We are an early-stage venture capital fund

INVESTMENT THESIS

To invest in seed-stage, B2B and Emerging Technologies companies solving real problems and creating large-scale impact.

Stage

Pre-Seed/ Seed. Pre-A if our stars are aligned. No later. Companies at idea/ prototype/ proof-of-concept stages. Pre-revenue is just fine.

Size

USD 0.5-1.5 mn first cheque. Sweet spot: USD 1 mn. Follow-on in subsequent rounds of up to USD 5 mn.

Sectors

Agnostic. Will look at most everything in B2B. (And most nothing in B2C).

Geography

Strictly India-centric. Essential operations or ties must be in India. Not equipped to invest in geographies we don't understand.

Latest from Stories

Back to Space, Again

In 2018, when we launched our first fund, growX Ventures Fund I, India’s SpaceTech ecosystem was still in its infancy. Read More >>

GrowX reaps a bonanza from space-tech firm Pixxel

MUMBAI: GrowX Ventures Fund, an early-stage B2B-focused venture capital firm, partially exited its stake in space-tech startup Pixxel, delivering a 17x return, a top executive said Read More >>

Breaking Conventional Bias: Embracing Diverse Talent in Venture Capital

In venture capital, there’s a persistent myth that an MBA is your one-way ticket to success. Read More >>

Merak Ventures leads $3.3 million funding round in space-tech startup SatLeo Labs

SatLeo Labs, an Indian space-tech startup, secured $3.3 million in pre-seed funding led by Merak Ventures Read More >>

The Quest to Solve the Unknown

It was a warm summer afternoon in 2008, the kind of day when time feels like it’s lazily stretching out. We had just moved to a new house, not far from my childhood home. Read More >>

What Exactly Is an ‘AI Start-Up’ — and Does India Have 5,000 of Them?

Somewhere in Bengaluru or Gurugram, a founder clicks to the second slide of their presentation and utters the magic words: “We are an AI-first company.” Read More >>

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