventures, Aravind Srinivas of Perplexity, Ashish Vaswani of Essential AI, Dhaval Shroff from the Tesla AI team, Manohar Paluri of Meta, Ramesh Raskar of MIT Media Lab, Shyamal Anadkat of OpenAI, Shailendra Singh of Peak XV, Srikanth Velamakanni of Fractal, Vijay Shekhar Sharma of Paytm, and Vishal Misra of Columbia University.Activate plans to back early-stage AI founders in India, with investments ranging from USD 500,000 to USD 3 million in companies at inception, including those at the ideation stage.Before establishing Activate, Vaish and Choudhury had made angel investments in companies such as Composio, Sri Mandir, Spry, ZuAI, Emergent, Park Plus, Rapidclaims, and Spendflo. Vaish previously founded Haptik, which was acquired by Reliance Jio in 2019. Choudhury’s experience includes working at AWS and involvement in the GenAI community in the Asia Pacific region.
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