Haptik’s founder Aakrit Vaish, investor Pratyush Choudhury launch $75 million AI fund Activate

Haptik cofounder Aakrit Vaish and former principal investor at Together Fund Pratyush Choudhury on Wednesday announced Activate, a new $75 million fund aimed at backing deep technical founders in India at the early stages, as per people in the know. The fund will invest $500,000 to $3 million in inception-stage startups, at the ideation level.

The fund has brought on board India and US-based names as limited partners ( sponsors of funds) including Indian-orgin billionaire Vinod Khosla (Kholsa Ventures), Aravind Srinivas (Preplexity), Ashish Vaswani…