.svg)
.svg)
%203.svg)
.png)
.png)
.svg)
What is
fellowship?
.png)
The Fellowship is a selective two-year immersion offering intensive, hands-on learning in the venture capital industry.
We created this program to open doors to an industry that rarely opens them - and to develop the next generation of investment leaders.
The program combines rigorous training with real-world application. Fellows develop strong analytical and writing capabilities, contributing to Kalaari's research reports and content initiatives that shape industry perspectives.
The program's architecture is deliberate: year one establishes analytical rigor through systematic training; year two places you at the center of deal-making and founder relationships.
The program combines rigorous training with real-world application. Fellows develop strong analytical and writing capabilities, contributing to Kalaari's research reports and content initiatives that shape industry perspectives.
The program's architecture is deliberate: year one establishes analytical rigor through systematic training; year two places you at the center of deal-making and founder relationships.
Corporate Offsite in Sri Lanka
.svg)
What is
Fellowship?
The Fellowship is a selective two-year immersion offering intensive, hands-on learning in the venture capital industry.
We created this program to open doors to an industry that rarely opens them - and to develop the next generation of investment leaders.
The program combines rigorous training with real-world application. Fellows develop strong analytical and writing capabilities, contributing to Kalaari's research reports and content initiatives that shape industry perspectives.
The program's architecture is deliberate: year one establishes analytical rigor through systematic training; year two places you at the center of deal-making and founder relationships.
Four batches of Fellows have successfully completed this program so far, with each cohort having approximately 10 to 15 Fellows each. Applications for a fifth batch will open soon.
The program combines rigorous training with real-world application. Fellows develop strong analytical and writing capabilities, contributing to Kalaari's research reports and content initiatives that shape industry perspectives.
The program's architecture is deliberate: year one establishes analytical rigor through systematic training; year two places you at the center of deal-making and founder relationships.
Four batches of Fellows have successfully completed this program so far, with each cohort having approximately 10 to 15 Fellows each. Applications for a fifth batch will open soon.
Corporate Offsite in Sri Lanka
MAP Museum visit
Holi 2024
Fellowship Kick off
Cult session
.png)
Fellowship Graduation 2025
.png)
Kalaari Offsite, Alibaug
.png)
Corporate Offsite in Sri Lanka
Each cohort is limited, chosen through a rigorous selection process.
Notify me when applications open for the next cohort
Your email has been registered.
We’ll notify you when the next cohort opens.
We’ll notify you when the next cohort opens.
Duration
2 years,
Full-time
Location
Bengaluru, India
Applications opening
Soon
.svg)
Application
process
1st
step
Application
Submission
2nd
step
Case Study Submission
3rd
step
Technical
Interview
Interview
4th
step
Final Discussion
5th
step
Offer Rollout
What a
Fellow
learns
The program is built on an apprenticeship model designed to provide deep, hands-on exposure across the following core areas.
YEAR 1
Investment Analysis
& Sourcing
YEAR 1
Portfolio Support
& Finance
YEAR 1
Market Research
& Publishing
YEAR 2
Organizational
Building & Events
YEAR 2
.png)
Operational
Excellence
Our Values
#Life@Kalaari
Dynamic
Performance Oriented
Team Kalaari living the spirit of Diwali festivities
Passion for Technology
Teamwork
Inclusive
Alumni day 2025
Tenacious
Learning Oriented
Hear from our
alumni
Hear from
Our
alumni
Kalaari’s conviction showed early — not just in the idea, but in the details. Vani flew to Mumbai to see our backend firsthand. That level of curiosity and belief from an investor is rare.
Gaurav Singh Kushwaha
Founder & CEO, BlueStone
The fellowship was a wonderful experience where I learnt the different journeys of an investment process. I was very impressed with the ownership and responsibilities given to us from day 1, which really helped expedite the learning curve. Personally, I could not have asked for a better start in my investing career than the Kalaari Fellowship program.
