Fund News

Gemba Capital launches $10-M micro VC fund

Inc42  

Bengaluru-based Gemba Capital which invests in pre-seed and seed rounds in tech startups has launched its maiden micro-VC fund of USD 10 million. The fund will invest in about 24 early-stage startups across SaaS, consumer tech, fintech, and deeptech sectors with the first cheque of USD 250,000 and reserve 35% for making follow-on investments. Founded by Adith Podhar in 2019, Gemba Capital, which started as a family office making angel investments, has now funded pre-seed and seed rounds in 30 startups. The notable ones include insurtech startups Plum and BimaPe, D2C startup SleepyCat, fintech Gripinvest, Walrus and Strata, agritech Unnati, edtech Crejo, SaaS startups Zuper and ClickPost and D2C eyewear startup Cleardekho.

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