Boundless Ventures: A Mumbai Fund Founded by Natasha Malpani
Boundless Ventures is a Mumbai-based AI-native venture capital firm founded by Natasha Malpani, previously of Kae Capital, and publicly launched in August 2025. The firm writes first checks of $200,000 to $400,000 for India-rooted founders building AI infrastructure, autonomous hardware, and deep tech, backed by a Rs 200 crore (about $24 million) fund. Confirmed portfolio companies include SuperHealth, PierSight, and Knot.
Overview
Boundless Ventures is an AI-native venture capital firm based in Mumbai. Natasha Malpani founded the firm and publicly launched it in August 2025. She previously worked as an investor at Kae Capital. The firm backs India-rooted founders building globally defensible companies. Its thesis spans AI infrastructure, autonomous hardware, culture-driven consumer products, and deep tech. Malpani also connects the firm's network across San Francisco and London.
Investment Focus and Stage
Boundless Ventures writes its first institutional check between $200,000 and $400,000. It reserves capital to double down in later follow-on rounds. The firm targets a portfolio of twenty to thirty startups over time. It backs founders working on foundational AI models, robotics, and vertical AI. Healthtech, edtech, and fintech applications of AI also fit its scope.
Fund Size and Portfolio
Boundless Ventures launched with a fund of Rs 200 crore, about $24 million. The firm had closed six investments by August 2025, growing to eight by December. SuperHealth, PierSight, and Knot all count among its confirmed investments. Armatrix and glide also sit within its wider portfolio. Knot separately raised $3 million in a pre-series A round backed by the firm.
Leadership
Natasha Malpani founded Boundless Ventures and leads the firm today. She built her venture background at Kae Capital before this launch. Her interests span investing, science, and storytelling within a single thesis. Malpani brings a multidisciplinary lens to evaluating early-stage founders. She continues to run the firm as its founder from Mumbai.