From the second fund, the SEBI-registered AIF manager is looking to back 30 early stage 'platform-first' businesses
The fund will invest in companies with an average ticket size of INR 5 Cr and will reserve 30% of the corpus for making follow-on investments
Founded in 2018 by Podhar, Gemba Capital is a micro VC firm based out of Bengaluru which claims to have backed over 120 founders across over 50 startups to date
Micro venture capital firm Gemba Capital, which counts Plum, Grip Invest, Wint Wealth, Strata, Navadhan and LightFury among its portfolio companies, has floated its second fund with a target corpus of INR 250 Cr, including a green shoe option of INR 50 Cr.
From the second fund, the SEBI-registered AIF manager is looking to back 30 early stage ‘platform-first’ businesses across three focus sectors – fintech, consumer tech and B2B platforms.