Mindtree co-founders’ Mela Ventures to invest in early-stage startups2 min read . Updated: 24 Aug 2020, 07:23 PM IST
- The fund is backed by institutional investors, global technology leaders and seasoned startup investors
- The founders believe their experience in building Mindtree to a billion-dollar company from a VC-funded startup will be a valuable asset to the entrepreneurs
Early stage startup fund Mela Ventures, started by Mindtree Ltd co-founders Krishnakumar Natarajan and Parthasarathy NS, has done a first close of its maiden fund ‘MV Core Tech Fund - I’ with ₹130 crore in commitment from a set of Indian investors.
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