Stellaris Venture Partners

Fantastic dinner last night with a small group of founders and VCs. Some memorable zingers: -Founders never fail; businesses do -I'm vegan, but i love eating eggs -I have learnt the difference between a "scanned signature" and "scan of a signature" -Mahadevpura is not Whitefield (indignantly) -Parent whatsapp groups are apartment whatsapp groups on steroids -It will cost only $100M to bring the world's best AI researchers to India and give them their own lab -The best career prospect in my small town is to join a political party All in all, a highly enjoyable and insightful evening! Clockwise from left: Tarun Mehta, Joylita Saldanha, Abhishek Bansal, Ganesh Krishnan, Deepak Shenoy, me, Kanika Mayar, Aishwarya Makkar. Missing from pic: Vivekananda Hallekere, Aakrit Vaish

Over the past few months, I’ve been on a bit of a deep dive into the world of lab-grown diamonds. I spoke to couples choosing LGDs for their engagement rings, jewelers trying to decide how much shelf space to give them, and manufacturers running massive reactors to grow them at scale. Everyone had a slightly different reason - cost, ethics, quality, or simply because they could. What struck me was how quickly this category is shifting from “alternative” to “mainstream,” and how India is at the heart of that transformation. In this episode of The 2030 Consumer, I sat down with Rahul Chowdhri to unpack: •⁠ ⁠Why Indian consumers are adopting LGDs faster than many global peers •⁠ ⁠How the industry manages 50–60% gross margins while prices fall •⁠ ⁠What’s behind the jump from 1.5M to over 6M carats in production capacity •⁠ ⁠And whether India can create a truly global LGD brand from scratch For me, this conversation was about much more than diamonds - it’s a glimpse into how technology, consumer behavior, and global trade are rewriting the rules of a centuries-old industry. 🎧 Tune in here: https://lnkd.in/g2-HtziK Would love to hear your thoughts and feedback in the comments! Stellaris Venture Partners

Mr. & Mrs Bajaj’s experience reaffirms our belief in the problem we are solving at Truva. They had been selling their home in Hiranandani Solitaire for a couple of years when they were introduced to Truva. We are deeply grateful they trusted us with something as big as selling a home. That trust drives everything we do. Hearing how smooth their experience was, right from staging, managing buyer visits, handling paperwork and getting a good deal, reminded us why customer experience is at the core of our values. It is moments like these that keep fueling our passion for making the process of selling a home genuinely stress-free. Listen to their honest experience working with us below. Pratap Bajaj CSM LIDPM HMCT #RealEstate #HappyCustomers #Truva #Homes

𝐕𝐞𝐫𝐭𝐢𝐜𝐚𝐥 𝐐𝐮𝐢𝐜𝐤 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐞 𝐟𝐨𝐫 𝐏𝐡𝐚𝐫𝐦𝐚𝐜𝐲 Sharing my at-the-moment view on this topic, given that this is being discussed widely in several forums. I wonder if I am carrying a dated knowledge of the market and biases from my work experience at Practo, but I am struggling to see a market for Quick Commerce for Medicines. The way I look at the market is that there is of course the Hospital Market which is captive and unaddressable for a B2C platform. Then there is the chronic patients market but that market optimizes for value as opposed to speed. Given the pharmacy bills of a household can range from 1500 rupees to 5000 rupees monthly and are recurring in nature, value is foremost. I fully understand and am bullish on the play on Generics which try to reduce the bill size by recommending high quality generics from reputed pharma companies to reduce the bill size by as much as 50% to 80%, but I struggle to see why speed is of essence for this market.  Sure, if speed can be provided while not compromising on value, then absolutely the consumer will adopt, but I suspect there will be an inherent trade-off in value if one were to prioritize speed. Then comes the acute patient market or the episodic market, again where I struggle to find a value proposition for a quick commerce platform. This market is predominantly with players such as the attached pharmacy of the doctor or the nearby pharmacy of the doctor which pays the doctor an affiliate fee and most importantly ensures availability to whatever doctor prescribes and it's very very convenient to just very quickly buy the medicine post the physical visit to the doctor or the clinic. There are two markets potentially which might be amenable to quick commerce: The self-medication market wherein we don't go to a doctor to seek a prescription but we have a sense of the medicines that we want to consume, often OTC, and we want to just refill them. That indeed is amenable for quick commerce. The telemedicine market for acute conditions where a prescription has been issued to the patient digitally and there is no physical attached pharmacy. At least the patient can immediately get their medicines through a quick commerce platform. My contention is that the self-medication market is tiny and also suffers from low ASPs (bill sizes). The telemedicine market has struggled to attain a strong product-market fit and is tiny at the moment. The self-medication market for acute or episodic conditions also suffers from a low purchase frequency unlike the chronic patient market. Given the above, at least I don't see an opportunity for a large vertical player to come in for pharmacy in India. However, this is my current view and I'm happy to change my view with contradictory arguments. Would love to hear contradictory views as a part of comments. #IndianConsumer #VerticalQuickCommerce #QuickCommerce Stellaris Venture Partners

