Neon Fund
Neon Fund is a venture capital firm based in Bangalore, India, with a focus on investing in Enterprise AI startups at the Pre-Seed and Seed stages. Founded in 2020 by Siddhartha Ahluwalia and Nansi Mishra, the firm aims to support ambitious Indian founders developing solutions in Vertical AI applications, Cybersecurity, and Developer tools. Neon typically acts as the first investor in startups, providing initial investments ranging from $100,000 to $500,000, with a standard first cheque of $500,000. The firm manages a fund size of approximately $25 million and has invested in seven companies.
Investing activity
Neon Fund appears in 2 AI deals tracked by the AI Lounge deals desk, rounds totalling $10M. The rounds are mostly Series A and Seed, with a median round size of $10M. The most recent are Chariot Claims (Series A, $10M, Oct 2026) and Guickly (Seed, $4.2M, Sep 2026).
Neon Fund most often invests alongside Silverton Partners, FJ Labs, Lightbank and ZVC, and the companies it backs on AI Lounge are mostly in Legal AI, consumer claims and AI.
Deals
Frequently asked questions about Neon Fund
What AI companies has Neon Fund invested in?
Neon Fund's AI investments include Chariot Claims and Guickly. The 2 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Neon Fund based?
Neon Fund is based in Bengaluru, Karnataka, India.
What stage does Neon Fund invest at?
In the rounds tracked on AI Lounge, Neon Fund has invested at Series A and Seed, with a median round of $10M.
Who does Neon Fund co-invest with?
Neon Fund's most frequent co-investors on AI Lounge are Silverton Partners (1 deal), FJ Labs (1 deal), Lightbank (1 deal), ZVC (1 deal) and Graph Ventures (1 deal).
How can founders reach Neon Fund?
Founders on AI Lounge can see Neon Fund's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Neon Fund to their Investor Pipeline to track the conversation.