Suresh Sambandam launches MudhalVC, a venture capital fund to support Tamil Nadu startups.

Suresh Sambandam, founder of Kissflow, has launched MudhalVC, a venture capital fund to support startups in Tamil Nadu, particularly in tier-2 and tier-3 cities. The fund aims to invest ₹125 crore over the next 3-4 years, focusing on idea-stage companies in sectors like food tech and health-tech. MudhalVC seeks to reduce startup failure rates and will provide mentorship alongside funding. Additionally, Sambandam introduced an electric super vehicle, Bad Boy, set to launch in 2026.

September 26, 2024
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