SilverX Catalyst | Issue #6 | June 2026

Proprietary Research

Where Will India's AI & Deep-Tech Flywheels Form?

SilverX Fund's first proprietary research publication, a comprehensive analysis mapping India's readiness across 10 deep-tech sectors, 13 data charts, and a capital-deployment framework for the country's next generation of deep-tech unicorns.

Author

Abishek Balendran

Partner, SilverX Fund

Co-author

Kaustubh Savant

Senior Associate, SilverX Fund

Research Spotlight

From the SilverX Investment Desk

This month's research covers two distinct frontiers: the multi-phase democratization of space technology in India and globally, and a deep look at the fastest-growing category of cyberattack, the supply chain breach.

SpaceTech

Nishaanth Rangan

Analyst, SilverX Fund

"Democratization in Space" is everything but a phrase.

With $36 billion deployed into the space economy in Q1 2026, space has moved from exploration promise to proven economic potential. This piece maps the three phases, access, capability, and value democratization, and where India sits in the global orbit.

Cybersecurity

Shrivaren Ranga

Tech Intern, SilverX Fund · Cybersecurity & AI Infrastructure

The Invisible Door

Why the next major breach won't come through your front door, and what that means for how we think about security investment. Supply chain attacks nearly doubled in 2025, and India is the #2 most targeted nation globally.

In Conversation With

Dhiraj Kumar Sinha, Managing Partner

We sat down with Dhiraj Kumar Sinha to talk about SilverX Fund's investment philosophy, and why the firm focuses on industries where AI acts as an enabler rather than a disruptor.

In Conversation With

Dhiraj Kumar Sinha

Managing Partner, SilverX Fund

"We are focusing on investment segments where AI could be the enabler, not the disruptor. A lot of moats which were found very aggressive and invincible have been disrupted badly. We are focused on space tech, defence tech, advanced materials, and quantum computing, where AI disruption could be an enabler for these segments, not the disruptor."

Dhiraj Kumar Sinha

Managing Partner, SilverX Fund

Why previously 'invincible' moats have been disrupted, and what SilverX bets on instead

Sectors where AI is the enabler: space tech, defence tech, quantum computing, advanced materials

India's 10-15 year silent build in frontier technology, now yielding results

SilverX's approach: deeper involvement and capital commitment over multiple rounds

Targeting offshore and larger markets alongside India

Welcome to the Team

New additions to the SilverX Fund family

We are delighted to welcome two new members who bring complementary expertise, in investments research and legal, to the SilverX Fund team.

Gitika Velichala

Research Analyst

Gitika joins SilverX's investments team focused on deep-tech deal evaluation and market research. A UCLA graduate in Economics & Statistics (Class of 2025), she brings prior experience from EY's Business Consulting practice, with a focus on Global Capability Centres, as well as stints at ADP (Corporate Strategy) and JLL (Capital Markets). Her cross-functional background across consulting, finance, and real estate informs a rigorous analytical approach to investment diligence.

Manjari Alluru

Associate - Transactions

Manjari Alluru joins SilverX as an Associate in the Transactions team with hands-on experience working with regulated payments businesses and technology companies. A graduate of Symbiosis Law School, Hyderabad, she supports the fund's legal and operational functions, bringing a compliance-focused approach to her role.

Investor Spotlight

Nagesh Kunamneni, Venture Partner · SilverX Fund

Nagesh Kunamneni

Venture Partner, SilverX Fund

CEO, BizCloud Experts · Dallas–Fort Worth

Cloud Computing

AI Strategy

Enterprise Architecture

AWS Partner

Nagesh Kunamneni is the CEO of BizCloud Experts, an AWS Advanced Technology Partner headquartered in Lewisville, Texas, ranked #86 on Inc. Magazine's list of the fastest-growing private companies in the Southwest. With over seven years leading BizCloud Experts, Nagesh has built a firm recognised for delivering cloud, AI, and enterprise transformation across Travel & Transportation, Financial Services, Consumer & Retail, and Manufacturing sectors.

A graduate of The University of Texas at Austin, Red McCombs School of Business, Nagesh brings deep expertise across Cloud Computing, IT Strategy, Enterprise Architecture, Application Modernization, and AI governance. He has led BizCloud Experts to recognised competencies in Serverless, DevOps, WAF, and Amazon Connect, and has expanded the firm's client base substantially through partnerships with AWS Premier partners serving enterprise customers.

Beyond cloud delivery, Nagesh is a founding member and advisor at UberTejas LLC and maintains an active lens on AI infrastructure, supply chain intelligence, and the convergence of enterprise technology with global capital markets. His public writing and thought leadership consistently surfaces the deeper questions at the intersection of AI adoption, workforce development, and the future of human judgment in an automated economy.

Nagesh's vantage point, sitting inside the AWS partner ecosystem while advising on enterprise AI adoption across multiple industries, gives SilverX direct access to how frontier technology is being operationalised in US enterprise markets. For our portfolio founders building cloud-native and AI-first infrastructure, that perspective on real-world enterprise procurement and deployment is invaluable.