Mela Ventures

Mela Ventures Mela Ventures is one of India's emerging dedicated deep tech VCs. The MV Core Tech Fund I closed at INR 320 Cr ($40M), focused on AI/ML, AR/VR, IoT, cloud migration, and deep technologies. The approach is highly selective. just 3-5 companies per year with rigorous technical diligence. The portfolio of 15 companies includes Mindgrove (semiconductor), General Aeronautics, and iTuring.ai. companies with strong technical moats. Check sizes run $1-5M at seed and Series A, with the abi