Gemba Capital invests in seed and pre-seed rounds in India. The company has made an initial close of Rs 75 crore for its maiden fund. The micro-venture capital firm had launched its $10 million (Rs 77.48 crore) micro-VC fund last year.
Gemba Capital was founded in the year 2018. Gemba Capital is planning to invest its money into various tasks like:
- To broadly invest 50 % of the fund in fintech and SaaS companies,
- To be opportunistically deployed across sectors such as Web 3.0, gaming, deeptech, healthcare, and B2B commerce.
Gemba Capital’s ticket size is starting from $100,000 to $250,000 as the first payment. It has kept around 35 % of the fund size as reserve allocation for participating in follow-on rounds in winners from the portfolio.
Some of the pre-fund portfolio companies include Plum and Verak; Wint, Strata and Grip; Inai, ClickPost, Zuper, Tranzact, Threado; as well as Smartstaff, Unnati, and Krishikan.
Gemba Capital is keeping an eye on participating in the journey of high-quality, high-growth companies led by mission-driven founders as early as possible.
Another new initiative plan is to get launched soon - the Scout Programme – which will help highly networked individuals in the startup ecosystem to be a partner with Gemba Capital.
EXECUTIVE OPINION:
Adith Podhar, co-founder of the company said, “We are overwhelmed by the confidence shown in our abilities by our LPs. We have reached the target of Rs 75 crore and will announce the final close soon. We want to close all the ongoing discussions and we should get oversubscribed and touch Rs 100 crore.”
“Our LPs are a mix of CXOs, founders, and family offices. We have been able to attract great quality LPs and we are extremely happy with the LP mix. Now the focus has shifted completely on deployment and investing in great startups at pre-seed and seed stage,” added Adith.
“Our deal pipeline is strong, and we intend to make our first investment from May this year onwards. Our target remains to close eight deals by December end,” he further said.
