Haptik co-founder and Together Fund veteran launch $75 million Activate fund for Indian AI startups

Aakrit Vaish, co‑founder of conversational AI firm Haptik, and former Together Fund investor Pratyush Choudhury have launched Activate, a new fund targeting $75 million to back early‑stage Indian AI founders. The fund will invest $500,000 to $3 million in deep technical teams at or before company formation, with LPs including Vinod Khosla, Perplexity CEO Aravind Srinivas, Essential AI’s Ashish Vaswani, Tesla AI leaders, Meta AI executives, OpenAI staff and prominent Indian investors.