VC fund (Cat II) · SEBI registry
Mela Ventures Trust
Series A · Deep Tech (AI/ML/Robotics) · Bengaluru
At a glance
- Stage focus
- Series A
- Primary sector
- Deep Tech (AI/ML/Robotics)
- City
- Bengaluru
- HQ / office
- Level 14, Dhondusa Complex, Residency Road, Shanthala Nagar, Bengaluru, Karnataka 560001
- Fund registered
- 2020
- Investments on record
- 16
- Website
- melaventures.in
- Profile ↗
About
Mela Ventures is a Bengaluru-based Category II AIF co-founded by Krishnakumar Natarajan (Mindtree co-founder) and Parthasarathy NS. It acts as the first institutional investor in B2B DeepTech, EnterpriseTech and ClimateTech startups, running MV Core Tech Fund-I and Fund-II.
Investment focus
First institutional investor (post early-revenue / product-market fit, roughly Pre-A to Series A) in B2B DeepTech, EnterpriseTech and ClimateTech startups
Cheque size
~USD 1.5-2M (first institutional cheque; early-stage deep-tech/enterprise SaaS)
As compiled from public sources — verify with the investor.
SEBI registration
SEBI AIF Category II — reported as “Cat II”
- IN/AIF2/20-21/0801
- IN/AIF2/25-26/1948
SIDBI Fund of Funds
Yes — backed by SIDBI's Fund of Funds for Startups (FFS) as an LP in Mela Ventures; also Nippon India Digital Innovation AIF (per thevcfiles.com / Mela Ventures and BusinessToday coverage of the INR 320 Cr maiden fund)
Notable portfolio
GalaxEye; Mindgrove; Optimized Electrotech; Intugine; VuNet; Infilect; FirstHive; Indra Water
Team & organisation
~8 team members incl. co-founders Krishnakumar Natarajan & Parthasarathy NS (ex-Mindtree); ~4 partners/investment professionals
Trust-structured manager running two Category II AIFs — MV Core Tech Fund-I (IN/AIF2/20-21/0801) and MV Core Tech Fund-II (IN/AIF2/25-26/1948); multi-fund
Connect through iHub India
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Frequently asked
- What does Mela Ventures Trust invest in?
- First institutional investor (post early-revenue / product-market fit, roughly Pre-A to Series A) in B2B DeepTech, EnterpriseTech and ClimateTech startups
- What cheque size does Mela Ventures Trust write?
- As compiled from public sources: ~USD 1.5-2M (first institutional cheque; early-stage deep-tech/enterprise SaaS)
- How do I pitch Mela Ventures Trust through iHub India?
- Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.
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About this record
Compiled from SEBI registrations and public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.
Sources: https://melaventures.in; https://www.thevcfiles.com/post/mela-ventures