Funding · Commerce & Consumer Brands
MeMeraki raises funding from Next Bharat Ventures
By Startup Enthusiast ·
- Date
- Company
- MeMeraki
- What it does
- Culture-tech platform for Indian arts
- Kind
- Funding
- Amount
- Undisclosed
- Stage
- undisclosed
- Founded
- 2019
What they do
MeMeraki is a culture-tech platform that connects traditional Indian artisans with global markets
What happened
It raised an undisclosed amount from Next Bharat Ventures, the impact investment arm of Suzuki Motor Corporation
Why it matters
The funds will be used to strengthen its technology platform and expand retail distribution and enterprise partnerships
The details
- MeMeraki raised undisclosed funding from Next Bharat Ventures.
- Next Bharat Ventures is the impact investment arm backed by Suzuki Motor Corporation.
- The funds will be used to strengthen the technology platform and expand distribution and enterprise partnerships.
- The company plans to expand retail distribution across online and physical channels.
- It will build its team across design, technology, partnerships and operations.
- It will improve customer experience and supply-chain readiness.
- It will deepen work with artisan communities through structured onboarding, design support, and research-led content creation.
The bigger picture
- The investment signals growing interest in impact-driven startups that preserve cultural heritage.
- MeMeraki has already enabled over Rs 7 crore in new income for artisans.
- Artisans see an average income uplift of 20-30% through the platform.
About the business
- MeMeraki is an Indian culture-tech platform enabling technology-led market access for traditional Indian arts and crafts.
- It was founded in 2019.
- Its business model integrates heritage research, digital storytelling, curated commerce, and large-scale B2B cultural projects.
- It works directly with hundreds of master artisans across India, spanning more than 300 traditional art forms.
- It reaches audiences in over 40 countries.
- Its enterprise vertical includes art installations, murals, campaigns, and cultural advisory projects for corporates, public institutions, and global organisations.
- To date, the platform has enabled over Rs 7 crore in new income for artisans.
- The average income uplift for artisans is 20-30%.
What happens next
- Strengthen technology platform.
- Expand distribution across online and physical channels.
- Expand enterprise partnerships.
- Build team across design, technology, partnerships and operations.
- Improve customer experience and supply-chain readiness.
- Deepen work with artisan communities through structured onboarding, design support, and research-led content creation.
The deal
- Type
- funding
Investors
- Next Bharat Ventures (lead) — Impact investment arm backed by Suzuki Motor Corporation.
- IIMA Ventures (existing)
- AIC Banasthali (existing)
- Phanindra Sama (angel)
- Aprameya Radhakrishna (angel)
- Vikas Taneja (angel)
Founders
- Yosha Gupta, Founder and CEO
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