On the heels of yesterday’s Pre-Series A announcement, here’s a throwback to my conversation with OUTZIDR founders Nirmal, Mani, and Justin. We dive into OUTZIDR’s founding journey, their test-and-react model, Gen Z-driven fashion shifts, and what it takes to win in India’s fashion market. Watch the full episode: https://lnkd.in/gjgdKw-y Stellaris Venture Partners

From zero to Top 10. Across Play Store and App Store. 🚀 This journey has been anything but ordinary. When we started GoodScore, we had one mission: 👉 Make credit simple, transparent, and accessible for Bharat. No jargon. No judgment. Just real help. Fast forward to today… We’re proud to share that GoodScore is now among the Top 10 Finance Apps on both Google Play Store and Apple App Store in India. 🔥 This didn’t happen overnight — or with a big budget alone. It happened because we listened to our users. Built for their pain points. And stayed obsessed with trust, speed, and solving real problems. To everyone who’s been part of this journey — users, lenders, team, supporters — thank you. This is your win too. 🫶 And to the 90% of India still underserved by traditional finance? We’re just getting started. Top 10 today. Top 1 tomorrow. 💪 #Top10FinanceApp #GoodScore #FintechForBharat #CreditSimplified #2CroreDownloads #PlayStoreTop10 #AppStoreTop10 #BuiltForIndia #GoodScoreJourney #StartupMilestone

Outzidr started with a belief that fashion for young women in India could be faster, more expressive, and deeply connected to their everyday lives. In just a few months, we’ve seen this belief take shape through the love of our customers and the dedication of our power-packed, relentless team. With the support of RTP Global (Pavitra Gupta, Nishit Garg) and Stellaris Venture Partners (Mayank Jain, Rahul Chowdhri) through our ₹27 Crore (~$3.1M) pre-Series A round, we now have the resources to scale this vision further, from strengthening our foundations to taking our first steps into offline retail. Thank you to everyone who has been part of this journey so far. The best is yet to come OUTZIDR Nirmal Jain, Justin Mario

To me, diamonds have always been a strange category: part investment, part emotion, part display of status. But what happens when the core product, that is the diamond itself, can be manufactured at scale, with consistency, and at a fraction of the cost? In this episode of The 2030 Consumer, I sat down with Varun Agarwal to dig into: - What’s really driving LGD adoption among Indian consumers - How this segment manages 50–60% gross margins in a category known for thin spreads - What’s fueling the rapid scale-up in production from 1.5M to over 6M carats annually - And whether India can build a global LGD brand from scratch Tune in: https://lnkd.in/g2-HtziK For me, this conversation shifted how I think about jewelry, not just as a GMV line item, but as a category ripe for reinvention. Stellaris Venture Partners

Excited to share this milestone — Outzidr is now backed by RTP Global, in addition to the continued support from Stellaris Venture Partners - as part of our Pre-Series A round.  This isn’t just funding — it’s a belief in the vision, the team, and the culture we’re building. We have come a long way in the last few months as we continue our journey to become the most preferred "Going out wear" brand for Young women in India.  We have ambitious plans for Offline channel and this funding will help accelerate this journey. Deeply thankful to the RTP team (Pavitra Gupta, Nishit Garg, Shunyam Gupta) and Stellaris team (Rahul Chowdhri, Mayank Jain) for their belief in our vision and their partnership as we enter this next phase of growth. A heartfelt thank you to our customers for your constant love, to our suppliers, channel partners, and everyone involved for supporting us through this journey. We would not have been here - without your support. To the entire OUTZIDR team — This milestone belongs to you. Deeply thankful for showing up every single day, putting in immense hard work and pushing boundaries every step of the way. No shortcuts, no hype — just belief, hard work, and day ones 🙂 Onward and upward. Mani Kant Mani, Justin Mario