India is innovating – in the villages, cities and metros. It is innovating with the college student, an office executive and a management honcho – all itching to move from their confines to a start-up mode. This innovation ‘is critical to economic change’, one of the most influential economists of the 20th century, Schumpeter believed.
The drivers of innovation or technological change are entrepreneurs or ‘wild spirits’, Schumpeter said and elaborated that technological innovation often creates temporary monopolies, allowing abnormal profits. This is what Meritude aspires to sow and reap.
India's start-up ecosystem has responded to the demand of these ‘wild spirits’. It is reflected in rise of accelerators and incubators, creation of co-working spaces, and successful exits.
We invite entrepreneurs, who have attracted talent and are ready to scale-up and accelerate their ventures, to spread their wings and fly with us.
Startups at this takeoff point, seeking funds are welcome to approach Meritude.
Investors', who wish to participate in this, start-up led, era of economic growth propelled by the entrepreneurial spirit Click here to start your journey as an Angel Investor with Meritude.
We are an early stage venture capital fund, investing in businesses built on vibrant and new ideas enabled by path-breaking use of technology. We see an opportunity for wealth creation in India created by entrepreneurial activity and rising growth aspirations. To leverage this we seek to invest in the newly connected economy represented by mobile, internet, data analytics, software and cloud.
Our Focus: Building an “Enterprise” for successful strategic exit. For this, we identify first-generation entrepreneurial teams and liberate them, to fulfil their dream
Our Idea: Start-ups are driven by the people – their vision, beliefs, values and individual initiative – more than the technology or business model. To engage with Meritude, the idea must be translated into a product or service and have customer validation.
We are a committed team with a unique combination of skill sets and the operational experience of building successful teams and businesses. We stand behind the entrepreneur supporting them through the early stage of the start-up's growth and have the ability to add value to portfolio companies beyond funding.