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.
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 aims to address the credit gap in emerging economies through its innovative AI credit underwriting platform. This platform employs advanced AI technologies, including generative models with voice, vision, and language capabilities, to assist credit teams in producing detailed credit reports tailored to individual cases. By streamlining the underwriting process, AbleCredit enhances the speed and reduces the costs associated with credit assessments, enabling greater access to credit for underserved populations.
Atomgrid
Seed Round in 2024
Atomgrid is a technology-driven company that specializes in custom manufacturing and sourcing of specialty chemicals. It aims to transform the global market by offering comprehensive solutions that cover the entire manufacturing process, from research and development to bulk production and delivery. By focusing on sourcing hard-to-find raw materials and essential ingredients, Atomgrid provides its clients with a strategic cost advantage while ensuring quality and efficiency. The company's platform is designed to meet the specific needs of its customers, streamlining their supply chain and enhancing their ability to access critical materials.
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 aimed at enhancing B2B e-commerce. This platform provides digital infrastructure that maps the entire supply chain for brands, facilitating both offline and online distribution. By creating a robust commerce network, Rupyz enables businesses to streamline their supply chain processes, thus promoting faster and more efficient growth. Its solutions are tailored to support the unique needs of MSMEs, allowing them to digitize and scale their operations effectively.
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