Mindtree co-founders’ Mela Ventures hits first close of debut fund

Mindtree co-founders’ Mela Ventures hits first close of debut fund

Photo by Josh Appel on Unsplash

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.