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    Issue #2 | February 2026

    SilverX Catalyst

    SilverX News, Startup Insights & Investment Intelligence

    Upcoming Investor Roadshows

    Bengaluru | Feb 20, 2026
    Mumbai | Feb 27, 2026
    Pune | Feb 28, 2026

    Alliance with Amaravati Quantum Valley

    Anchoring India's Quantum & Deep-Tech Future

    SilverX at Amaravati Quantum Valley Foundation CeremonySilverX Fund MOU with Amaravati Quantum Valley

    SilverX Fund has signed a strategic MOU with Amaravati Quantum Valley, the nodal agency of the Government of Andhra Pradesh, to collaborate on India's premier quantum computing and deep-tech ecosystem.

    "We are proud to contribute to India's deep-tech infrastructure and support the next generation of quantum innovators building globally relevant technology from Andhra Pradesh."

    Dhiraj Kumar, Managing Partner, talks

    Dubai Investor Roadshow

    Expanding Our Reach Across the Middle East

    The AI & Deep Tech Wave - Dubai Panel DiscussionView on LinkedIn

    We wrapped up our Investor Roadshow in Dubai last month. Productive meetings with regional investors, insightful conversations around cross-border opportunities, and valuable new connections across the GCC ecosystem.

    GCC Ecosystem

    Cross-Border

    India-GCC

    Research Spotlight

    From the SilverX Investment Desk

    Our research team continues to publish deep-dive analyses on emerging themes at the intersection of AI, deep-tech, and venture investing.

    Ajay Jain

    Ajay Jain

    Founder & Managing Partner

    Investment Thesis

    What Separates Fundable Deep-Tech Founders

    Before revenue exists, investing in deep-tech is an act of faith in people. The technical foundation, business instinct, founder profile, and execution signals that matter most.

    Suhit Anantula

    Suhit Anantula

    Venture Partner

    Emerging Technology

    Quantum Computing: What I'm Seeing

    Observations from the edge of a technology transition. From $1.13B to $2.88B in VC funding, the error-correction breakthrough, and why quantum in 2026 feels like AI in 2018.

    Spotlight

    Founding Team & General Partner

    Rajesh Agarwal

    Rajesh K. Agarwal

    Founding Team & General Partner

    Washington DC-Baltimore Area

    Rajesh Agarwal brings over three decades of experience spanning enterprise technology, IT transformation, and AI-driven solutions. "Finance by heart, developer by profession" - Rajesh represents a rare combination of technical depth and business acumen. As a Board Member of AIS India and ex-Microsoft veteran, he has built and scaled engineering organizations delivering mission-critical solutions.

    At SilverX, Rajesh's deep expertise in angel investing, early-stage investment, and AI-driven enterprise solutions provides the team with sharp pattern recognition for identifying transformative startups at the intersection of technology and business value creation.

    Career Highlights

    • President, AIS India - Led India operations for 18+ years
    • Microsoft Corp - Solution Architect
    • Cigna - Enterprise transformation

    Focus Areas

    • Angel Investing & Early Stage
    • AI & Enterprise Solutions
    • IT Transformation & Product Innovation
    • Board Advisory & Governance

    "Early stages of 'do more with less' - the coming productivity boom is what could justify trillions in AI spend. We surely live in interesting times!"

    - Rajesh Agarwal, General Partner

    Welcome to the Team

    Growing the SilverX Family

    AI VC Activity in India Explodes

    2025 Market Data

    16
    AI Funds Closed in 2025

    vs just 5 in 2024

    $1.87B
    Raised by AI Funds

    5x increase from $358M in 2024

    $928M
    Into AI Startups

    27% YoY growth, 153 deals

    AI Is Coming After More Sectors

    Market Intelligence

    Artificial intelligence is having a moment. And in markets, that usually means someone else is having a rough week. The latest sectors feeling the pressure include real estate, trucking, and logistics.

    Real Estate

    Office towers could see reduced demand as AI replaces certain worker categories. Fewer leases pressuring commercial real estate valuations.

    Trucking & Logistics

    New AI tools claim to scale freight volumes by 300-400% without hiring. Trucking stocks have dropped on the prospect.

    SaaS & Financial

    Investors rotating out of high-fee, labor-intensive models viewed as vulnerable to AI-driven disruption.

    Meanwhile, on the other side of the ledger:

    SoftBank added $4.2B in value to its OpenAI investment, boosting its Vision Fund by $2.4B in the December quarter.

    Singapore announced a "National AI Council" in its 2026 budget, will support firms harnessing AI and provide citizens with free access to advanced AI tools.

    Source: CNBC Daily Open, February 13, 2026

    Stay Connected

    Follow our journey as we build India's leading deep-tech venture fund

    Submit Your Deck

    Are you building a category-defining AI-first or deep-tech startup? We want to hear from you.

    We're looking for:

    • Seed+ to Series A/B stage
    • AI-native or deep-tech focus
    • India-based or India-focused

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    SilverX Fund

    SilverX Fund | Backing India's AI-First Future

    Issue #2 | February 2026