Milliways Ventures

Venky Harinarayan and Anand Rajaraman share decision-making authority as the firm's only partners. Both hold Stanford PhDs in computer science and have operated inside Amazon and Walmart at senior levels. No external investment committee is referenced in public materials.

The firm’s sourcing draws on the partners’ multi-decade networks in Silicon Valley and Bangalore—built through Junglee, Amazon Marketplace, Kosmix, @WalmartLabs, and the 2005 Facebook investment. The firm’s website states it invests before validation from others, suggesting founder referrals and academic computer-science networks are likely primary channels.

Milliways Ventures operates as a venture capital fund manager, not a family office, although the partners have personal investment vehicles such as Milliways Investments that likely sit alongside the fund. The firm’s prior entity, Cambrian Ventures, was also structured as an early-stage VC fund.

The partners have historically executed direct early-stage investments and have not publicly disclosed fund-of-fund commitments through the Milliways Ventures vehicle. They emphasize being willing to be the only investor in a round.

The firm targets early-stage and seed investments, frequently entering before institutional rounds. The partners’ track record includes backing Facebook when it had a handful of employees, and portfolio companies often fit a startup or seed-stage profile.

Wealth traces to two significant exits. Junglee, a shopping-search engine co-founded by both partners, was acquired by Amazon for over $250 million in 1998. Kosmix, a categorization and search company they co-founded, was acquired by Walmart in 2011 to become the core of @WalmartLabs.

Public materials suggest the firm prefers to act independently and will invest without co-investor validation; they state a willingness to be the only investor in a round. No co-investment club or preferred GP syndicate affiliations are disclosed.