Micro VC Gemba Capital, which has till now invested in 33 startups and has a funding ticket size of $200,000 per company, plans to invest in another 8 new startups.
Furthermore, Gemba Capital expects to declare the final close of its $10 million fund in March 2022 along with plans to invest in eight startups this year. Gemba capital has a funding ticket size of $200,000 per company.
Founded in 2019 by Adith Podhar, Gemba Capital started as a family office making angel investments but has now made pre-seed and seed round investments in more than 30 startups. Some of the startups in its portfolio include Plum, BimaPe, SleepyCat, Gripinvest, Strata, Unnati, Crejo, Zuper, ClickPost and Cleardekho.
Other portfolio companies include Insuretechs Plum and Verak, alternative investing platforms Grip invest, agritech startup Unnati, workforce management firm Zuper and cloud kitchen Hoi Foods.
Adith Podhar says his Bengaluru-based micro VC firm Gemba Capital focuses on pre-seed and seed investments in consumer internet, SaaS, fintech, and deeptech sectors
Micro VC Gemba Capital is likely to close $10M Fund soon
Gemba is expected to announce our final close of $10 Million fund soon, and the company is upbeat that it gets oversubscribed. Meanwhile the company have already started building the investment pipeline. While it has not started deploying capital yet, there are a couple of deals in the pipeline. Hopefully, our first investment should happen in March or the latest by April. According to company officials they are now shifting gears from fundraising to fund deployment.
Adith Podhar likes to call himself “an entrepreneur by heart” and “an investor by profession”. His varied experiences – as private equity investor, an investment banker, and a food entrepreneur – continue to play a critical role as he bets on startups and founders through his micro venture capital firm
There is a tremendous amount of excitement in web3 space and the company believes India will take a lead here. From a global perspective, India and the US can take a lead in web3 because of the talent availability of engineers, as these are very technical engineering oriented businesses.
Gemba already have examples like Polygon, CoinDCX, WazirX but there will be much more happening in this space. So we are keeping our eyes on it.
The fund have started building out a thesis on DeFi space, the thesis is more or less built. But due to limited capital it currently doing a limited amount of transactions. So we are being cautious about the bets we want to take in the DeFi space – whether it will be in the infrastructure layer and platform layer.
The company is in talks with many founders to understand the gaps where they want to work — that’s when it will start deploying funds in this space. So maybe out of 8 startups this year, it will end up with a couple of investments in DeFi space.
