Gemba Capital, which actively invests in seed and pre-seed rounds in India, 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 in September last year.
It plans to broadly invest 50 percent of the fund in fintech and SaaS companies. The remaining will be deployed across sectors such as Web 3.0, gaming, deeptech, healthcare, and B2B commerce.
Gemba Capital will focus on participating in the journey of high-quality, high-growth companies led by mission-driven founders as early as possible. As it scales, the VC firm looks to add venture partners and team members to its investment team.