Vinesh Singodia
Fellowship Batch 3
Senior Investment Associate at Lunate
Hear from other alumni
The Kalaari Fellowship provided that sort of ringside view to the action that's taking place in the startup ecosystem. I come from a banking background, but to be able to work hands-on with founders and be a part of the ecosystem that is actively investing and actively helping you grow
Pranav Koshal
Fellowship Batch 3
Vice President at Kalaari
The fellowship definitely opens a lot of doors — to people, opportunities, projects that you would have never probably even thought about working on. Today it has made me capable of doing so many different things and being confident while doing those so many different things, that I'd recommend it to everyone.
Kanika Mittal
Fellowship Batch 3
Founder Blyss
Whether you want to become an operator, start your own company, pursue your MBA, or continue in VC, the fellowship opens up a lot of options for you.
Harshit Kumar
Fellowship Batch 3
Associate Vice President at Kalaari
The clarity, exposure, and experience that the Fellowship provided has helped me in navigating the startup ecosystem and transition from the investing side to the operating side.
Keshav Lohia
Fellowship Batch 3
Venture Advisor, Emergent Ventures
The fellowship was a great learning curve for me where I absorbed what it takes to invest, nurture & build a startup.
.png)
Siddhanth Jayaram
Fellowship Batch 1
Founder, Equilibrium
The Kalaari fellowship helped me understand the various nuances of early-stage tech startups and investing. It has given me a strong grounding that’s helped me succeed beyond the VC industry as well.
Abhishek Tewari
Fellowship Batch 1
Founder, Genie Realty
The Kalaari Fellowship is an incredible catalyst for professional growth. One of the best places to deep-dive into the Indian startup & tech ecosystem and learn from founders, leaders, and peers.
Anvita Khosla
Fellowship Batch 3
MBA, MIT Solan School of Management
The Fellowship sets you up with the fundamentals of what it takes to succeed in VC & startups. You have the opportunity to work closely with senior leaders in the ecosystem and learn from them.
Nesar Rao
Fellowship Batch 3
Co-Founder, Fanon
The diversity of the Fellowship facilitates strong peer-to-peer learning in addition to our learning from senior partners, founders and other industry experts we are fortunate to have access to.
Harish Sharma
Fellowship Batch 3
Associate, Perella Weinberg
The fellowship was a wonderful experience where I learnt the different journeys of an investment process. I was very impressed with the ownership and responsibilities given to us from day 1, which really helped expedite the learning curve. Personally, I could not have asked for a better start in my investing career than the Kalaari Fellowship program.
Vinesh Singodia
Fellowship Batch 3
Senior Investment Associate at Lunate
Kalaari is a great place to learn VC because there’s a legacy of successful companies from earlier funds. You get to experience that, while also investing in newer companies based on a thesis that you build and companies that you think are interesting.
Jatin Nayak
Fellowship Batch 3
Co-Founder, Fanon
My time at the Fellowship provided me with immense opportunities for growth, both professionally and personally. I got to work alongside exceptional founders, industry leaders, and peers. I discovered that creativity and marketing play a crucial role in the world of VC too.
Niyati Bharne
Fellowship Batch 3
Marketing Consultant
-cropped.svg)
Fellowship
diaries
.svg)
.svg)
Everything you
need to know
Do I need to be in Bangalore for the program?
.svg)
Is this a part-time program and can I join as an intern?
When will the Fellowship start?
Can freshers apply for the Fellowship? What is the ideal number of years of work experience required for the Fellowship?
Is there any specific academic or professional background that Kalaari looks for?
Is the stipend fixed through the program?
Does Kalaari provide housing?
What are my prospects post the Fellowship program?
What is the difference between Cycle 1 and Cycle 2 of the Fellowship Application?
Subscribe to
Kalaari Newsletters
Unpacking our latest investments, portfolio updates and trends that are changing India's startup ecosystem.
Subscribe to
Kalaari’s Newsletters
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
VENTURE FORWARD
Kalaari’s quarterly newsletter that shares our portfolio wins, updates, our latest reports and what’s new in the past 3 months.
DEEPTECH DISPATCH
A bi-quarterly newsletter from Kalaari Capital spotlighting the technologies and opportunities shaping India’s deeptech future.
CXXO FRONT COVER
CXXO's monthly newsletter offering a glimpse into our community highlights, portfolio updates, achievements, and more.