Hires ex-JP Morgan executive for U.S. and cross-border strategy at Cornerstone
Cornerstone Ventures Expands Presence with US Focus
Cornerstone Ventures, a Mumbai-based early-stage venture-capital firm, has recently marked the first close of its second fund earlier this year. This move signals a strategic focus on expanding or strengthening their presence and operations in the US market.
The firm has appointed a former executive from JP Morgan Chase to lead its US and cross-border strategy. While the name of the executive is not specified, this appointment aligns with Cornerstone Ventures' strategy to enhance cross-border investment capabilities.
Exact financial figures for the second fund were not disclosed, but it is known that Cornerstone Ventures is raising $200 million (around Rs 1,740 crore) for this vehicle. The name of the fund is also not revealed in the available information.
Despite the lack of detailed information, it is clear that the fund is active following its early 2025 first close. Cornerstone Ventures continues to participate as an investor in Series A rounds, such as Sharpsell.ai's ₹30 crore funding in July 2025, demonstrating ongoing deal activity.
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As the fund progresses beyond its initial close, further financial details are expected to be disclosed. Cornerstone Ventures' commitment to expanding transatlantic investments and influence is evident, and this strategic move is likely to shape the venture capital landscape in the coming years.
Cornerstone Ventures' appointed executive from JP Morgan Chase is leading the firm's efforts to strengthen their US and cross-border strategy, indicating a focus on expanding their finance operations through investing in business opportunities within the US market. The venture capital firm is working to increase its cross-border investment capabilities, aiming to raise $200 million (approx. Rs 1,740 crore) for its as-yet unnamed second fund to support this growth.
