Mela Ventures is an early-stage venture capital fund, founded in 2020 and based in Bengaluru, India. The firm focuses on B2B startups, deploying cheques typically in the range of $2-4 million per investment. Its investment cadence is disciplined, averaging three new portfolio companies annually, with a current portfolio of over 17 companies.
The fund's thesis is centred on three primary technology verticals: DeepTech, ClimateTech, and EnterpriseTech. Within these, its areas of interest include AI/ML platforms, industrial integrity solutions, and broader enterprise technology. This focus reflects a strategy of backing founders building technically complex businesses for industrial and enterprise markets.
Through its operational arm, FoundrPwr, Mela Ventures provides strategic guidance from experienced industry veterans. The initiative emphasises founder development, particularly the importance of early sales execution and building resilient business models. This aligns with the fund's stated commitment to accelerating AI and ML adoption for businesses across India.
