Merak Ventures

Merak Ventures is an early-stage venture capital firm based in New Delhi, India, founded in 2022. The firm focuses on investing in seed-stage business-to-business and emerging technology companies. Its areas of interest include climate technology, insurtech, software as a service, life sciences, and the creator economy. By targeting these sectors, Merak Ventures aims to support innovative startups that address significant challenges and opportunities within the Indian market.

Soumitra Mishra

Venture Partner

5 past transactions

Satleo Labs

Pre Seed Round in 2025
Satleo Labs is a space technology company specializing in high-resolution thermal Earth monitoring from space. It develops an AI and data science-based platform to image microsatellite constellations, capturing thermal data with high spatial and temporal resolution. This data is crucial for understanding land surface temperature and its climate implications, enabling near real-time global thermal imagery.

AbleCredit

Seed Round in 2024
AbleCredit is focused on addressing the credit gap prevalent in emerging economies. The company has developed an AI-driven credit underwriting platform that utilizes advanced generative AI models with capabilities in voice, vision, and language. This technology serves as an AI assistant for credit teams, facilitating the generation of detailed credit reports tailored to individual cases while ensuring compliance with established credit policies and guidelines. By leveraging its innovative platform, AbleCredit aims to enhance underwriting speed and reduce associated costs, ultimately improving access to credit in underserved markets.

Atomgrid

Seed Round in 2024
Atomgrid is a technology-enabled platform that specializes in custom manufacturing and sourcing of specialty chemicals. The company aims to disrupt the global specialty chemical market by leveraging advanced technology and effective execution. Atomgrid manages the entire manufacturing and sourcing process for its clients, encompassing research and development, lab-scale development, bulk manufacturing, and final delivery. This comprehensive approach allows customers to obtain hard-to-find raw materials and essential ingredients while also achieving a strategic cost advantage. Through its innovative model, Atomgrid addresses the unique needs of businesses in the specialty chemicals sector.

Farm Theory

Seed Round in 2024
FarmTheory is an agritech platform dedicated to sourcing "ugly" or "imperfect" farm produce that is typically deemed unsellable due to its irregular shape or size. The company connects farmers with restaurants, providing a marketplace for these otherwise healthy fruits and vegetables. By facilitating the sale of flawed produce, FarmTheory enables restaurants to access fresh ingredients at a lower cost while reducing food waste. This approach not only supports farmers by giving value to their surplus produce but also helps restaurants maintain a sustainable and cost-effective supply chain.

Rupyz

Seed Round in 2024
Rupyz is a fintech company focused on serving micro, small, and medium enterprises (MSMEs). It has developed a software-as-a-service platform tailored for B2B e-commerce, aimed at digitizing and scaling distribution both offline and online. The platform provides a comprehensive digital infrastructure that maps the entire supply chain for brands, facilitating the creation of a robust commerce network. By doing so, Rupyz enables businesses to streamline their supply chain processes, enhancing operational efficiency and promoting faster growth.
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