Venture Intelligence (TSJ Media Pvt. Ltd.)
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Merak launches $100-M early-stage VC fund; to invest in 20 stratups
Merak Ventures is raising its maiden sector-agnostic, early-stage venture capital fund targeting a corpus of USD 100 million. The fund will invest in 18-20 startups in the next three-four years. Merak will back business-to-business (B2B) and emerging technology firms with seed money to help create sustainable businesses and use technology to solve problems. The fund will focus on themes including climatetech (agritech, mobility, carbon, digital solutions and climate finance), insurtech, and enterprise SaaS (software-as-a-service) startups.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.