Merak Ventures
Venture capitalNew Delhi · Pre-Seed–Series A · 9 people tracked
Investment thesis
Merak Ventures invests in seed-stage B2B and emerging-technology startups tackling meaningful problems with the potential for large-scale impact. It focuses on very early companies at the idea, prototype, or proof-of-concept phase, and is comfortable investing pre-revenue. Typical first cheques range from USD 0.5-1.5 million, with a sweet spot around USD 1 million, and follow-on investment of up to USD 5 million in later rounds. The firm is largely sector-agnostic within B2B and avoids B2C. Its mandate is strictly India-centric, requiring companies to have essential operations or strong ties to India, since it invests only in geographies it understands well.
Source: firm website, verified Aug 3, 2026.
Team · 9 people
from public directories
What they invest in
from 16 of 28 portfolio companiesAI & Machine Learning ×8SaaS ×5Cleantech ×3Marketing Tech ×3Advanced Manufacturing ×2Climate Tech ×2Consumer ×2Data & Infrastructure ×2
HQs:India×5United States×2
Investments · 28 tracked
founders shown can be your intro pathNeoSapien makes Neo 1, an AI-native wearable pendant that records and transcribes conversations and meetings, generates summaries, extracts to-dos and reminders, and stores them as searchable memories accessible through an app and other AI chat tools.
AI & Machine LearningConsumerHardwareBengaluru, IN
Dhananjay Yadav(Co-founder)Aryan Yadav(Co-founder)
4baseCare develops AI-powered precision oncology tools that combine genomic data, clinical history, and real-world evidence to support cancer treatment decisions, molecular tumor board collaboration, biomarker discovery, and clinical trial design.
AI & Machine LearningBiotechDigital Health
Hitesh Goswami(CEO)Kshitij Rishi(COO)Puneet Pantane(CDO)
AbleCredit provides AI-based credit risk software for lenders' risk teams, generating proprietary risk signals, Vision AI-based in-field fraud detection, and automated post-disbursal Loan Utilisation Checks and Early Warning Signals.
AI & Machine LearningFintechSaaS
Cell Propulsion develops full-stack technology for electric and autonomous commercial vehicles, including EV powertrains, energy storage systems, fleet management software, and vehicle autonomy.
CleantechMobility & TransportationRoboticsBengaluru, IN
Nakul Kukar(CEO & Co-Founder)Paras Kaushal(COO & Co-Founder)Supratim Naskar(Chief Technical Officer)
CynLr builds a hardware and software machine-vision platform ("Object Intelligence") that lets robots see, grasp, and orient unknown objects without pre-training, and offers robotic systems such as CyRo, CyNoid, and Mantroid for manufacturing and logistics.
Advanced ManufacturingAI & Machine LearningRobotics
Farmtheory connects restaurants with fresh vegetables from Indian farms that don't meet cosmetic standards for retail sale, establishing a direct supply chain for produce that would otherwise go unsold.
Enterprise SoftwareLogistics & Supply ChainMarketplacesBengaluru, IN
IDO Devices designs and manufactures consumer electronics including true wireless stereo earbuds, Bluetooth headsets and neckbands, feature phones, smartphones, WiFi routers, IP cameras, smart speakers, and telematics devices.
Advanced ManufacturingConsumerHardware
Lemnisk offers a composable Customer Data Platform that unifies customer data and uses AI to power real-time segmentation, personalization, and journey orchestration across channels such as email, SMS/RCS, WhatsApp, push notifications, and Google and Meta ads.
AI & Machine LearningData & InfrastructureMarketing Tech
UNICEL Greens recycles lithium-ion and other batteries using hydrometallurgical and mechanical processes to recover materials such as lithium, cobalt, nickel, copper, and graphite for reuse in the supply chain.
Circular EconomyCleantechEnergy
Wellthy Therapeutics provides a digital health platform that enables healthcare organizations to develop and deploy patient engagement solutions using a clinically validated front-end and regulatory-compliant backend.
Digital HealthHealthtechSaaS
Work Advantage offers an AI-powered employee experience platform covering rewards, recognition, incentive compensation management, wellbeing, loyalty programs, sentiment analysis, and employee communities.
Future of WorkHR TechSaaS
Portfolio news
latest coverage across their companiesPixxel · newsbytesapp.com · Jul 7, 2026
Zuddl · salestools.io · Sep 7, 2025
Frequently asked questions
- What stage does Merak Ventures invest at?
- Merak Ventures invests at the Pre-Seed, Seed, Series A stages.
- What is Merak Ventures's typical check size?
- Merak Ventures typically writes checks of $500K – $1.5M.
- What sectors does Merak Ventures focus on?
- Merak Ventures focuses on Biotech, Deep Tech, Enterprise Software, Fintech, FoodTech, New Materials, SaaS, Sector Agnostic.
- Where is Merak Ventures located?
- Merak Ventures is headquartered in New Delhi, IN.
- Does Merak Ventures lead rounds?
- Merak Ventures typically participates in rounds rather than leading them.
Media · Podcasts & interviews
featuring the teamManu Rikhye, Partner, Merak Ventures
BioSpectrum India · Manu Rikhye
Co-investors · 21
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Qualcomm Ventures is the corporate venture investment arm associated with Qualcomm, backing technology companies from early to growth stage across multiple sectors.
Inventus Capital Partners is an early-stage venture firm that leads seed rounds for Silicon Valley startups and supports them toward Series A milestones.
Season Two Ventures is an early- and growth-stage investment firm focused on B2B companies across sectors such as technology, fintech, and healthcare, with a founder-centric evaluation approach.
GV (formerly Google Ventures) is a venture investment firm that backs founders across many industries, aiming to build long-term relationships and support companies across multiple stages and milestones.
Uber is a technology company operating multisided platforms that connect consumers with ride services, transit, delivery of food and groceries, and freight shipping across more than 70 countries and 15,000+ cities.
Coatue Management is a technology-focused investment firm that invests across both public and private markets, with an active private portfolio of over 250 tech companies.
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B Capital Group is a global venture capital firm that backs founders from early to late stage, with dedicated stage-based funds and a portfolio spanning technology, healthcare, and energy and resilience sectors.
Innovation Endeavors is an early-stage venture fund that invests in founders and supports venture creation through pre-team and pre-idea programs. The firm provides portfolio companies with access to mentors, advisors, and an entrepreneur ecosystem.
Ribbit Capital is a venture firm that partners with founders challenging incumbents across industries including AI, global commerce, infrastructure, wealth management, money movement, identity, data, and energy, with a particular emphasis on brand-building.
Coinbase Ventures is the venture investment arm of Coinbase that backs early-stage founders building across the crypto and Web3 ecosystem.
Peak XV Partners is a multi-stage venture capital firm partnering with founders across seed, venture, and growth stages, positioning itself as a hands-on partner beyond just capital.
▶9 more co-investors
Blume VenturesStripeVenture Catalysts | India's First Integrated IncubatorLightspeed India PartnersBerkeley Angel NetworkKaedan CapitalFractal Growth PartnersSRI CapitalAudacity Venture Capital
Firms observed investing alongside Merak Ventures, from public investor directories. Shared companies are the overlap with Merak Ventures's recorded portfolio.
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