Merak Ventures is a $100M seed fund founded by growX Ventures' former leadership team, repositioned with a sharp focus on planet-positive and climate resilience investments rather than generic B2B software, making it one of the few Indian seed funds purpose-built at the intersection of climate and livelihoods. The fund operates from Delhi with an integrated thesis that backs both climate-tech and India digitization startups in unsexy, under-digitized B2B and infrastructure categories, viewing climate-tech as a horizontal layer impacting multiple real-economy sectors rather than just energy or carbon accounting.