InvestorTransforming businesses for long-term success.
Novastar Partners
Novastar Partners is a Mumbai-based fund-of-funds that invests in India's private equity and venture capital landscape, focusing on top-tier fund managers and selective direct investments in standout companies. The firm emphasizes technology-driven sectors and aims to provide diversified access to India's evolving private markets.
Online destinations
Find Novastar Partners online
Where to find this organization online, grouped by who runs each page. A link here does not mean the organization controls it.
Official links
Pages the organization runs itself.
Overview
Novastar Partners is a private equity fund-of-funds based in Mumbai, India. Founded by Dhruv Jhunjhunwala, the organization aims to provide access to India's private markets by backing top-tier fund managers and companies. Novastar focuses on multi-strategy diversification across various company stages and sectors, particularly in technology-driven areas such as software, artificial intelligence, consumer technology, and financial services. The firm engages in opportunistic direct investments in standout portfolio companies, complementing its primary strategy of investing in private equity funds. With a target corpus of Rs 350 crore, Novastar is positioned to play a significant role in shaping the next generation of market leaders in India.
Focus
Novastar Partners invests in private equity funds and companies within India, emphasizing diversification across various company stages, sectors, and themes. The organization partners with top-performing managers and seeks to make selective direct investments in standout companies, ensuring a robust portfolio that reflects the dynamic landscape of India's economy.
Support
Novastar Partners adds value to its portfolio companies by leveraging its extensive network and expertise in the Indian private market. The firm focuses on strategic partnerships with top-tier fund managers, ensuring that its portfolio companies benefit from industry insights, operational support, and access to capital, thereby enhancing their growth potential.
Questions
What are Novastar Partners' investment criteria?
Novastar Partners focuses on investing in private equity funds and companies within India, emphasizing multi-strategy diversification across various stages and sectors. They look for high-potential opportunities that align with their investment thesis.
How can I pitch to Novastar Partners?
Founders can reach out to Novastar Partners via email at dhruv@novastarpartners.com. A well-prepared pitch deck that outlines the business model, market opportunity, and team background is essential.
What makes Novastar Partners different from other investors?
Novastar Partners distinguishes itself by focusing on multi-strategy diversification and backing top-tier fund managers while also engaging in direct investments in standout companies. This dual approach allows them to leverage a broader range of opportunities.
What is the geographic scope of Novastar Partners' investments?
The firm primarily invests in India, targeting various sectors that are shaping the country's new economy.
What is the typical check size for investments?
While specific check sizes are not disclosed, Novastar Partners invests across a range of stages, from pre-seed to growth equity, indicating flexibility in their investment amounts.
What kind of post-investment involvement does Novastar Partners have?
Novastar Partners typically engages with their portfolio companies through strategic guidance and support, leveraging their network and expertise to help drive growth.
Check your startup’s fit
Check your startup’s fit with Novastar PartnersSimilar investors
Organizations that do similar work to Novastar Partners.
Investor
InvestorFounders Fund is a venture capital firm based in the United States, founded in 2005. It invests in technology companies across various sectors and stages.
InvestorEmpowering Italian businesses for global success.
InvestorIMM Investment Corp. is a multi-asset alternative investment firm based in Seoul, South Korea, focusing on venture capital, growth equity, and infrastructure. It manages approximately $7 billion in assets and operates across multiple Asian markets.
Superscout Pro
Find faster. Show up verified. Keep your deals private.
$99a year, or $12 a month
Get Pro- Search that narrowsInvestors, programs, accelerators, incubators and studios, by stage, sector and place.
- A verified profileThe people you reach know you are who you say you are.
- A private deal vaultThe startups you are watching, with your notes and your reasons. Nobody else's eyes.
Is this page right?Reviewed · How the research works