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 — companie...
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