August 19, 2025: Boundless VC, founded by ex-Kae Capital partner Natasha Malpani, aims to support early-stage AI startups in consumer, deeptech, healthcare, and logistics with narrative-led capital and hands-on backing.
A new ₹200 crore venture capital fund from Boundless Ventures is aiming to power India’s emerging generation of AI startups, with a strong focus on foundational technology, sector-specific innovation, and locally built hardware. The Boundless VC fund is designed to support early-stage founders building for global scale from day one.
Founded by Natasha Malpani, previously a venture partner at Kae Capital, Boundless Ventures is targeting pre-seed and seed-stage startups working on core AI infrastructure, vertical applications in healthcare and logistics, consumer-facing AI products, agent tooling, and deeptech hardware built in India.
Boundless VC Targets 100 Early-Stage AI Innovation Across Sectors
“India has a once-in-a-generation advantage, the talent density, digital infrastructure, and the ambition to build globally competitive companies,” said Malpani. “The AI era is shifting from experimental tools to essential infrastructure. The winners will be those who can build real systems, not just demos.”
The Boundless VC fund has already backed six startups across multiple AI use cases, including SuperHealth, Armatrix, Piersight, Knot, and two others still in stealth mode. Boundless Ventures’ approach combines capital with hands-on narrative support, helping founders position themselves early in emerging markets.
Malpani emphasizes that the fund’s thesis isn’t just about AI as a feature but as a core capability. The goal is to back teams building entirely new products, platforms, and categories rooted in AI from the ground up.
This move comes at a critical moment for India’s tech ecosystem. While global investment in AI continues to surge, Indian startups often face hurdles in securing early capital for deeptech, especially those building infrastructure or hardware-heavy solutions. Boundless Ventures aims to fill that gap by supporting companies that are tackling harder technical problems and aiming for long-term category creation.
The fund launch also aligns with broader national ambitions. The Indian government has committed to building strategic AI capabilities through initiatives like the National AI Mission and the planned IndiaAI Compute Capacity, which aims to provide access to 10,000+ GPUs through public-private partnerships.
By providing early capital and category-defining guidance, Boundless Ventures is betting on India’s ability to lead in building scalable, intelligent systems, not just as a consumer market, but as a global AI innovation hub.
