Mela Ventures, a Sebi-approved Category- 2 Alternative Investment Fund (AIF) founded by Mindtree co-founders Krishnakumar Natarajan and Parthasarathy NS, announced the appointment of Viju George, a technology industry veteran in investment analysis, as the full-time partner. With an illustrious career spanning over a couple of decades, Viju has garnered a reputation for driving strategic financial initiatives within the…
FirstHive, a Customer Data Platform, announced a new round of funding led by India based VC Mela Ventures. With this investment, FirstHive continues to invest in existing geographies while it expands its global presence across various geographies (including India, North America, Middle East and SEA) in the B2C large enterprise marketplace. FirstHive, founded in 2016, became the…
Mela Ventures has announced the appointment of leaders namely S Somasegar, Neetan Chopra, Mack Gill, Padmashree Shagrithaya to the Board of Advisors. The team will play an active role in advising Mela Ventures in identifying the right opportunities, shortlisting the portfolio companies, and guiding through various strategies and business decision. Additionally, Mela Ventures has strengthened…
General Aeronautics (GA), a specialist in Drones for precision agriculture, has announced a INR 65 million pre-series A financing led by Mela Ventures. With the investment, GA will expand its go-to market programs, and will continue to invest in the areas of high reliability and efficient spraying, operational support including training Drone Pilots. GA was started by…
Infilect, a Retail Visual Intelligence SaaS provider to the worldwide Retail Industry, announced a $1.5 million pre-series A financing led by Mela Ventures and 1Crowd, with participation from The Chennai Angels (TCA). With the investment, Infilect will expand its go-to market programs, and will continue to invest in the areas of Image Recognition (IR) for…