Mindtree co-founders’ Mela Ventures to invest in early-stage startups

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.