Mindtree’s founders’ Mela Ventures closes its Fund-I at Rs 200 Cr
Shortpedia
Content Team
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Early-stage venture capital and equity firm, Mela Ventures has marked the first close of its maiden fund ‘MV Core Tech Fund-I’ worth Rs 200 crore. The firm is a SEBI-approved alternative investment fund (AIF) and would mainly invest in B2B early-stage tech startups. The Bengaluru-based MV Ventures has already garnered Rs 130 crore as the first tranche for Fund-I from undisclosed investors.
