Pre-seed and seed fund research profile
Merak Ventures is an early-stage Indian B2B and emerging-technology fund. Its public Fund I portfolio includes companies in credit infrastructure, specialty chemicals, AI, agritech, hardware, satellite technology and enterprise software.
At a glance
Research profile
Open a section to inspect the evidence. The first view starts with the investment point of view; the rest stays quiet until you need it.
Investment lens
Merak Ventures uses a pre-seed and seed; early-stage b2b and emerging technology approach across B2B commerce, enterprise technology, fintech and deeptech.
Current evidence
Merak’s current official site publishes a 2026 CurvetAI pre-seed announcement and a 2024 Atomgrid investment story. The manager’s official Fund I portfolio page also names current positions including AbleCredit, CredResolve, iDO Devices, Rupyz and SatLeo Labs.
Strategy
Pre-seed and seed; early-stage B2B and emerging technology
Sector focus
B2B commerce, enterprise technology, fintech and deeptech
AIF structure context
Indian venture capital and angel-fund strategies are commonly structured as Category I AIFs. Verify the specific vehicle and registration before investing.
Current signal
Merak’s current official site publishes a 2026 CurvetAI pre-seed announcement and a 2024 Atomgrid investment story. The manager’s official Fund I portfolio page also names current positions including AbleCredit, CredResolve, iDO Devices, Rupyz and SatLeo Labs.
Investor questions
Merak Ventures is covered in Rupeia's venture capital research universe. The current public record describes the strategy as Pre-seed and seed; early-stage B2B and emerging technology, with a sector focus of B2B commerce, enterprise technology, fintech and deeptech. The profile should be read with the linked source trail and Typical route: Category I AIF context.
The profile displays only company or asset names attributable to Merak Ventures in the reviewed public sources: AbleCredit, Atomgrid, CredResolve, Curvet, Farmtheory, Helium, iDO Devices, NeoSapien, Rupyz, SatLeo Labs and Unicel. It does not represent a complete current portfolio unless the manager has published one.
The manager’s official Fund I page names AbleCredit, Atomgrid, CredResolve, Curvet, Farmtheory, Helium, iDO Devices, NeoSapien, Rupyz, SatLeo Labs and Unicel. Public announcements include Atomgrid’s 2024 seed round and Curvet’s 2026 pre-seed round; audited fund-level performance is not publicly disclosed. These signals are not a substitute for fund- and vintage-specific net performance, realised distributions and audited or administrator-supported reporting.
Public fund size: The manager does not publicly disclose Merak Fund I corpus or combined AUM.. Public terms or access information: Pre-seed and seed investing in B2B and emerging technology companies; cheque sizes, fees, carry, reserves, fund term and liquidity are not publicly disclosed.. Current fees, minimum commitment and availability must be confirmed for the exact named vehicle in its fund documents.
The current source record names Sheetal Bahl (Founding Partner), Manu Rikhye (Partner), Pranav Sanghvi (Partner), Nakkul Mahajan, Priya Kumari, Dharmender Birhman and Sreya Rakshit. Verify current roles, departures, attribution and key-person provisions before relying on the team history for a new commitment.
Review stage concentration, follow-on reserves, company failure rates, dilution, exit timing and the gap between paper valuations and realised distributions. The current open diligence point is: Current corpus, LP roster, vehicle-level ownership and audited fund-level returns are not publicly disclosed. Merak Fund I is kept separate from the manager’s historic growX exposure; only the official Merak Fund I portfolio section is listed here..
2026: Merak’s current official site publishes a 2026 CurvetAI pre-seed announcement and a 2024 Atomgrid investment story. The manager’s official Fund I portfolio page also names current positions including AbleCredit, CredResolve, iDO Devices, Rupyz and SatLeo Labs.
Next step
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