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Investment Fund

Merak Ventures Fund 1

Overview

Merak Ventures, founded in 2022 by Manu Rikhye and Sheetal Bahl (both former GrowX Ventures partners who managed a $25 million early-stage fund), is a New Delhi-based venture capital firm targeting a $100 million fund, investing in idea/prototype/proof-of-concept stage seed B2B and emerging-technology companies. The firm plans to invest in up to 20 startups over 3-4 years.

Key Facts

Vintage year
2022
Managed by
Merak Ventures
Fund size
USD 100M
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Last updated April 18, 2026