Mredul Sarda (Riceberg Ventures)

Overview

Mredul Sarda is a prominent entrepreneur and co-founder of Riceberg Ventures, a venture capital firm focusing on early-stage deep technology (DeepTech) startups. Riceberg Ventures was established in 2023 alongside Ankit Anand, Shubham Raj, and Lino Gandola. The firm aims to provide financial and strategic support to startups specializing in innovative fields such as spacetech, artificial intelligence (AI), cybersecurity, medtech, and other emerging technologies. Sarda's professional journey is marked by significant contributions to the Indian startup ecosystem, particularly in the DeepTech sector.

Recent Developments

In early 2025, Riceberg Ventures launched a $20 million fund designed to support early-stage startups across high-growth technology sectors. The focus of this fund includes sectors such as:

Spacetech: Supporting ventures like Manastu Space, which recently achieved a major milestone with ISRO's PSLV POEM-4 mission.
Artificial Intelligence and Cybersecurity: Providing hands-on guidance and strategic investments to startups aiming to redefine their respective industries.

Key developments include:

January 14, 2025: Riceberg Ventures announced the launch of their $20 million fund, aimed at nurturing 25-30 startups globally with an average investment of $0.5 million per company. The fund will leverage an extensive network of experts to facilitate the commercialization of DeepTech innovations.
Late 2024: The VC firm successfully supported several startups through its collaboration with E2MC Ventures via the KickSky SpaceTech accelerator—India's first dedicated program of its type.

Personal Information

Attribute	Information
Full Name	Mredul Sarda
Born	Not publicly disclosed
Nationality	Indian
Occupation	Venture Capitalist, Entrepreneur
Known For	Co-founder of Riceberg Ventures
Net Worth	Not publicly disclosed
Education	Alumnus of IIT Bombay

Early Life and Education

Mredul Sarda's early life details are largely private, but he is known to be an alumnus of the renowned Indian Institute of Technology (IIT) Bombay. His educational background in a prestigious technical institute provided him with the foundational knowledge and skills necessary for a career in technology and business. Before venturing into startups, Sarda worked in strategic roles that honed his abilities in managing and growing high-potential businesses.

Career and Notable Achievements

Mredul Sarda's career trajectory showcases a transition from strategic management roles to becoming a crucial player in the venture capital space:

2013-2018: Sarda sharpened his operational and strategic skills at fintech startup Slice, contributing significantly to its growth.
2023: Co-founded Riceberg Ventures with a mission to empower DeepTech entrepreneurs in India and internationally. The firm’s launch marked a significant step towards supporting innovative technology-driven startups.
Investments: Under his stewardship, Riceberg Ventures has invested in companies like Manastu Space, Signatur Biosciences, and Arch0, helping them achieve important milestones in the tech industry.

Current Work and Impact

Mredul Sarda continues to play a leading role at Riceberg Ventures, focusing on discovering and fostering startups that are breaking new ground in DeepTech and other forward-looking technology sectors. By investing in long-term R&D projects, he and his team aim to solve complex global challenges and transform these sectors.

Conclusion

Mredul Sarda's influence in the DeepTech venture space exemplifies the role of visionary financial and strategic support in nurturing groundbreaking technology. Riceberg Ventures continues to expand its reach and impact, setting up startups to potentially reshape marketplaces. As they progress, both Sarda and Riceberg Ventures are poised to contribute significantly to the evolution of industries around the world, leveraging their unique approach to venture capital investment for transformative results.