Mela Ventures

Overview

Mela Ventures is a SEBI-approved Alternative Investment Fund (AIF) Category-2 fund based in Bengaluru, India, focusing on early-stage B2B technology startups. The fund primarily invests in sectors such as Enterprise Technology, DeepTech, and ClimateTech, aiming to support companies that are creating new market categories and possess differentiated, hard-to-replicate technology. Mela Ventures typically comes in as the first institutional investor once early revenues and a clear product-market fit have been established. The fund's investment philosophy is guided by four core values: challenging the status quo, empowered decision-making, trust, and continuous learning. These principles shape both their investments and operations, fostering a high-performance culture that supports the growth of their portfolio companies. Mela Ventures seeks founders who prioritize sound governance and lead with integrity and transparency. Since its inception in 2020, Mela Ventures has made several investments, including in KNOLSKAPE Solutions, an experiential learning platform, and has announced the first close of its maiden fund, MV Core Tech Fund - I, with a commitment of INR 130 crores. The fund has a target size of INR 200 crores and aims to make 4-5 investments in the next 18 months, with ticket sizes of INR 7-10 crores each.

Investment Focus

• B2B technology startups
• Early revenues
• Clear product-market fit
• Differentiated technology
• Strong governance

Portfolio Companies