Pavestone VC
Pavestone VC took part in 2 disclosed rounds in Indian startups in 2026 (1 as lead), most often Series A rounds in AI & Deep Tech; its latest was Bellatrix Aerospace on 27 March 2026.
About Pavestone VC
Pavestone VC has backed Indian startups that StopDown covered, listed below.
Deals in 2026
| Date | Company | Round | Amount | Role | Co-investors | Story |
|---|---|---|---|---|---|---|
| 27 March 2026 | BABellatrix Aerospace | Pre-Series B | $20 Mn | Participant | Cactus Partners, Hero Investment Office, 35 North Ventures, Indusbridge Ventures, Monarch Holdings, Inflexor Ventures +3 | Story |
| 18 March 2026 | AE Aerchain | Series A | $13M (₹118 Cr) | Lead | IndiaMART | Story |
Stage and sector mix
Disclosed rounds Pavestone VC took part in, by stage and by sector.
| Stage | 2026 | 2025 |
|---|---|---|
| Series A | 2 | 0 |
| Sector | 2026 | 2025 |
|---|---|---|
| AI & Deep Tech | 1 | 0 |
| Enterprise Software & IT | 1 | 0 |
Frequent co-investors
| Investor | Rounds together |
|---|---|
| 35 North Ventures | 1 |
| Cactus Partners | 1 |
| growX Ventures | 1 |
| Hero Investment Office | 1 |
| IndiaMART | 1 |
| Indusbridge Ventures | 1 |
| Inflexor Ventures | 1 |
| Monarch Holdings | 1 |
Indian portfolio
- AEAerchainEnterprise Software & IT · in at Series A · 2026 · Led
- BABellatrix AerospaceAI & Deep Tech · in at Series A · 2026
India-based companies only. Linked names have a StopDown page; the rest link up on their own as soon as we cover them.
Pavestone VC in the news
- BABellatrix Aerospace · Funding · 27 March 2026 · $20 MnBellatrix raises $20 million for manufacturing scale upBellatrix designs and manufactures electric and chemical propulsion systems for satellites in low and geostationary orbits
- AEAerchain · Funding · 18 March 2026 · $13M (₹118 Cr)Aerchain raises $13 million to scale AI-native procurement platformAerchain, an AI-powered enterprise procurement platform, raised $13 million in a Series A round led by Pavestone VC with participation from IndiaMART
Read next: companies in the portfolio
Questions about Pavestone VC
How many investments did Pavestone VC make in India in 2026?
StopDown has recorded 2 disclosed rounds in Indian startups with Pavestone VC in 2026 so far, 1 of them as lead. The latest was Bellatrix Aerospace on 27 March 2026 ($20 Mn).
Which sectors does Pavestone VC invest in?
In the 2025 and 2026 rounds StopDown recorded, Pavestone VC invested most often in AI & Deep Tech (1 round) and Enterprise Software & IT (1 round).
Does Pavestone VC lead rounds?
Yes. StopDown's records name Pavestone VC as lead or co-lead in 1 of the 2 rounds it took part in during 2025 and 2026, 1 of them in 2026.