# Next Orbit Ventures

Next Orbit Ventures is a Venture Capital based in Mumbai, India.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Mumbai, India
- **Region:** Asia
- **Address:** Unit No. 2612, Parinee i, 7A Shah Industrial Estate, Near Yash Raj Studios, Andheri West, Mumbai – 400053, India
- **Founded:** 2012
- **Assets under management:** Undisclosed
- **Website:** www.nextorbitventures.com
- **LinkedIn:** https://www.linkedin.com/company/next-orbit-ventures-fund

## Regulatory record

- **Reports private funds:** No

## About

Next Orbit Ventures is a private equity firm based in Mumbai, India. It pursues a Venture Capital strategy and manages approximately $3 billion in assets. The firm has 5 staff, including 3 investment professionals.

## Sectors

- Semiconductors
- AI/ML
- Enterprise Software
- Real Estate
- Private Credit

## People

- Ajay Jalan — Founder and Managing Partner

## Questions

### Who runs investment decisions at Next Orbit Ventures?

Ajay Jalan serves as Founder and Managing Partner and is the primary decision-maker. The firm's website presents him as spearheading all target investments and key partnerships, including the semiconductor fab consortium. No other investment committee members are publicly named.

### Does Next Orbit Ventures participate in fund commitments or only direct deals?

The firm makes direct investments across asset classes. It has also launched dedicated funds, including a $750 million ESDM-focused fund and the Next Orbit Growth Fund III, in which external limited partners invest. There is no public indication that it operates as a fund-of-funds.

### What is the ISMC analog fab project, and what is Next Orbit's role?

ISMC Analog Fab Pvt. Ltd. is a $3 billion semiconductor manufacturing project proposed for Karnataka. Next Orbit Ventures is the lead consortium partner. Ajay Jalan secured commitments for the project and contributed to the government's semiconductor incentive policy design.

### What is Next Orbit Ventures' known posture on co-investments alongside external GPs?

The firm co-invests through structured consortiums, most notably the semiconductor fab project that involved government entities and international partners. Its joint venture with AMD also serves as a co-investment vehicle targeting AI and machine learning startups.

### Which sectors does Next Orbit Ventures explicitly avoid?

The firm does not publish a formal exclusion list. Its stated focus areas are semiconductors, electronics, digital transformation, real estate, and debt. There is no public record of investments in biotech, consumer brands, or heavy industrials outside electronics.

## Related profiles

- [Next Mobility Labs](https://altss.com/profile/next-mobility-labs)
- [Next Play Ventures](https://altss.com/profile/next-play-ventures)

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Last updated: 2026-06-03T20:00:00.000Z

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