Kalaari Fellowship 2026 тАУ Overview
The Kalaari Fellowship is a selective, two-year, full-time fellowship designed for individuals who want to build a career in venture capital, startup investing and entrepreneurship. The program follows an apprenticeship-based approach and provides hands-on exposure to investment analysis, startup research, portfolio support and venture capital operations.
The fellowship aims to develop the next generation of investment leaders by combining structured learning with real-world experience in India’s startup ecosystem.
About Kalaari Fellowship
The Kalaari Fellowship 2026 offers intensive exposure to the venture capital industry. Fellows work on real-world projects while developing analytical, research, writing and investment-related skills.
During the first year, fellows focus on areas such as investment analysis, sourcing, portfolio support, finance and market research. In the second year, they gain exposure to organisational initiatives, events and operational aspects of venture capital.
The program is particularly suitable for early-career professionals interested in venture capital careers, startups, technology, entrepreneurship and investment analysis.
Kalaari Fellowship Application Date 2026
Applications for Kalaari Fellowship Batch 5.0 are scheduled to open on 31 August 2026. The next batch is expected to launch in 2027.
Kalaari Fellowship Benefits
Selected fellows can receive several professional and financial benefits, including:
- INR 18 lakh annual stipend
- Two years of full-time venture capital experience
- Hands-on exposure to startup investing
- Investment analysis and sourcing experience
- Financial modelling and MIS analysis
- Market research and report writing opportunities
- Exposure to founders and startup ecosystems
- Experience with VC workflows such as term sheets and cap tables
- Medical insurance coverage for fellows and their close family
- Boarding provided during the first month
- Access to applicable employee benefits
- Opportunities to explore careers in VC, startups, corporate roles and entrepreneurship
Kalaari Fellowship Stipend
The fellowship provides a fixed stipend of INR 18 lakh per year. Fellows and their close family are also covered under Kalaari’s medical insurance policy, along with other applicable employee benefits.
Kalaari Fellowship Eligibility Criteria
The official Kalaari Fellowship page does not prescribe a specific academic or professional background. Kalaari states that candidates from diverse backgrounds can apply, including investment banking, consulting, startup operations, corporates, marketing and entrepreneurship.
However, the fellowship is designed for early-career professionals, and the ideal candidate has up to four years of professional experience. Candidates with five or more years of experience may not benefit as much from the program.
Who Can Apply?
The fellowship may be suitable for candidates who:
- Are interested in venture capital and startup investing
- Want hands-on experience in the Indian startup ecosystem
- Have strong analytical and research abilities
- Are interested in emerging technologies and businesses
- Can commit to a two-year, full-time program
- Are willing to work from Bengaluru
- Have ideally up to four years of professional experience
Note: College students seeking summer internships or candidates looking for part-time or short-duration internships are not considered for the Kalaari Fellowship.
Kalaari Fellowship Selection Process
The Kalaari Fellowship selection process consists of multiple stages:
Step 1: Application Submission
Candidates first submit their fellowship application through the official application process.
Step 2: Case Study Submission
Shortlisted applicants move to a case study stage designed to assess their analytical and problem-solving abilities.
Step 3: Technical Interview
Candidates who progress further participate in a technical interview.
Step 4: Final Discussion
Selected candidates proceed to a final discussion with the Kalaari team.
Step 5: Offer Rollout
Successful candidates receive the fellowship offer.
What Will Fellows Learn?
The fellowship follows an apprenticeship model and provides practical exposure across several areas.
Year 1
Investment Analysis & Sourcing:
Fellows identify emerging trends, develop investment theses and discover promising founders.
Portfolio Support & Finance:
Fellows work on financial modelling, MIS analysis and strategic growth projects.
Market Research & Publishing:
Fellows conduct primary and secondary research and contribute to thematic reports and sector-specific content.
Year 2
Organisational Building & Events:
Fellows contribute to content, marketing and leadership events.
Operational Excellence:
Fellows learn important VC processes, including term sheets, cap tables, evaluation frameworks and expert-network development.
Kalaari Fellowship Duration
The Kalaari Fellowship duration is two years. It is a full-time, in-person program based in Bengaluru, India.
Kalaari Fellowship Location
The fellowship is conducted in Bengaluru, India. Fellows are expected to be present in Bengaluru throughout the program because it is a full-time, in-person opportunity.
Official Fellowship Page
https://kalaari.com/fellowship
Contact Details
ADDRESS : Kalaari Capital, Ground Floor, Unit-2 Navigator Building ITPB,тАиWhitefield Road, Bengaluru, Karnataka тАУ 560066
PHONE: 080 67159600