Archive · 6 Nov 2025

Former Wall Street Banker Jhunjhunwala Launches Novastar Partners for India Private Markets

Former Wall Street Banker Jhunjhunwala Launches Novastar Partners for India Private Markets

A new investment company called Novastar Partners has been started by Dhruv Jhunjhunwala, who used to work in finance in New York.

This company is like a special piggy bank that will invest in other special piggy banks that are already investing in Indian companies that are not yet on the public stock market.

Novastar wants to raise a lot of money for its first fund.

They plan to pick the best smaller investment funds in India that focus on growing companies.

This way, people who want to invest in India's growing businesses can do it easily through Novastar.

The company believes India is a great place for investments right now because its economy is growing, people are buying more things, and technology is advancing quickly.

They aim to make it simple for investors to be part of India's success story.

Sources