Boundless Ventures
Overview
Boundless Ventures is an early-stage venture capital platform based in Mumbai, India, aimed at investing in AI-native startups. Launched in 2025, the firm was founded by Natasha Malpani, a former partner at Kae Capital, and boasts a fund size of INR 200 crore. Focused on sectors that marry AI with consumer needs, systems, and identity, Boundless Ventures sets itself apart by providing funds for pre-seed and seed-stage innovations, particularly in AI, healthcare, industrial automation, and infrastructure.
Recent Developments
- August 18, 2025: Natasha Malpani announced the official launch of Boundless Ventures, along with a dedicated early-stage AI fund of INR 200 crore targeting AI-native startups in India.
- The fund will back startups in various sectors including consumer AI applications, agent tooling, healthcare, and logistics.
- The firm plans to back around 20-30 startups with initial investments of $200k-$400k each.
- Recent investments include healthcare service SuperHealth, industrial automation company Armatrix, and the spacetech venture Piersight.
- July 2025: The company is actively engaged in India's first indigenous commercial earth observation satellite constellation, with its portfolio company PierSight leading efforts related to Synthetic Aperture Radar (SAR) technology.
- Boundless Ventures aims to reshape the global AI investment ecosystem by focusing on innovative AI infrastructure, vertical AI applications, robotics, and deeptech solutions in India.
- The firm's strategic direction includes supporting startups that demonstrate strong technical moats and workflow depth.
- March 2025: India recorded the highest AI-focused fundraising activities in over five years, totaling $524 million by mid-2025, to which Boundless Ventures significantly contributed.
- April 2025: Boundless Ventures commenced advanced due diligence on several AI and next-generation consumer platform startups, indicating a robust pipeline and active investment strategy.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2025 |
| Headquarters | Mumbai, Maharashtra, India |
| Founders | Natasha Malpani |
| Revenue | Not disclosed |
| Profits | Not disclosed |
| Key Investors | Funded by Natasha Malpani's personal network |
| Industry | Venture Capital |
| Number of Employees | 2-10 |
Early History
Boundless Ventures was conceptualized by Natasha Malpani, who identified a vacuum in specialized VC funding for AI-native startups in India. The firm's founding aligned with Malpani's exit from Kae Capital, where she had spearheaded AI investments and innovations. Her background in managing funds for cutting-edge startups, coupled with her passion for technology and cultural storytelling, laid the foundation for Boundless Ventures. By raising INR 200 crore from her network, Malpani ensured that Boundless Ventures could immediately start investing in promising AI-driven companies. This initiative was designed to harness India's unique potential in contributing globally competitive AI solutions from its talent pool.
Company Profile and Achievements
Boundless Ventures employs a unique investment strategy focusing on technical depth combined with cultural fluency.
- Investment Focus: The company invests primarily in AI-native technologies spanning healthcare, logistics, consumer AI, Make-in-India hardware, and vertical applications.
- Strategic Investments: Notable portfolio companies like SuperHealth are revolutionizing healthcare delivery through AI infrastructures, while Armatrix advances industrial automation.
- Innovative Funding Model: The firm's investment strategy is streamlined through narrative development, market access, and an extensive network—guiding startups to articulate and dominate emerging market categories.
- Global Impact: The bold "from India, for the world" approach underscores Boundless Ventures' ambition to scale AI startups globally with sustainable business models.
- Key Figures: Natasha Malpani's leadership, backed by her operational expertise and creative vision, positions the firm as a leading entity in the AI investment sector.
Current Operations and Market Position
Currently, Boundless Ventures stands as a crucial player in the Indian venture capital landscape by exclusively targeting AI-native startups with scalable potential.
- Market Share: It serves as a cornerstone in AI-driven startup funding, contributing significantly to India's booming generative AI ecosystem.
- Business Model: By offering more than just capital, such as narrative guidance and expansive market networks, Boundless Ventures ensures robust ecosystem growth.
- Strategic Initiatives: The firm is actively engaged in fostering projects with dual-use applications in sectors like maritime and urban monitoring, solidifying its reputation in AI-driven innovation.
Conclusion
Boundless Ventures is a transformative player in the Indian AI startup ecosystem, adeptly bridging the gap between visionary founders and scalable global innovations. By focusing on investments that transcend technology into cultural agility, Boundless Ventures is strategically placed to influence India’s position in the global AI market. With forward-thinking leadership and a robust network, the company is poised to be a major catalyst in the technological and economic advancement of AI applications both locally and globally.