Gemba Capital's $10 Mn Micro VC Fund To Invest In 24 Early Stage Startups
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India, Sept. 15 -- Micro VC funds are becoming more and more common in the Indian startup ecosystem. Recently, three ISB alumni announced a micro-VC fund, Atrium Angels, for startups. Taking a similar initiative, Bengaluru-based Gemba Capital that invests in pre-seed and seed rounds in tech startups from India has launched its maiden micro-VC fund of $10 Mn.
The fund will invest in 24 early-stage startups across SaaS, consumer tech, fintech, and deeptech sectors with the first cheque of $250K and a 35% reserve ratio for making follow-on investments.
Founded by Adith Podhar in 2019, Gemba Capital, which started as a family office making angel investments, has now funded pre-seed and seed rounds in 30 startups. Few notable ones include in...
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